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Equity snapshot (indices)

Equities are all trading in green today as bargain hunters jumped into the market. Performance this week at a glance in chart & table - S&P 500 - S&P is up today, as risk off sentiment failed to gain much ground. Today's…

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Equity snapshot (indices)
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Equities are all trading in green today as bargain hunters jumped into the market. Performance this week at a glance in chart & table -

S&P 500 -

  • S&P is up today, as risk off sentiment failed to gain much ground. Today's range 2093-2068.
  • S&P/ Case-Shiller home price index showed, house prices rose by 4.9% In June.
  • Preliminary reading showed Markit services PMI rose to 55.2 from 54.8 prior.
  • Richmond FED manufacturing index rose to 13 from 7 prior.
  • Consumer confidence dropped to 90.9 in July.

  • S&P 500 is currently trading at 2093. Immediate support lies at 1980, 2040 and resistance 2150.

FTSE -

  • FTSE gained as economic outlook improved. Today's range 6590-6490.
  • GDP is expected to grow at 0.7% in second quarter.

  • FTSE is currently trading at 6590. Immediate support lies at, 6050, 6450 and resistance at 6850, 7000.
  •                                      

DAX -

  • DAX is up today as risk on sentiment improved. Today's range 11250-11000.
  • DAX is currently trading at 11220. Immediate support lies at, 10500-10600 area and resistance at 11800 around.

EuroStxx50 -

  • Stocks across Europe are all trading in green as risk aversion subsided. However Portugal stocks are negative.

  • Germany is up (+1.06%), France's CAC40 is up (+0.80%), Italy's FTSE MIB is up (+2.3%), Portugal's PSI 20 is down (-0.4%), Spain's IBEX is up (+0.86%)
  • EuroStxx50 is currently trading at 3570, up by +1.7% today. Support lies at 3300 and resistance at 3760.

Nikkei -

  • Nikkei is up today, however seems to be struggling.
  • Stronger Yen posing headwinds.
  • Nikkei is currently trading at 20370, with support around 20000 and resistance at 21000.

S&P500

+0.34%

FTSE

+0.72%

DAX

-0.61%

EuroStxx50

-0.17%

Nikkei

+0.04%

 

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