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Equity snapshot (indices)

Equities are mixed to end the week. Performance this week at a glance in chart & table -

S&P 500 -

  • S&P is showing uncertainty as traders are back and forth in green and red. Today's range 2089-2077.
  • Producer price index rose by 0.3% in July, excluding Food and energy.
  • Industrial production rose by 0.6% in July.
  • Michigan consumer sentiment dropped to 92.9 from 93.1

  • S&P 500 is currently trading at 2086. Immediate support lies at 1980, 2040 and resistance 2150.

FTSE -

  • FTSE dropped further, wiping out this year's entire gains. Today's range 6600-6540.
  • FTSE is currently trading at 6560. Immediate support lies at, 6050, 6450 and resistance at 6850, 7000.                            

DAX -

  • DAX reversed initial gains and dropped further. Today's range 11100-10910.
  • DAX is currently trading at 11000. Immediate support lies at, 10500 area and resistance at 11800 around.

EuroStxx50 -

  • Stocks across Europe are red today as GDP growth turned out to be weaker than expected at 0.3% for second quarter.
  • Germany is down (-0.27%), France's CAC40 is down (-0.45%), Italy's FTSE MIB is down (-0.51%), Portugal's PSI 20 is up (+0.12%), Spain's IBEX is down (-0.42%)
  • EuroStxx50 is currently trading at 3495, down by -0.4% today. Support lies at 3300 and resistance at 3760.

Nikkei -

  • Nikkei is relatively better performer as weaker yen and foreign inflows continued to provide cover.

  • Nikkei is currently trading at 20520, with support around 20000 and resistance at 21000.

S&P500

+0.38%

FTSE

-2.58%

DAX

-4.46%

EuroStxx50

-4.03%

Nikkei

-0.54%

 

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