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Equity snapshot (indices)

Equities are worst performer this week. Performance this week at a glance in chart & table -

S&P 500 -

  • S&P is sharply down again today after bears cleared key support yesterday. Today's range 2032-1990.
  • Manufacturing PMI slowed to 52.9 in August from 53.8

  • S&P 500 is currently trading at 1997. Immediate support lies at 1980 and resistance 2040.

FTSE -

  • FTSE continued its record losing streak, hit by further risk aversion. Today's range 6350-6150.
  • FTSE is currently trading at 6160. Immediate support lies at, 6050 and resistance at 6450.                                   

DAX -

  • DAX fell to 10000 mark today as selling continued heading into weekend. Today's range 10430-10040.
  • DAX is worst performer of the week. Though 10000 is likely to provide some support, price might reach beyond towards 9500 area.
  • DAX is currently trading at 10060. Immediate support lies at, 9500 area and resistance at 10500 around.

EuroStxx50 -

  • Stocks across Europe are close to wiping out this year's entire gains.
  • Germany is down (-3%), France's CAC40 is down (-2.9%), Italy's FTSE MIB is down (-3.2%), Portugal's PSI 20 is down (-2.3%), Spain's IBEX is down (-2.9%)
  • EuroStxx50 is currently trading at 3236, down by -2.5% today. Support lies at 3150 and resistance at 3360.

Nikkei -

  • Nikkei is no different, global selloffs in equities pushed Nikkei to lowest since March.

  • Nikkei is currently trading at 19060, with support around 18500 and resistance at 20500.

S&P500

-4.59%

FTSE

-6.43%

DAX

-8.90%

EuroStxx50

-7.89%

Nikkei

-7.39%

 

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