Article by IG Senior Market Analyst Axel Rudolph FTSE 100, CAC 40, Nasdaq 100 Analysis and Charts FTSE 100 drops further as UK retail sales fall by more than expected The rout in the FTSE 100 is ongoing as UK retail sales dropped by 1.2% month-on-month in July, worse than an expected 0.5% drop and
FTSE, DAX and S&P 500 News and Analysis FTSE 100 slips despite UK inflation diminishing DAX 40 remains under pressure S&P 500 drops to new one-month low as Fitch joins Moody’s with warning to banks Written by IG Senior Analyst Axel Rudolph Recommended by IG Get Your Free Equities Forecast FTSE 100 slips despite UK
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Dow Jones Charts and Analysis FTSE 100 aiming to move above 7600 The index managed to push its way above 7600 yesterday but was unable to hold these gains. A reversal below 7540 and the 50-day SMA would be a bearish development and
Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, S&P 500, CAC40 Analysis and Charts Nasdaq 100 hits three-week low The index has fallen to its lowest level in three weeks, as the US debt downgrade provides a catalyst for a sell-off. Additional declines target rising trendline support from the April lows, and then
S&P 500, SPX, NASDAQ 100, NDX – OUTLOOK: Signs of fatigue on the Nasdaq 100 index charts amid extreme optimism. The S&P 500 index has fallen below a support for the first time since April. What is the outlook and the key levels to watch in the S&P 500 and the Nasdaq 100 index? Recommended
Share: Dow Jones futures fall 0.3% after Fitch downgrades US credit rating to AA+. DJIA is overbought on daily RSI as it trends higher near 35,750 resistance level. US July ADP Employment Change arrives at 324K, way above 189K expectation. Analysts expect Friday’s July Nonfarm Payrolls data to decline to 200K. The Dow
The major indices are ending the day with solid gains. The gains are led by the NASDAQ index which surged by 1.86%. The Dow industrial average was the laggard today, but still rebounded by 0.50% on the day. All the major indices are closing higher for the week. The final numbers for the day are
As the Fed decision looms at the top of the hour, the major indices are trading lower led by the NASDAQ index. The Dow is down marginally. A close lower today would snap its 12-day winning streak. The record is 13 straight days of gains. A snapshot market currently shows: Dow industrial average -3.28 points
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