The primary index composites in the U.S. rallied to end the last session last
week in the green and investors were eager to see the positive momentum carry
over to begin the opening trading session today. Prior to opening bell this
morning, stock futures for the Dow Jones Industrial Average, as well as the
Nasdaq and the S&P 500, were posting green across the tracking boards. Asian
market action this day was skewed towards the positive. The primary indices in
Asia closed out in the green to begin their respective trading week. The Nikkei
was higher by 1.90 percent. The Hang Seng was higher by 4.14 percent and the
Shanghai Composite went green by 2.29 percent. Approaching the halfway mark in
the European market session, the DAX and the FTSE 100 were trending on the
positive side of breakeven. As session close approached in Europe, the primary
indices moved higher. The CAC 40, as well as the FTSE 100 and the DAX closed in
the green. Index movement in the U.S. still remains malleable based on the news
and trends stemming from the global marketplace, especially in Europe. European
leaders continue to work towards attaining financial stability for the region.
This news allows investors to feel more optimistic about the future global
stability of trade. Investors on Wall Street are also eager to hear more from
Fed policy leaders regarding another round of economic stimulus for the U.S.
This news is also inflating the optimistic feelings of investors. As the session
reached the halfway point in the U.S. today, the primary indices in the U.S.
were trending positively. The DJIA was higher by .79 percent at 11,901.62. The
Nasdaq was higher by 2.10 percent at 2,692.90 and the S&P 500 was higher by 1.11
percent at 1,252.02. Frank Matto
No comments:
Post a Comment