Equity snapshot (indices)

Equities are down globally in today's trading. Performance this week at a glance in chart & table -

• S&P 500 - US benchmark fell after it failed to break into new highs yesterday. Lower earnings expectation is weighing on price. MBA mortgage application rose by 9.5% whereas durable goods order fell by -1.2% in February. SPX500 is currently trading at 2086, down 0.35% for the day. Immediate support lies at 2040, 2080 and resistance 2120, 2164.
  
  
 
• FTSE - FTSE so far managed to stay above 7000 mark amid selling pressure. BBA mortgage application rose to 37.3K from previous36.7K. FTSE is currently trading at 7012, down 0.1% today. Support lies at 6700, 6920.
  
  
 
• DAX - DAX is struggling today amid global risk aversion. German IFO business climate grew to 107.9, Expectation to 103.9 and current assessment to 112. DAX is currently trading at 11932. Immediate support lies at 11740, 11390 and resistance at 12080, 12250.
  
  
• EuroStxx50 - Stocks across Europe are down today amid global sell off. Germany is down (-0.60%), France's CAC40 is up (-0.9%), Italy's FTSE MIB is down (-0.40%) and Spain's IBEX is down (-0.66%). EuroStxx50 is currently trading at 3701, down -0.56% today. Support lies at 3635, 3545.
  
  
• Nikkei - Nikkei is taking a hit amid global sell off and stronger Yen. Nikkei traded close to 19800, before falling over selling pressure. Nikkei is trading at 19650. Immediate support lies at 19460, 19220.