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Equity snapshot (indices)

Equities are marginally higher today. Performance this week at a glance in chart & table -

S&P 500 -

  • S&P is marginally up today, as lower rise in employment cost causing some headwinds. Today's range 2116-2104.
  • US employment cost index rose by +0.2%, lowest since 1982.
  • Chicago PMI rose by 54.7 in July.
  • Michigan consumer sentiment dropped to 93.1 in June from 93.3 prior.

  • S&P 500 is currently trading at 2112. Immediate support lies at 1980, 2040 and resistance 2150.  

FTSE -

  • FTSE top performer this week as economic outlook improved along with company results. Today's range 6710-6650.
  • FTSE is currently trading at 6700. Immediate support lies at, 6050, 6450 and resistance at 6850, 7000.                                   

DAX -

  • DAX is marginally higher today. Today's range 11320-11170.
  • DAX is currently trading at 11320. Immediate support lies at, 10500-10600 area and resistance at 11800 around.

EuroStxx50 -

  • Stocks across Europe are all mixed today.

  • Germany is up (+0.46%), France's CAC40 is up (+0.70%), Italy's FTSE MIB is up (+0.60%), Portugal's PSI 20 is down (-0.60%), Spain's IBEX is up (+0.20%)
  • EuroStxx50 is currently trading at 3605, up by +0.45% today. Support lies at 3300 and resistance at 3760.

Nikkei -

  • Nikkei is higher as Yen weakened across board.
  • Outlook for Japanese companies improved as construction orders rose by 15.4% in June from a year ago. Housing starts rose by 16.3%
  • Nikkei is currently trading at 20570, with support around 20000 and resistance at 21000.

S&P500

+1.29%

FTSE

+2.40%

DAX

+0.27%

EuroStxx50

+0.78%

Nikkei

+1.03%

 

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