Equity snapshot (indices)

Equities are back trading in green today. Performance this week at a glance in chart & table -

S&P 500 -

• S&P future is up sharply with return of risk appetite. Today's range 1938-1986.

• Flash reading showed US GDP grew by 2.1% in second quarter while PCE price index remained stable.

• Initial jobless claims came at 271,000.

• Pending home sales rose by 0.5% in July from June.

• Kansas FED manufacturing activity dropped to -16 from -5 prior.
  
  
• S&P 500 is currently trading at 1986. Immediate support lies at 1930 and resistance 2040.

FTSE -

• FTSE is rising sharply as risk appetite returned to global markets. Today's range 6070-6240.
  
• FTSE is likely to reach 6600 mark.
  
  
• FTSE is currently trading at 6225. Immediate support lies at, 5800 and resistance at 6500.                                

DAX -

• DAX is sharply up today, as risk appetite improved. Today's range 10160-10390.

• DAX is currently trading at 10360. Immediate support lies at, 9500 area and resistance at 10500 around.

EuroStxx50 -

• Stocks across Europe are trading in green today.

• Germany is up (+3.18%), France's CAC40 is up (+3.60%), Italy's FTSE MIB is up (+3.45%), Portugal's PSI 20 is up (+2.70%), Spain's IBEX is up (+3.00%)

• EuroStxx50 is currently trading at 3290, up by +1.9% today. Support lies at 3000 and resistance at 3360.

Nikkei -

• Nikkei is relatively weaker performer, thanks to stronger Yen. Today's range 18470-19070.
  
  
• Nikkei is currently trading at 19020, with support around 16000 and resistance at 18500.