Stirred, Not Shaken
The last 24 hours have seen significant divergences in performance across world markets including overnight and into this morning. In the US, Dow futures are down 0.4%, adding to yesterday’s 1.0% Dow loss. NASDAQ futures are up 0.3%, clawing back most of yesterday’s 0.4% NASDAQ loss. Overseas, the Hang Seng soared to 4.0% to close […]
NASDAQ Futures Come Under Pressure
Followers of the Morning Minutes may recall that one of the big themes of trading in the spring was market gains becoming concentrated in a small number of (mainly technology) stocks at the expense of other sectors. As we move further into July, the pendulum appears to be swinging back the other way. Yesterday, for […]