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Yesterday’s sudden slide in energy markets has reversed this morning with US Crude Oil cutting its losses to 0.4% from 1.6% and RBOB Gasoline flipping from down 0.4% to up 0.6% over the last hour. Yesterday’s retreat in energy markets
US index futures are down 0.3%-0.4% this morning giving back some of yesterday’s 0.4%-0.8% gains, dragged downward by mixed employment news. At the national level, the news has been positive with ADP private sector payrolls (235K vs street 150K) and
The Hang Seng rallied 5.9% overnight in catchup trading as it reopened from Chinese holidays, but since then, it has been downhill for stocks in Europe and North America. The two-day rally which started the quarter has come to an
Although US index futures are up 0.3% to 0.5% this morning, today’s bounce has not been able to erase all of yesterday’s US declines of 0.50% to 0.75% for the major indices. European indices are also indecisive this morning with
Early trading so far today has been a partial reversal of yesterday’s moves with equities giving back some of Tuesday’s gains and commodities plus gold clawing back some of yesterday’s losses. The catalyst for what so far appears to be
World markets have been mixed again overnight and into this morning. US index futures are flat to down 0.2% this morning as stocks digest yesterday’s 0.5% to 0.8% gains for major US indices. European indices are in the green today
Its a mixed day for equity markets around the world so far as investors digest a flurry of economic, political and corporate events. The biggest action so far today has been in Italy where Milan’s bourse is up 2.5% on
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