| Author | Message | ||
     Entrepreneur Kurra Bewarse Username: Entrepreneur Post Number: 3899 Registered: 05-2011 Posted From: 24.164.46.35 Rating: N/A |
World markets off to a start to the week The global equity markets are little changed to start the week. S&P Futures are down about two points to trade around the 4666 area. The market saw a quick dip down to the ultimate low of 4650.00 shortly after the open. This was bought and culminated with a high of 4681.75 just before Europe opened. Spoos have settled back to the neutral zone since then. In Asia, China rose 0.4%. The Shanghai saw support after the Securities Regulatory Commission pledged to take measures to keep volatility in check. In Japan, the Nikkei was closed for public holiday. In Europe, the major bourses are subdued. The markets appear to be searching for direction as the week gets underway. Energy stocks continue to push higher. BP and Royal Dutch Shell are up 0.5% with crude over $79. BMW is trading well over 2% higher after Goldman upgraded the stock. |