Morning Traders
A mildly negative finish on US markets last night for the Dow and S&P 500, though the nasdaq was able to cross into the green by close. The S&P fell for the first time in seven days the longest winning streak for 20 months and although finishing off its lows for the day was unable to cross the winning line. Volume was again very light .
DOW - 38 points
S&P 500 -1.76 points
NASDAQ + 5.72
FTSE -15
DAX 34.88
Materials and energy were the biggest losers in the US but the falls were not great. Alcoa -1.67 %
European markets also failed to post gains and closed in the red for the second day in a row (FTSE),
third day for dax .
Gold lost a little lustre falling 9 bucks to 1612 and is still in a tight range.
Copper -1.57%
Currency :-
US bonds 30 yr -0.24% (at support levels )
USD - 0.13 82.42
LOCAL Market
The SPI futures are pointing to a positive start for us with a reading of +9
Good Luck
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