Day Trading Pre Market July 10

THE PENSKE FILE JULY 10


Morning punters i was getting stale so i decided on a name change to freshen up, was mildly suprised to see that speckledjim was already taken


US stocks closed higher on Thursday after Wall Street found relief in Beijing's efforts to halt a rout in Chinese stocks, which lifted markets around the world.
China's securities regulator, in its most drastic step yet to arrest a selloff on Chinese stock markets, banned shareholders with large stakes in listed firms from selling for the next six months.
About 30 per cent has been knocked off the value of Chinese shares since mid-June. Some investors fear that the turmoil in the Chinese market could destabilise the global financial system, making it a bigger risk than the Greek crisis.
Adding to cautious optimism on Wall Street, European markets rose on hopes that Greece might be able to win a deal that could keep it in the euro zone. Greek Prime Minister Alexis Tsipras has until midnight to propose spending cut plans.
The Dow Jones industrial average rose 33.2 points, or 0.19 per cent, to end at 17,548.62. The S&P 500 gained 4.63 points, or 0.23 per cent, to 2051.31 and the Nasdaq Composite added 12.64 points, or 0.26 per cent, to 4922.40.
All three indexes earlier traded up 1 per cent or more.

China's sharemarket closed 5.8 per cent higher, its biggest gain since 2009 and following Wednesday's 6 per cent plunge. The country's equity markets have suffered major losses over the past three weeks, despite numerous efforts by authorities to shore up confidence, but Thursday's trade indicated that sentiment may be recovering.


SPI FUTURES +22
Gold $1160 + .1%  

AUD $74.46  

Copper +1.9%
Nickel + 5.8%  


running late because of bloody cricket


PENKSE MATERIAL