S&P 500 climbs 20 points to fresh record

News

The party continues

The open in the S&P 500 was a bit stronger than anticipated with the index gaining 20 points to a fresh record at 3754.

The risk trade is also improving in FX with the commodity currencies at the best levels of the day and the US dollar on the defensive across the board.

As I mentioned earlier, today is the final day of the year for tax loss selling so that will be a spot to watch.

For bank trade ideas, check out eFX Plus

Articles You May Like

Buy the dip! HAL, PNB, IDFC First Bank among 10 stock ideas from Jefferies
GBPUSD Technical Analysis – The US Dollar rally might have run out of steam
EUR/GBP Price Forecast: Extends gains past the 50-day SMA and 0.8300
Forex Market Pauses Ahead of US Retail Sales, UK GDP
These 8 stocks hit 52-week high, rallied up to 18% in a month

Leave a Reply

Your email address will not be published. Required fields are marked *