Major indices are mixed for the week The European stocks are closing higher for the day. All the major indices are closing in the black. For the week however, the results are mixed. The provisional closes for the day are showing: German DAX, +1.09% France’s CAC, +0.88% UK’s FTSE 100, +0.76% Spain’s Ibex, +1.17% Italy’s
Technical Analysis
S&P and Dow also trading to new session highs The major US stock indices have now all turned positive. The NASDAQ index which has been lagging the S&P and Dow today, as the race declines and is now trading in the black and at new session highs. The S&P index and Dow industrial average are also trading at their
WTI settles at $40.55, up 96 cents Front month WTI crude had been as low as $38.54 but bounced more than $2 to finish nicely higher on the day. Crude has been tied to $40 for weeks but today’s rebound is a preliminary sign of a higher low. If crude can get above $41.63 next