US Open. Market Overview for 23.09.2016
23.09.2016
Pre-Market
The S&P 500 is down 0.22% in premarket trading. After strong gains over the last few days in the DAX, profit taking was seen at -0.3%. The German Manufacturing PMI came in better thanks expected but has no effect on the market. Largest losing stock today is VW, this is due to the diesel manipulation scandal also affecting Audi, which is part of VW. Currency markets are trading quietly, the Euro trading up slightly to the USD and Yen unchanged. WTI Oil, after initial weakness, retraced back to unchanged. Gold is trading up for the fifth consecutive day at +0.17%. We expect a lower open for Walls Street.
The S&P 500
The S&P 500 is trending sideways.
Nasdaq 100
The Nasdaq 100 is in an upward trend.
RoboForex Analytical Department
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.