The S&P 500 trades up 0.24% pre-market. The Dax remains lethargic at -0.06%, missing impulses on this „Black Friday“. The DAX has now been in a sideways trend since August. Largest losing stock is Thyssen Krupp, which trades down 2.53%- Fresenius Medical Care, on the other hand, gains 1.08%. Lufthansa trades stable at -0.33%, despite anew strikes. According to Lufthansa, the costs of the strike has reached 20 million Euro in two days and has additionally tarnished its image. The US´s “Black Friday“ today proves a good indicator for the important upcoming Christmas business. We expect Wall Street to open positively. Gold rebounds and WTI Oil trades down.
The S&P 500 has broken out to the upside and is in an upward trend
The Nasdaq 100 is in a sideward trend
RoboForex Analytical Department
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