June 24, 2010

U.S Markets view before opening bell


U.S index futures are trading negatively and pointing to a lower opening for indexes like Dow Jones and S&P 500. European indices are also trading with a negative bias.
Traders in Europe were disappointed by the Federal Reserve statement which did not take a positive stand on economy and Europe.
According to a Draft G20 document world leaeders who are going to meet this week are not going to be positive on global economic recovery and are concerned about the huge costs of stimulus hitting the long term growth.
Important results are to be announced including that of Oracle.
GLOBAL MARKETS UPDATE

MARKETS

CURRENT
LEVEL

CHANGE IN PERCENTAGE

UK 100

5140

-0.74%

France 40

3599

-1.15%

Germany 30

6154

-0.80%

JapanNI225

9928

+0.05%

Hang Sen 40

20733

-0.59%

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