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Cash Markets Inch to a New Record High

EQUITIES
  • The Dow Jones inched to a new record high Thursday, printing up at 35,510.7 thanks to a solid contribution from saleforce.com and Apple. The gains were somewhat short-lived however, with prices retreating into the close to make for a mixed performance on Wall Street.
  • The healthcare and tech sectors outperformed in the S&P 500 - running somewhat counter to the trend evident from Monday's opening bell - while energy and material resumed their recent decline.
  • Across Europe, with the picture was similarly mixed as Germany's DAX and France's CAC-40 posted solid gains, but the UK's FTSE-100 lagged.
  • Focus Friday turns to US import/export price indices as well as the prelim August Michigan confidence survey.
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