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E-mini S&P Hits Another High, But Prices Ebb Lower Into Close

EQUITIES
  • US equity futures printed fresh alltime highs shortly following the open, tipping the high watermark to 4544.00. This price action faltered very slightly, with the e-mini S&P ebbing lower after the London close.
  • The US energy sector rebounded solidly having underperformed into the midpoint of the week. Oil & gas exploration as well as oil services firms rallied sharply, with the likes of Occidental Petroleum, Marathon Oil and Diamondback Energy rallying as much as 7%.
  • Across Europe, core indices traded in only minor positive territory, with the FTSE-100 higher by 0.2%, while the EuroStoxx50 held just above unchanged.

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