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S&P Eyes 4,500

EQUITIES
  • European stocks have had a mixed performance so far Tuesday, with materials / energy leading (on higher commodity prices) and utilities and healthcare dragging on the broader indices. The German Dax is last up 57.28 pts or +0.36% at 15852.79, FTSE 100 down 15.89 pts or -0.22% at 7109.02, CAC 40 down 22.53 pts or -0.34% at 6683.1 and Euro Stoxx 50 up 3.69 pts or +0.09% at 4176.42.
  • U.S. futures are pushing to new highs, with the Dow Jones mini up 54 pts or +0.15% at 35335, S&P 500 mini up 7.75 pts or +0.17% at 4483.25, NASDAQ mini up 42.25 pts or +0.28% at 15346.75. The S&P contract is hitting fresh all-time highs and the uptrend remains intact, with the next target 4,500.00.
  • Asian stocks closed higher, with Japan's NIKKEI up 237.86 pts or +0.87% at 27732.1 and the TOPIX up 19.06 pts or +1% at 1934.2. China's SHANGHAI closed up 37.339 pts or +1.07% at 3514.471 and the HANG SENG ended 618.33 pts higher or +2.46% at 25727.92.

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