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Free AccessStocks Oscillate Either Side of Unchanged
- A relatively uneventful session for US stock markets as the S&P 500 traded either side of unchanged for much of the day. In futures space, the e-mini S&P managed to hold the bulk of the week's gains, raising the likelihood of a test on all time highs on any break higher.
- Communication services remain firm and were the strongest performing sector Wednesday. Energy and tech also traded well, but only posted marginal gains. Materials and industrials sectors countered, slipping to the bottom of the US table.
- In Europe, UK's FTSE-100 outperformed as GBP softened, while all other continental bourses were in retreat. Spain's IBEX-35 was the laggard, dropping 0.4% at the close.
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.