Pre-Market
The S&P 500 gains 0.24% in premarket trading. The DAX opened firmer on the back of better than expected Chinese economic data. The Chinese Producer PMI coming in much better than expected. China is a vital export partner for Germany. Gains could not be held as insecurity about US election results put pressure on the market. The DAX loses 0.12%, the real estate company Vonovia is down -1.45% and RWE gains 1.59%. Kellogg reported better than expected results on the back of cost cutting. The USD loses to the Euro and is unchanged to the Yen. Gold and WTI Oil are firmer.
S&P 500
The S&P 500 is in a sideways trend. Resistance is seen at 2200, support at 2115.
Nasdaq 100
The Nasdaq 100 is in a sideways trend. Resistance is seen at 4900, support at 4800.
RoboForex Analytical Department