Markets round up today – 27th June 2019
U.S. & China G-20 meeting in focus
FTSE 100 closed at: 7402 – (down 14 pts from 26th)
DOW closed at: 26526 – (down 22 pts from 26th)
S&P 500 closed at: 2923 – (up 9 pts from 26th)
NASDAQ closed at: 7968 – (up 58 pts from 26th)
DAX closed at: 12271 – (up 26 pts from 26th)
Nikkei 225 closed at: 21276 – (down 62 pts from 26th)
Markets broadly flat and ‘on hold’ with no significant changes. Investors patiently waiting to pick some detail from the Trump and Xi Jinping G-20 highly anticipated meeting.
Expectations are being managed for Trump and Xi Jinping to agree to delay the additional tariffs and for detailed talks to resume. This positive news would be sufficient to keep investors happy, for the moment at least.
Markets have already priced in a positive outcome for this meeting – so, no disappointing please.
These are the main markets I follow and trade, updated on a daily basis.