Closing positions of: FTSE 100, DAX, DOW, S&P 500, NASDAQ, NIKKEI & GOLD
I trade these indices on a regular basis
FTSE 100 – closed at: 7198 (up)
DAX – closed at: 11650 (up)
DOW – closed at: 26007 (down)
S&P 500 – closed at: 2884 (up)
NASDAQ – closed at: 7863 (up)
NIKKEI – closed at: 20516 (down)
GOLD – closed at around: $1,501
Note
Big drop for Dow at open
Dow experiences heavy fall at open, down over 550 points at one point, but rebounds to recover much of the lost ground to close at: 26007 – down just 22pts.
And Trump tweets again
Trump tweets his unhappiness with the Federal Reserve. He wants a BIG interest rate cut as other central banks have been joining.
Are we facing a global slowdown? Central banks seem to think so. Or, is the fear greater than the actual? I’m struggling to read this market. It’s very jittery?
What next?
What market moving news is there still to come? Most company reporting is now pretty much out there. U.S. & UK employment is high. Wages are good. Central banks have done their thing. Trumps newest tariff tweets have rattled the markets.
Are we facing a global economic slowdown? What news is left to add to the jitters?