Stocks and Shares

Stock market update Monday 29th July 2019

Closing positions of: FTSE 100, S&P 500, DOW, DAX, NASDAQ, NIKKEI & GOLD

I trade these indices on a regular basis

FTSE 100 – closed at: 7687 (up) – big climb today, Sterling slumps. Brexit no-deal rhetoric causes Sterling to fall.

DAX – closed at: 12417 (down)

DOW – closed at: 27241 (up).

S&P 500 – closed at: 3021 (down)

NASDAQ – closed at: 8297 (down)

NIKKEI – closed at: 21616 (down)

GOLD – closed at around: $1,426

UK – FTSE 100 jumped 137pts today, up 1.8% as a weak pound continues to bolster earnings of the exporter-heavy FTSE 100 index. The FTSE 100 up more than 1.8% – 137 points – around 7,686.61.

Trump reportedly wants the Fed to cut interest rates by at least 0.50% – 0.25% as now widely expected.

U.S. delegation head to China to resume trade talks.

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