Stock Markets

Stock markets update Wednesday 10th. July 2019

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

I trade these on a regular basis

FTSE 100 – closed at: 7530

DAX – closed at: 12373

DOW – closed at: 26860

S&P 500 – closed at: 2993

NASDAQ – closed at: 8202

NIKKEI – closed at: 21533

GOLD – closed at: $1,419

A U.S. July interest rate cut became much more likely Wednesday after the Fed addresses congress with concerns of potential economic headwinds. Markets buoyed by rate cut possibility.

The main U.S. indices reacted in intraday trading pushing the S&P 500 above 3000. The Fed appears to signal an interest rate cut is now more likely.

Trade war truce and latest talks – more information due soon

Investors await more tariff trade war news updates after China and U.S. announced a truce at the G20. This has introduced weakness on U.S. stock markets and has further infected European stocks. Although, reports surfaced on Tuesday 9th July 2019 of a communication between U.S. and China – but no further detail has been released.

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