Dow is braced for starting at new record as ECB keeps rates intact

Dow is braced for starting at new record as ECB keeps rates intact

On Thursday, American equities stepped higher, thus helping the Dow Jones Industrial Average to reach another record. Futures for the key equity benchmarks held their revenues after the European Central Bank decided not to change its monetary policy, as anticipated, with Wall Street focusing generally on a wave of profits from several blue-chip companies.

Dow futures YMH8 acquired 0.3% hitting 26,354, S&P 500 futures ESH8 ascended 0.3% being worth 2,848.25. Additionally, Nasdaq-100 futures NQH8 tacked on 0.6% trading at 6,970.75.

On Wednesday, the Dow DJIA soared 0.2% getting to a record high, while the S&P 500SPX managed to conclude 0.1% lower, the Nasdaq Composite COMP dived 0.6%.

In 2018, the three equity indicators have managed to gain 6.1%-7.4%, contributing to the previous year’s sizable profits because market participants appreciate the expanding American economy as well as soar in corporate profits.


Asia-Pacific stocks are mixed

On Friday, Asia-Pacific stock indices were quite mixed amid cautious trading after US President Donald Trump dared to cancel the highly anticipated summit with North Korean leader Kim Jong-no and also accused North Korea of ​​showing great anger as well…


Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

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