European markets slipped into the red on Friday as investor appetite for assets considered risky remained firm, despite caution over trade and ahead of earnings season. Surrendering an earlier lead, the Stoxx Europe basically flat at the end of the session with gain of 0.09% to 348.27. The CAC 40 is down 0.51% at 4781.34 while London's FTSE 100 is off 0.36% at 6918.18 and Germany's DAX is lower by 0.31% at 10,887.46.
Wall Street ended flat, dipped slightly on Friday, breaking a five-session rally, as energy shares declined and investors looked ahead to earnings season. The Dow Jones Industrial Average closed down about 5.97 points lower, or less 0.02%, at 23,995.95, the S&P 500 index edged less 0.38 point or 0.01% to reach 2,596, while the Nasdaq Composite Index fell 14.59 points of 0.21% to close at 6.971.48.
Oil prices fell about 2 percent on Friday amid worries about a global economic slowdown, but futures ended the week higher, keeping some gains from a week-long rally spurred by U.S.-China trade hopes. U.S West Texas Intermediate Crude Oil futures ended Friday's session down $1, or 1.90%, at $51.59 a barrel. futures fell $1.20, or 1.92% , to $60.48 a barrelon ICE Futures Europe.
There could well be a silver lining in all the caution around the stock market as the earnings season approaches: Shares do way better when profit expectations have fallen, and lately, they’ve been falling like a rock. Let us hope all negative news is over.
Asian markets are lower today as Chinese and Hong Kong shares fall. The Shanghai Composite is off 0.61% while the Hang Seng is down 1.72%. The Kospi is down 0.61%. The ASX 200 is off 0.15%. The market in Japan is closed for a public holiday.
The SGX Nifty in Singapore is trading flat up 2.50 points or 0.02% or 10,819.50
Our Markets are likely to open flat on Monday following muted trend seen in other Asian/Global markets. Further, SGX Nifty Futures in Singapore, wich is an idicator of our markets is also tradig flat at this time.
Asia Pacific markets fall as investors react to China's trade data. The Hang Seng led the Shanghai Composite lower. They fell 1.38% and 0.71% respectively. The declined about 0.53%. The ASX200 reversed early gains to finish near flat with a loss of 0.02%. The market in Japan is closed for a public holiday.
European markets are lower on today morning, after a shock contraction in Chinese exports heightened fears of a slowdown in the world's second-largest economy. The pan-European Stoxx 600 ia down around 0.54%. The CAC 40 is down 0.54% while Germany's DAX is off 0.50% and London's FTSE 100 is lower by 0.44%.
U.S. stock futures drop as China trade data spark fresh global economic worries.Bqt 04.32 a.m Dow Jones Industrial Average futures slid 173 points, or 0.7%, to 23,777.00, while S&P 500 futures fell 19.00 points, or 0.73%, to 2,576.00. Nasdaq-100 futures dropped 557.75 points, or 0.87%, to 6,555.00.
U.S. stock futures drop as China trade data spark fresh global economic worries. At 04.32 a.m E.T Dow Jones Industrial Average futures slid 173 points, or 0.7%, to 23,777.00, while S&P 500 futures fell 19.00 points, or 0.73%, to 2,576.00. Nasdaq-100 futures dropped 557.75 points, or 0.87%, to 6,555.00.