US Open. Market Overview for 22.11.2016



The S&P 500 rises 0.23% in pre-market trading. Insecurity about the Italian referendum abate. Instead, German Equities join the bull run in US stocks. The DAX gains 0.54%. Largest gaining stock is Thyssen Krupp, rising 2.71%. On the losing side, ProSiebenSat1 trades down 0.92%. The S&P500 rose to a new all-time high yesterday. Initially only the Dow Jones Blue Chips broke out, the tech index Nasdaq and the Russell 2000 joining in later, to reach new all-time highs. The up move in US stocks now covers all sectors. The USD is slightly firmer. Gold and WTI Oil weaken.

S&P 500

The S&P 500 has broken out to the upside and is in an upward trend

Nasdaq 100

The Nasdaq 100 is in a sideward trend

RoboForex Analytical Department

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.