US Open. Market Overview for 26.09.2016

Pre-Market:

The S&P 500 trades down -0,41% pre market. The Dax trades down -1.63%. Largest loser being Deutsche Bank shares again at -5.70% and trading at all-time lows. Since Deutsche Bank has lost 89.57% since its all-time high of 103.14 on the 31st of December 2007. All 30 DAY stocks are in the red today. The Stoxx 50 index loses 1.55%, whilst financial stocks also losing the most on European exchanges. This morning´s IFO came in far higher than expectations, the DAX could not profit from these strong numbers. The USD weakens against the Euro and Yen. Gold trades unchanged and WTI Oil is up 1.33%. We expect a lower open to Wall Street.

S&P 500

The S&P 500 is in a sideways trend. Resistance is at 2200 and support at 2115.



 

The Nasdaq 100

The Nasdaq 100 is in an upward trend.




RoboForex Analytical Department