Monday, 15 May 2017

15th May 2017- International Market Morning Update by Ripples Financial Advisory

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Last Week, S&P500 traded in a range of 23 points by making a high of 2403.65 and a low of 2381.45 and closed at 2390.90. With the disappointing retailer sales data on Thursday 11th May, the stocks gave correction but recovered mostly at the end of the week. Choppy trading has been seen in the US market at the end of the week. Currently, S&P is trading at 2390.90.

Meanwhile, the major European markets moved higher last week. The German Index Dax made a high of 12785 and closed at 12770. FTSE 100 made a high of 7435 and closed there. Currently, Dax is trading at 12809.

The Asian Markets traded in a mixed territory last week. The Morgan Stanley Emerging Market Index last week has given a rally of more than 2% and closed at 1002.37.

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