Friday, 5 May 2017

International Market Morning Update by Ripples Free Stock Tips Provider



Yesterday, S&P made a high of 2391 and closed at 2390 after making a low of 2380. Republicans’ proposal to repeal and replace Obamacare — passed the House in a close vote on Thursday afternoon. US stocks closed flat ahead of Job data. The choppy trading on Wall Street came as traders looked ahead to the release of the Labor Department's closely watched monthly jobs report on Friday. Employment is expected to increase by 180,000 jobs in April after rising by 98,000 jobs in March. The unemployment rate is expected to tick up to 4.6 percent from 4.5 percent.

The European Markets on Thursday closed high as the Investors reacted positively to the latest batch of corporate earnings reports. The numbers from HSBC, Adidas, and Royal Dutch Shell. Dax, the German Index closed at 12648, nearly 120 points from the previous day close.

The Morgan Stanley Emerging Market Index is trading at 980.07.

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