Ger30, UK100 and SP500 are CFD’s, written over the Dax30, Footsie100 and S&P500 Index futures:
The main stock indexes should trade today under the influence of two opposite factors. The first, positive, is the good performance of US markets. The second is negative, and is related to the situation in Greece. Although almost no one was waiting for an agreement at the meeting of the Eurogroup on Friday, the point is that the few steps forward to bridge the gap between Greece and its European partners still appear insufficient. Interestingly, with the exception of the Greek Minister of Finance, several European leaders at the press conference following the meeting gave greater emphasis on differences rather than commonalities.
On Friday the US markets closed higher, with the technology sector driving the others. The S & P hit a new record high during the session before retreating slightly in the final stage of the day. The Nasdaq rally, which was last week the catalyst of the general increase in American indexes continued to be led by the leading names of the index. Microsoft and Amazon reacted positively to the results published on Thursday after the stock market close. Microsoft shares appreciated by 10.45% and Amazon 14.13%, boosting other technology titles. In the macroeconomic field, durable goods orders registered a considerable growth of 4%, beating estimates of only 0.60%. At the spotlight was the strong increase in demand in the automotive and aeronautical industries. Excluding transport orders, this indicator recorded a decrease of 0.20%.