Spreadex Market Update
US futures are pointing towards a slightly negative open
US futures are pointing towards a slightly negative open this afternoon, pulling back slightly from record high levels. Despite the dip in the futures, the Dow Jones is still trading above the key 17000 level, the first time the index has traded at this level after strong job data from the US drove index higher on Thursday. There is a thin economic calendar today and therefore little catalyst for movements, however investors will be looking towards a number of key companies reporting in the US next week.
Over in the EU, all major bourses are trading lower with the German Dax and FTSE 100 down 45 and 25 points respectively.
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