Spreadex Market Update
Futures are indicating that Wall Street is set to open flat
Heading into the US session, the futures are indicating that Wall Street is set to open flat after closing at a record high level once again on Friday. Trading just below the key 17,000 level, investors may continue pushing the bullish run towards this milestone level however some resistance should be expected as it gets closer. On Friday, the index was helped along by a better than expected payroll report in May which came in at 217k rather than the forecasted figure of 214k.
With a very thin economic calendar for the day, the direction of US markets may be catalyst for further movement around the globe.
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