(MENAFN- ProactiveInvestors) London’s blue-chip stocks are expected to begin Thursday flat after mixed trading in Asia followed a positive US session.
On Wall Street last night there were yet more new record highs as a rally in tech stocks set a new high tide mark for the NASDAQ.
Notably gained almost 2% as the NASDAQ climbed 1.5% to 5106.
The S&P 500 also gained rising almost 1% to 2123 while the Dow Jones added around 0.7% to 18162.
In Asia a stronger US dollar (versus the Yen) helped Japanese stocks rise for a tenth straight session with the Nikkei up about 0.3% to 20528.
Hong Kong’s Hang Seng was lower however falling 1.8% to 27582 while the Shanghai Composite was down 1.9% to 4847.
Aussie stocks also stepped into negative territory with the ASX 200 down 0.13% to 5.717.
In the commodities market the gold price was up slightly rising a few dollars to US$1188 while the oil was lower again with Brent crude sliding almost 2% to US$62.50.
Equities in London are seen basically flat. Spreadbetting and CFD firm IG Markets sees the FTSE 100 down just 1 point at 7030 to 7035.
IG () itself is expected to among the handful of notable corporate news stories this morning as it is due to release a trading statement. Others include B&Q owner () and ().
Announcements expected:
Interims: Signet Jewelers ()
Finals: Inc () () Infinis () PayPoint () () ()
Trading statements: () ()
Economic: UK – Nationwide house prices BBA mortgage approvals. US – Weekly jobless claims Pending home sales.
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