Friday Morning Cheat Sheet: 3 Stories Moving Markets
Markets were mixed in Asia on Friday. Japan’s Nikkei fell 0.53 percent to 13,388.90 and the yen remained relatively flat at 98.255 against the dollar following a battery of economic indicators out of the country that were mixed, but not necessarily bad. In Hong Kong, the Hang Seng edged up 0.12 percent to 21,731.40, and in Shanghai the composite index eked out a gain of 0.06 percent to 2,098.38. In Australia, the S&P/ASX 200 climbed 0.84 percent to 5,134.96.
European equity markets declined in mid-day trading, despite the European Commission’s Economic Sentiment Indicator climbing to a two-year high for August. Germany’s DAX was off 0.6 percent, London’s FTSE 100 was off 0.43 percent, and the STOXX 50 index was off 0.68 percent.
U.S. futures at 8:45 a.m.: DJIA: -0.01%, S&P 500: +0.06%, NASDAQ: +0.11%.
Here are three stories to keep an eye on: