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Big Market mover of the day: SHCOMP down 2.4% on concerns over China’s stimulus program
Asia: SHCOMP -2.4%
Europe: DAX -0.25%, FTSE -0.50%, CAC -0.33% EUROSTOXX -0.21%
US: DJIA -0.51%, S&P 500 -0.04%, NASDAQ +0.21%, RUSSELL 2000 -0.79% VIX, +0.84%
Energy: OIL -0.23%, BRENT -0.32%, NAT GAS -0.64%
Aside from the NASDAQ US down again today. The big mover on the day was the Shanghai Composite Index down 2.4% on China stimulus concerns. European indexes closing red across the board with failing merger talks between Deutsche Bank and Commerzbank taking the brunt of the blame. Energy red across the board with OIL down 23 basis points, Brent down 32 basis points, and Natural Gas down 64 basis points.
Ford big mover on the day jumping 8% on strong 1st quarter earnings. The US corporate earnings of interest tomorrow include Chevron (CVX), Exxon Mobil (XOM), and Colgate-Palmolive (CL). The Economic calendar is highlighted by the US GDP data due at 12:30 GMT.
Daily Market News 4.25.2019 Video