Pavan Sharma

Global markets were little changed on Friday as a busy day on US and European markets amounted to little in the way of market moves. The US S&P 500 market index hit a more than five-month high on the back of gains in industrial stocks and energy companies

Stock is consolidating with a downward bias.

Global markets were higher overnight as shares on Wall Street gained led by marquee technology stocks hitting record highs and a rebound in industrials, as optimism of a strong earnings season offset fears about a US-China trade war.  

Consolidating in the current spot. Best to keep on watchlist for now

Global markets were lower overnight as shares on Wall Street snapped a four-day winning streak after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods put fears of an escalating trade war back in the spotlight.

Weekly 12 July 18

As we touched on yesterday, investors appear to have shrugged off trade war concerns for now and are looking ahead to US quarterly earnings season which kicks off at the end of the week