Stock Market: What moves in the markets before Friday’s opening

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Economic data confirms the recovery scenario in the US as in China and lower rates: It took no more Friday morning to see European stock markets rise to new highs.


On Wall Street, around 7.15 AM, futures Standard & Poor’s 500 Earned 3 points to reach 4,165 points Dow Jones He took 39 points to 33,962 points, and those from Nasdaq It was stable at 14,015 points.

In Europe, the markets were higher in the middle of the session. in London , FTSE 100 Index 32 points rose to 7,013 points. In Paris , CAC 40 He took 28 points to 6249 points, and in Frankfurt he got Dax It increased from 147 points to 15,379 points.

In Asia, the index Nikki From the Tokyo Stock Exchange slightly up 0.14% ahead of the first face-to-face meeting between Joe Biden and the first Japanese minister, Yoshihide Suga, in Washington.

Chinese stock markets, after a mixed start to the session, also ended higher, Hong Kong Take 0.6% and Shanghai 0.8%, benefiting from Chinese GDP numbers for the first quarter of 2021.


The global economy is experiencing an unprecedented recovery. The stimulus measures and the acceleration of vaccine campaigns around the world are encouraging investors to direct a greater portion of their assets towards stocks, ”stresses Frederic Rollin, investment strategy advisor at Pictet AM.

Good results and strong indicators already enabled Dow Jones (+ 0.90%) and Standard & Poor’s 500 (+ 1.11%) to reach all-time highs on Thursday, instead Nasdaq It rose 1.31%.

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China saw its gross domestic product (GDP) rise 18.3% over the course of one year in the first quarter, a figure that must qualify, however, as activity was paralyzed last year by the epidemic.

But “nothing is more promising than seeing a healthy China for the average investor,” notes Epic Ozkardskaya, an analyst at Swiss Quote.

“The drop in US interest rates yesterday when the US published excellent statistics surprised investors,” notes Tangi Le Liboux, a strategic analyst at Aurel BGC.

“It appears that the latter, in the short term anyway, no longer wants to question the Fed scenario,” which constitutes “the ideal context for Wall Street, which could continue to break records,” he continues.

After the previous day’s sharp decline, the ten-year US borrowing rate held steady at 1.58% after dropping the previous day to 1.55%, its lowest level in more than a month.

As for the indicators, the second estimate of inflation for March is expected in the euro area in the morning before the start of new housing for the same month and consumer confidence in April in the US.

Bulletins of results continue on both sides of the Atlantic with the US bank Morgan Stanley Featured.

On the oil side

Around 7:30 a.m., a barrel was West Texas Intermediate The US dollar rose 0.08% to $ 63.51 a barrel Brent North Sea shares rose 0.13% to $ 67.03.

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