FTSE set for a positive start on US market optimism
Source - SMW
The FTSE 100 is expected to start the trading week around 11 points higher, according to financial spread betting firms, primarily driven by positive progress on Wall Street.
In the US on Friday, the Dow rebuffed recent concerns and marked a new high by closing 223.92 points firmer at 26,616.71.
The S&P 500 added 33.62 points to end the week at 2,872.87 and the NASDAQ finished 94.61 points to the good at 7,505.77.
In Asia this morning, the Nikkei 225 was 16.48 points lower at 23,615.40 heading into the close.
The Hang Seng was down 143.68 points at 33,010.44 and the Shanghai Composite was 19.50 points lower at 3,538.63.
At 6:06am, WTI crude was 0.26% higher at $66.31 per barrel but Brent was down 0.16% at $70.41 per barrel.
Gold was 0.42% weaker at $1,351.50 per ounce and silver was off by 0.35% but copper was up 0.91%.
Trading statements: Petra Diamonds and Yu Group.
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