London Pre-Open: S&P 500 and Nasdaq 100 Close Higher Friday; EUR/USD Flat
Wall Street ended Friday's session in positive territory, with the S&P 500 gaining 0.59% to 7,811.54 and the Nasdaq 100 rising 0.51% to 30,883.15. EUR/USD stands flat at 1.1207 ahead of the London open.
- 01S&P 500 closed Friday at 7,811.54, up 46.18 points or 0.59% from the previous close of 7,765.36.
- 02Nasdaq 100 ended Friday at 30,883.15, a gain of 157.34 points or 0.51% from 30,725.81.
- 03EUR/USD is flat at 1.1207 as of 07:00 UTC, little changed from the previous close of 1.1206.
- 04Italian Stock Exchange session opens at 09:00 Europe/Rome today.
Wall Street closed Friday's session higher, with the S&P 500 advancing 0.59% to 7,811.54 and the Nasdaq 100 gaining 0.51% to 30,883.15. EUR/USD stands flat at 1.1207 as of 07:00 UTC, essentially unchanged from its previous close of 1.1206.
What happened
The S&P 500 rose 46.18 points on Friday, closing at 7,811.54 against a previous close of 7,765.36. The Nasdaq 100 added 157.34 points to finish at 30,883.15, up from 30,725.81 at the prior close. Both indices recorded their gains as of 16:00 New York time on Friday, October 9.
In foreign exchange, EUR/USD is little changed at 1.1207 as of 07:00 UTC this morning, compared with a previous close of 1.1206.
Why it matters
Friday's advance in US equities leaves the S&P 500 and Nasdaq 100 at elevated levels heading into the new week. The near-flat EUR/USD reading suggests limited currency movement in early Monday trade, with the pair holding close to the 1.1206 prior close.
What to watch next
The Italian Stock Exchange opens its regular session at 09:00 Europe/Rome today, Monday October 12.
Sources:UCapital Markets (ucapital.com)
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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