Shares on Wall Street shrugged off a sluggish start and closed higher on Thursday, with the Nasdaq ending the session above 11,000 for the first time as investors hoped for a new fiscal stimulus package.
Asia shares were poised to open higher on Friday, tracking global equity markets’ overnight gains as investors awaited a U.S. nonfarm payrolls report. Hong Kong futures were up 0.23% and Nikkei futures were trading above the Nikkei 225 index’s previous close, pointing to an opening advance of 0.14%.
Trends on SGX Nifty indicate a flat opening for the index in India, NIFTY Aug future closed at 11199.5 with a discount of 1 points, while Sep futures were at a premium of 11 points towards close.
Technically, A Bullish ‘Golden Cross’ Seen On The Dow Jones Index.
7 AM GLOBAL UPDATE:
- DOW (+181, 27387)
- NASDAQ (+110, 11108)
- SGXNIFTY (-19, 11194)
- NIKKEI (-109, 22309)
- HANG SENG (-21, 24909)
- BOVESPA (+1324, 104126)
- OIL($42.16 a barrel)
- GOLD (+11, $2083)
- Silver(+0.23, 29.38)
