The Trader 

Market Outlook: Stocks drift lower, Netflix earnings on tap, Hargreaves Lansdown, Bellway & more

Market Outlook: Stocks drift lower, Netflix earnings on tap, Hargreaves Lansdown, Bellway & more

European markets closed lower on Monday despite the firm open; the FTSE 100 ending –0.55 per cent at 5,886 and the DAX off –0.41 per cent at 12,855. The Euro Stoxx 50 declined 0.12 per cent to 3,241. All are treading their well-worn ranges. Wall Street had something of a drubbing after opening higher with a broad-based selloff leaving the S&P 500 and Nasdaq –1.6 per cent lower and close to the lows of the day at the close. The S&P 500 sits comfortably above the 50-day SMA at 3,400 but another down day could test this. Futures point mildly higher this morning. 

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now