Reversing their midday reversal, the European markets broadly nudged back into the green, while the Dow Jones was basically unwilling to budge after the bell.
Perhaps holding off until it can have a gander at Alphabet’s first quarter earnings later this evening, the Dow Jones did very little on Monday, adding just a handful of points. The index remains tantalisingly close to the all-time highs struck last October, with updates from Alphabet (NASDAQ:GOOGL) on Monday and Apple (NASDAQ:AAPL) on Tuesday as potential catalysts (or, indeed, obstacles) for a record peak-hitting rally.
Having wobbled around lunchtime, concerned about the election result in Spain, the Eurozone indices perked up as the day went on. The DAX was flat, allowing it to return above 12300, while the CAC pushed 0.3% higher; the IBEX 35, on the other hand, remained down 0.2%, though that is around a fifth of the losses seen this morning.
Boosted by its banking stocks, sterling’s latest stumble and a recovery from Shell (LON:RDSa) (but not BP (LON:BP), which was stuck with a 0.5% decline), the FTSE climbed 0.4%, just about crossing 7450 in the process. Monday was something of a gimme for the index; tomorrow is where the week really begins. It’ll wake up to a round of manufacturing data out of China, alongside updates from BP, Standard Chartered (LON:STAN) and Whitbread (LON:WTB).
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