The Dow Jones didn’t do much as the afternoon session got underway, anxious ahead of a busy week that runs the gamut from Tuesday’s Q3 results from Apple (NASDAQ:AAPL) through Wednesday’s Fed meeting to Friday’s non-farm jobs report.
The US index opened flat at 25450, around 150 points shy of the 5 month intraday highs struck last Friday. There wasn’t really much to talk about, Monday the calm before a week that could well come to dictate the rest of the summer.
Over in Europe there was a bit more movement, though things did become a bit duller as the day went on. The CAC managed to reduce its losses to less than 15 points, lifting it back towards 5500; the DAX wasn’t as fortunate, remaining down by roughly half a percent. As for the FTSE, the UK index trimmed its decline to just 10 points, pushing it back in the 7700 ballpark.
Sterling, meanwhile, continued its mixed start to the week. Against the dollar it rose 0.3%, hitting $1.3145, only to slip 0.2% against the euro, with the single currency also taking half a percent off of the greenback.
Hopefully Tuesday will be a bit more exciting, with day’s Bank of Japan meeting potentially leading to an interesting open in Europe.
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