Market news
26.04.2016, 13:41

WSE: After start on Wall Street

Preliminary March orders for durable goods in the US were worse than expected, and no rebound took place after a weak February. The 0.2% contraction was admittedly lower that in the previous month, but still a departure from the expectation was 0.5% growth.

The statistical data have cast negative impact on the stock market and caused weakening of the USD.

Before the start of Wall Street, futures on the S&P500 grew only marginally.

U.S. Stocks open: Dow +0.21%, Nasdaq +0.16%, S&P +0.22%

The Polish market, as well as the DAX remain at the lowest levels of the session, however, under similar circumstances it often happened so that a positive first phase of the session in the US was able to reverse the lackluster sentiment in Europe. In the absence of the latter, there is an immediate possibility that the WIG20 may test the level of 1,900 points.

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