Global Markets tumbled this session. On average all major indexes signed a -1.40% variation. Another day off for Jakarta and Tokyo.
In general the majority of the Analysts for Global Major Indexes felt aNegative market sentiment for the short term with a preponderance of Strong Sell. The same analysis performed for the Medium Term and Long Term revealed respectively Strong Selland Strong Sell.
Let’s analyze in detail the major indexes for American, European and Asia & Pacific Markets.
US Major Indices closed with a dismal result with the majority of the indexes in red. On average in the market session of today, US Major Indices lost-16.99%points. Performing a comparison among the major marketplaces, the American Market Followed the European and Followed the Asia & Pacific market.
S&P 500 decreased its value by -3.70% being traded now at 4141.1points. S&P Performance so far is downbeat: its YTD value has dropped by -13.14%.
NASDAQ slipped in today session, being traded now at 12293.55 NASDAQ Performance this year has been mainly negative results: its today variation of -5.18% or -671.3 brings now the total YTD Performance to -21.41%
Dow Jones Industrial Average decreased its value by -3.28% or -1116.42, being traded now at 32944.64. Dow Jones Performance so far is downbeat: its YTD value has dropped by -9.33%.
NYSE Composite fell today by -0.0004 or -6 points. This led the index to be traded at 15609.3. Analyzing the past months till January we discover that its Year to Date performance has been dismal recording a variation of -0.0906.
Lastly, the Index for the Small Cap (Small Cap 2000) slipped in today’s session, its value is 1859. Today has decreased by -0.0479 or -93.53 points. Its performance this year registered a variation of-0.1721.
Remaining in the Americas, the Canadian S&P/TSX Index, in today’s session moved by -0.0245 or -520.07 points. It brings the Index to be traded at 20664.88. S&P/TSX Year to Date Yield is below zero recording a movement of -0.0262.
Moving to European Major Indices, the last session has shown a European Market dismal. The majority of the indexes are red. The sum during the last market session of the European Major Indices brings the total to lost: -356.36 points. On average European Markets Outperformed the American Market and Followed the Asian one.
The German Index DAX decreased its value by -0.0049 losing -68.3 points. The index is now traded at 13902.52. DAX results this year are downbeat since it dropped on a year to date scale around -0.1248. Volumes for today’s session were 86031673.
French CAC 40 decreased in today’s session to 6368.4 with a daily variation of -0.0043 or -27.28 points. Also CAC 40 performance this year has been downbeat since it dropped give or take -0.1097.
The Iberic Ibex35 from Spain, decreased, its value moved during the last session of -0.0077 or -65.8 points. YTD results for Ibex have shown a development of its value till -0.032.
Euro Stoxx 50, the index created in 1998 to regroup the Major Companies and now traded in several currencies (USD-JPY-EUR-GBP), today decreased its yield. The European Index Basket is now traded at 3696.63 points. The latest variation of -0.0076 or -28.36 points. This latest up and down adds to a downbeat trend registered from the beginning of the year. YTD is indeed -0.14.
Coming to Bel Paese (Italy), FTSE ALL SHARE followed the colleagues. During this session it decreased to 25948.9 with a variation of -176.44 points or -0.0068. Also for this index the YTD performance has seen a drop of -0.1334.
Last but not least for the European Team, we have the United Kingdom. The FTSE 100 indeed reported an Increment in today’s session and experienced a variation of its value by 0.0013 being traded now at 7503.27. The session registered a variation of 9.82 points. The future based on the past is optimistic with its Year-to-date value hike of 0.0161.
Asia and Pacific Major indices closed with a dismal result with the majority of the indexes in red. On average during the last market session, Asia & Pacific Indices lost around -68.29. In the usual comparison among the Major Indices, the Asian Market Outperformed the Americas and Outperformed the European Market.
Hang Seng decreased in today’s session to 20793.4. It changed around -0.0036 or -76.12 points. Its performance this year has been downbeat since it dropped around -0.1113.
The Indian Nifty 50 Incremented this session by 0.0003 and is now traded at 16682.65 with the last variation of 5.05 points. Nifty 50 performance this Year, analysts’ said is downbeat due to its drop of -0.0387.
All values and prices have to be intended at press time.”