US stocks experienced a mixed but disappointing session to kick off the week after promising so much on the futures market during our day session, the Mini S&P500 closed 1% below where it was at 4pm AEST hence the opening forecast by the SPI futures this morning. The Dow and ASX200 are looking very similar which is no surprise considering their composition, eventually we are looking for the Dow to pop over 36,000 as it continues to take 3 steps forward and 2 back.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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