S&P 500
Real-time World - 07/17 10:10:00 pm

initial decline 0.2%

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10/06/2016 | 03:27 pm
Opinion : Check out the trading range breakout 2155 / 2180 
While European markets are evolving slightly lower today, following some profit taking, the S&P500 should register 0.2% decline in early trade. He had closed up 0.43% at 2159 points yesterday, supported by oil prices at their highest since August.

As for statistics, the unemployment claims came out at 249K VS 255K expected. No other figure will be revealed today. The eyes should now focus on US employment with the monthly report tomorrow.

From a technical perspective, the S&P500 continues its horizontal consolidation movement within the ranks 2120/2180 points.
Sébastien Gatel
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