Today, US stock indices are bullish. Investors are waiting for September’s ISM Manufacturing) PMI report. Traders hope for positive stats, which may suggest economic recovery. This is not the only major economic report scheduled for the week. The results of the stress testing of 14 Spanish banks and the reaction of Moody’s also give extra stimuli for growth.
· S&P 500: +0,370% up to 1439,50
· Dow Jones Industrial Average: +0,427% up to 13412
· Nasdaq-100: + 0,510% up to 2806,25
IATA has improved its forecast for 2012. Therefore, the stocks of European air companies are strengthening.
The chart below, courtesy of , reflects the current state of affairs in the market of S&P 500:
