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25 Feb 2013
US markets trading mixed on Italian elections
US stocks are trading mixed on Monday, as jitters from the Italian parliamentary elections are spreading over the global markets. The good performance of former PM Silvio Berlusconi would be playing against market ambitions and thus depressing sentiment. The US dollar has trimmed initial losses, gaining ground as uncertainty over Italy swells.
At the moment, the DowJones is losing 0.25%, followed by the S&P500 down 0.32% while the Nasdaq is up 0.01%.
Markets in Euroland closed with gains, led by the German DAX, 1.45%, seconded by the IBEX35, 0.80% and the CAC40, 0.41%. The single currency is back to sub 1.3200 levels, as concerns over the final results from the Italian elections spooked investors, dragging the cross from levels above 1.3300
In the commodities space, the barrel of WTI is up 0.08% at $93.20 while the ounce troy of the precious metal is advancing firmly, hovering over $1590 or 0.99%.
At the moment, the DowJones is losing 0.25%, followed by the S&P500 down 0.32% while the Nasdaq is up 0.01%.
Markets in Euroland closed with gains, led by the German DAX, 1.45%, seconded by the IBEX35, 0.80% and the CAC40, 0.41%. The single currency is back to sub 1.3200 levels, as concerns over the final results from the Italian elections spooked investors, dragging the cross from levels above 1.3300
In the commodities space, the barrel of WTI is up 0.08% at $93.20 while the ounce troy of the precious metal is advancing firmly, hovering over $1590 or 0.99%.