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Friday, July 6, 2012

Markets Remain Steady Despite More European Woes

1# Markets Remain Steady Despite More European Woes.
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This morning, the S&P 500 Index e-mini futures are trading lower by 2.75 points to 1183.00 per contract. Believe it or not, the futures markets are holding up rather well considering all of the bad and negative news coming out of Europe this morning. The French CAC 40 is trading lower by 1.06 percent as French banks have been under some selling pressure. We shall see if things get better throughout the trading day. The German DAX has rebounded off of earlier lows and this is helping the European picture for the close of their trading session.
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