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Arq - The Hyper Intelligent Investment Engine By Angel Broking

Market Outlook - 09th Jun 2016

Published on Jun 09th 2016


Indian Markets are expected to open in green tracking SGX Nifty Global Markets. U.S. stocks closed higher Wednesday with materials and industrial stocks leading as the Dow and SP neared their 52week intraday highs touched last summer. Dow Jones industrial average closed above the psychological mark of 18000 level for the first time since April 27. United Health contributed the most to gains. Both indexes posted their thirdstraight day of gains. U.K. stocks advanced for a fourth session Wednesday aided by gains for miners and supermarkets while rising oil prices lifted energy shares. FTSE 100 closed up 0.3% at 6301.5 having darted between small gains and losses throughout the session. Shares of energy majors were higher as Brent crude prices trading in London was above 52 a barrel. BP PLC climbed 0.9% and Royal Dutch Shell PLC bounced 2.5% higher. Mining shares pushed higher Wednesday after data showed declines in Chinese imports and exports in May weren’t as st

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