Yesterday – notes Greg Secker – the FTSE 100 closed up 2 points at 4,280 which is indicating a little uncertainty in the markets following the break through 4,300 and the 50ema in recent days. The mining sector is weighted heavily in the FTSE 100 so watch this sector with interest. The Dow Jones went up by 58.42 points yesterday (0.7%), to 8,555.60, the biggest 1-day gain in the last two weeks. The S&P 500 rose 7.66 points (0.8%), to 918.37, and the Nasdaq fell slightly by 0.34 (<0.1%) to 1,807.72. Note that today brings extra volatility as it is the quarterly “quadruple witching,†which marks the simultaneous expiration of a number of different options contracts. Forex news: A rather calm Friday awaits traders, as no American indicators are published today. Still, Canadian Retail Sales appears today at 1:30pm as the only high news for the day.
