• WSE: After start on Wall Street

Market news

8 April 2016

WSE: After start on Wall Street

U.S. Stocks opened in the green: Dow +0.44%, Nasdaq +0.67%, S&P +00.48%

Mood swings on Wall Street had its continuation today, with one more session opening that seems to reverse the previous day's sentiment. The S&P500 already increased by 0.6 per cent. The reason for the bullish stance in the US, as well as on other markets, is strengthening of the oil market.

The mid-session decline of the Warsaw market did not break the support level of 1,900 points. The market, for the third time in two sessions, rebounded after having tested the level of 1,900, thus confirming that market participants consider it to be of particular importance. The current level of 1,915 points on the WIG20 is the status quo with respect to the developments of the past two sessions.

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