The Euro Stoxx index moved to a new all-time high with the price moving above March high at 5563.90. The high price moved to a high of 5576 so far. The price is also moving away from a topside trend line at 5549.

EURO stoxx

While the Euro Stoxx is making new highs, the US stock indices are not doing well today.

  • Dow industrial average is down -60 points or -0.12% at 46341.
  • S&P index is down -20.52 points or -0.31% at 6668.
  • NASDAQ index is down -90 points or -0.40% at 22569.75.

There is a rotation as the markets react negatively to the government shutdown and also the weaker than expected data especially the ADP. ISM Manufacturing although marginally higher than expectations is still below the 50 level.

Source: Investing Live