Related Keywords: Equity Index
Global equity markets are under pressure this morning as they react to weak economic data from Spain, a slightly slower growth rate in the US and a better than expected US first-quarter earnings season. Shares in Hong Kong finished in positive territory, helped in part by better then expected corporate earnings from a number of large Chinese banks. Meanwhile, the European debt situation remains a source of concern throughout the global marketplace. US equity markets experienced slower than expected growth in the first quarter, but the major indices found support from better than expected corporate results. The focus of the US equity market turns to the economic calendar this week, highlighted by the April Non-Farm Payroll report on Friday morning.
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