Wall Street

A Strong Start For Most Markets – But Italy Looks To Struggle Amid Political Turmoil

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ValueWalk

Sterling and euro see some recovery against the dollar.The NASDAQ Composite index jumped by 1.6%.S&P 500 index managed a 0.6% gain.Shanghai index fell 1.4%.Italy looks set for early elections, delaying much-needed reforms and next year’s budget.A Strong Start For Most MarketsSteve Clayton, Fund Manager at HL Select: “Markets look set for a positive start to the day, following strong gains on the tech-heavy NASDAQ market in the States overnight. The NASDAQ Composite index jumped by 1.6%, outpacing the broader-based S&P 500 index which only managed a 0.6% gain. Stock markets in Asia followed thr…

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