Friday, 23 June 2017

Markets flat amid opposing analyst views

Markets were mostly little-changed on Thursday.

In the US, the S&P 500 and Dow Jones Industrial Average both fell less than 0.1 percent but the Nasdaq Composite rose less than 0.1 percent.

Elsewhere, the STOXX Europe 600 was flat while the Nikkei 225 fell 0.1 percent.

The flattish market performances come as analysts appear divided on the direction of stocks.

Canaccord Genuity chief market strategist Tony Dwyer told CNBC on Wednesday that the stock market is a “terrific buy”.

This comes just two days after Gluskin Sheff chief economist and strategist David Rosenberg said on CNBC that the booming stock market is in “denial”.

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