Thursday, 25 August 2016

Markets mixed, investors cautious

Markets were mixed on Wednesday.

The S&P 500 fell 0.5 percent but the STOXX Europe 600 rose 0.4 percent.

In Asia, the Hang Seng Index fell 0.8 percent but the Nikkei 225 rose 0.6 percent.

Commodities declined. US crude oil fell 2.8 percent.

“No one wants to be in the market, they don’t trust the market,” said Craig Hodges, chief executive of Dallas-based Hodges Capital Management, adding: “To me, we are in a bull market and no one realizes it.”

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