Saturday 3 March 2018

Markets mixed as US stocks rebound

Markets were mixed on Friday.

The Nikkei 225 dived 2.5 percent and the STOXX Europe 600 plunged 2.1 percent.

However, the S&P 500 rose 0.5 percent, erasing an early decline.

“While trade and inflation are big concerns, there are also a lot of good things on the market’s mind,” said Matt Forester, chief investment officer of BNY Mellon’s Lockwood Advisors. “We’ve been seeing a lot of good data and we’re also getting very attractive earnings growth.”

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