FTSE 100 joined by DAX 40 in setting new record high while S&P 500 also rallies

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FTSE 100 joined by DAX 40 in setting new record high while S&P 500 also rallies
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​​Outlook on FTSE 100, DAX and S&P 500 as UK exits recession.

​The DAX 40 has so far seen six consecutive days of gains which have taken it to a new record high on Friday morning with the 19,000 region being targeted.

​The S&P 500’s 4% rally from its early May low has taken it above the 5,200 mark, close to the 10 April high at 5,234. Above it lies the April record high at 5,274.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.

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