5MRD

Overseas Trading: Mining Stocks Lead Europe Higher

Global stocks are mostly in positive territory ahead of the U.S. jobs report

Mar 4, 2016 at 8:40 AM
facebook X logo linkedin


Asian stocks finished the week on a high note, following Wall Street higher ahead of the U.S. jobs report. Still, traders exercised caution ahead of China's National People's Congress (NPC) this weekend, and meetings of the European Central Bank (ECB) and Bank of Japan next week. China's Shanghai Composite finished the day up 0.5%, Japan's Nikkei added 0.3%, and Hong Kong's Hang Seng climbed 1.2%. South Korea's Kospi, however, dropped 0.1%.

Stocks in Europe are also higher at midday, led by a rally in mining names. At last check, London's FTSE 100 and France's CAC 40 have each added 1%, while the German DAX is up 1.1%.

160304OS

Sign up now for Schaeffer's Market Recap to get all the day's big stock movers, must-know technical  levels, and top economic stories straight to your inbox.

 

The $25K Day Trading Barrier is Gone

The long-standing Pattern Day Trader (PDT) rule that required many traders to maintain a $25,000 account balance is no longer standing in the way.

That means more traders can actively pursue short-term opportunities without the barrier that kept so many on the sidelines.

Now it's all about having the right strategy.

Dynamite Day Trading Signals helps you hit the ground running with up 2 options trade alerts per week, built to capture fast-moving opportunities.  

👉 Sign up now to receive the next trade

MR content page
 
 
 
 

Follow us on X, Follow us on Twitter