Market Wrap September 12

By Paul Nojin

The Super Investor

Saturday September 12, 2020

Global Equities … The US S&P 500 index [last 3340.9] fell 2.5% this past week [after falling 2.3% the week before] and is now 7.7% above the 200 day moving average [3100]. The Shanghai Composite Index fell 2.8% to 3260.3 this past week and is now 7.4% above the 200 day moving average [3035]. The UK FTSE, French CAC and German DAX all rose this past week [but not by much]. The DAX is above the 200 day moving average while the CAC and FTSE are still below.

Australian Equities … The ASX 200 [last 5859.4] fell 1.1% this week after falling 2.5% the week before.

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