Wall street took fright on Friday - early call for London is mixed
Mon, 10/07/2006 - 06:33
Wall street took fright on Friday as lower earnings forecast from 3M overshadowed a much lower than anticipated non farm payrolls number in the end the street finished down 134 points , Asia however has posted a positive session boosted in part ny more positive economic data from Japan .
This week sees the start of the US earnings season which may now take on extra significance given the sensitivity Wall street demonstrated on Friday.
London performed much better on Friday and even filled the gap at 5909.5 after the payrolls we did not stay above here for too long however-
We will remain positive about the market whilst above 5800-5805.
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