For better or worse, the economy of Russia is tied to its huge reserves of natural resources. But Russia also has some important technology stocks. Here are four you need to know.
Russia’s stock market started the week in the green on the back of Greek opinion polls indicating overwhelming support for the new Democratic Party that is in favor of Greece being responsible for its debt liabilities and remaining in the euro zone.
The world’s largest economy has now taken it on the chin in the last 9 out of 10 sessions with global and emerging market following. The old saying “sell and go away in May” seems to have been the right call for those that did just that. For the rest of us a healthy diet of risk off assets appears to be the name of the game.
U.S. futures point to a positive open on the back of the euro zone being green across the board with a ray of light penetrating the European cloud of uncertainty.
U.S. futures are pointing much lower in electronic trading this morning, as trader digest the fallout from JPMorgan’s $2 billion trading loss. The U.S. markets, along with India and other emerging markets, will be under pressure as they work through the slew of headlines over the weekend.