US markets closed lower on Friday with the S&P 500 Index trading just off its record high established on Thursday, while the Dow edged just above the 17 000 points level. Asian markets are trading higher this morning, with the Dow future up 0.44%. The Rand was trading slightly lower at R10.7030/$, with the gold price at $1277.30 an ounce. UK markets are closed today.
Key macro events:
- US: New home sales
US: Dallas Fed Manufacturing Survey