Major Indices in US markets end in green - ZENMoney

In US markets, Major indicies ended in gains as investors digested strong earnings reports from JPMorgan Chase and Wells Fargo but a lowered profit outlook from United Parcel Service. Weighing heavily on theDow index, Boeing shares fell after a Dreamliner operated by Ethiopian Airlines caught fire at Britain's Heathrow airport on Friday. The preliminary reading for July on the consumer sentiment index was 83.9, down from 84.1 in June and shy of forecasts for 85.

On the European front, the British benchmark indices closed on a mixed note with investors encouraged by Wall Street's rally to a record close after the Federal Reserve eased concerns about an early withdrawal of stimulus and ahead of next week's US and Euro Zone earnings. The merger and acquisition activity offset a selloff in Spanish utility companies.

Nikkei is closed on account of 'MARINE DAY'.

Source : Equity Bulls

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