LONDON -- The Dow Jones Industrial Average
Ongoing relief at the stabilization of the eurozone situation is likely to be tempered by the knowledge that underlying problems remain. However, the sense of respite being felt by the markets is clearly illustrated by CNN's Fear & Greed Index, which rose to 53 (neutral) on Friday, up from 34 (fear) on Thursday.
New domestic economic data due out today includes the latest ISM manufacturing index, which analysts expect to have fallen from 53.5% in May to around 52% in June.
Companies that may feature in trading include Lincare Holdings
European markets have been broadly stable this morning, with the main French and German indiexs ending the morning around 1% higher, despite poor economic news. New data this morning showed that unemployment in the eurozone rose to 11.1% in May, compared with 11% in April, while manufacturing output continued to contract. Hardest hit were Italy and Spain: In Italy, youth unemployment has now risen to 36.2%, while Spain's June PMI was just 41.1, down from 42 in May.
In London, the FTSE 100
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