Strong earnings in tech sector, IBM APPLE, take centre stage after Obama says making progress in finding a solution on US debt. But, financial stocks in HS/SH remain under pressure.
EU +0.5%, DJ futs +20, positive but cautious till Obama says yes to debt plan, b4 Aug2 dateline.
Fbm.fkli on rebound tone, in 60-70 neutral range. Fkli may just consolidate around here this week b4 making fresh moves next week. Meantime, breakdw risk is higher till fbm regains 70 mark.
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