8@eight: Negative start in store for ASX
Equity markets have seen limited moves, with small selling in European indices (the DAX fell 0.8%). In the US, the S&P 500 may have traded somewhat lower and into 2736, but the buyers have defended the 5-day moving average at 2738, however, with an hour to go the index is lower by 0.2% and eyeing its first negative close of the year.