Dow closes up despite Nasdaq fault; all eyes on US housing market data

<p>The Dow finished up 66 points yesterday, bringing an end to seven consecutive down days despite the Nasdaq experiencing technical difficulties that left investors around […]</p>

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The Dow finished up 66 points yesterday, bringing an end to seven consecutive down days despite the Nasdaq experiencing technical difficulties that left investors around the world unable to trade for three hours.

The Nikkei closed up 295 points overnight on the back of US markets rising.

We have just had German final GDP confirmed as 0.7% this morning and the DAX is trading flat at 8385.

The FTSE is currently trading down five points at 6385 as we await the second estimate GDP figures at 9.30am.

Croda International is the biggest riser, up 2.4% after Deutsche Bank upgraded the stock to buy.

GKN is the biggest faller but this is after three decent up days this week. The main data release today is the new home sales figure from the US at 3pm GMT.

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