Dollar strengthening reverses
US stock market extended gains on Monday after President Trump and Chinese leader Xi Jinping agreed over the weekend to launch negotiations to settle trade disagreements while suspending application of any new tariffs for 90 day period. The S&P 500 rose 1.1% to...
Dollar strengthens as stocks advance
US stocks rebounded on Friday after US Trade representative Lighthizer’s comment he would be “very surprised” if the dinner between Trump and Xi at the Group of 20 “was not a success.” S&P 500 rose 0.8% to 2760.17, closing 4.9% higher for the week. Dow Jones...
Dollar falls as Powell says rates near neutral
US stock market rallied on Wednesday on dovish comments by Federal Reserve chair Powell. The S&P 500 surged 2.3% to 2743.82. The Dow Jones industrial average rose 2.5% to 25366.43. Nasdaq composite index rallied 3% to 7291.59. The dollar weakening...
Dollar strengthening accelerated despite soft housing data
US stock market recovery continued on Tuesday. The S&P 500 added 0.3% to 2628.20 led by healthcare and consumer staples shares. Dow Jones industrial average rose 0.4% to 24748.73. The Nasdaq ended 0.85 points higher at 7082.70. The...
Dollar strengthening slows
US stocks recovered on Monday on expectations of strong sales in the holiday season. The S&P 500 rose 1.6% to 2673.45. Dow Jones industrial gained 1.5% to 24640.24. The Nasdaq composite index rallied 2.1% to 7081.85. The dollar strengthening slowed: the live dollar...
Dollar weakness accelerates
US stocks will reopen today after Thanksgiving for a post-holiday shortened session. The New York Stock Exchange and the Nasdaq will close at 1 p.m. Eastern time today. Stocks closed mostly higher on Wednesday: theS&P 500 added 0.3% to 2649.93. The Dow Jones...
Dollar slips on soft durable goods data
US stocks retreat halted as technology shares recovered partly from previous session losses. The S&P 500 added 0.3% to 2649.93. The Dow Jones industrial average however slid less than a point to 24464.69. Nasdaq composite index rose 0.9% to 6972.25. Both...
Dow and SP500 end in negative territory for 2018
US stocks retreat continued on Tuesday. The S&P 500 fell 1.8% to 2641.9 with all 11 main sectors ending in the red. Dow Jones industrial average dropped 2.2% to 24465.64, led by 4.8% drop in Apple. The Nasdaq extended losses 1.7% to 6908.82. The...
Dollar weakening slows
US stocks sold off on Monday led by technology shares. The S&P 500 fell 1.7% to 2690.73. Dow Jones industrial lost 1.6% to 25017.44. The Nasdaq composite index dropped 3% to 7028.48 led by Apple down 4%. The dollar weakening slowed: the live dollar index data show the ICE...
Dollar weakens on global growth risks concerns
US stocks ended Friday session on a positive note after President Trump’s comment no more tariffs may be needed as China wants to make a trade deal with US. S&P 500 added 0.2% to 2736.27, closing 1.6% lower for the week. Dow Jones industrial...
Dollar strengthens on strong sales data
US equities rebounded on Thursday supported by news US has softened its stance in US-China trade dispute and positive data. The S&P 500 rose 1.1% to 2730.20. Dow Jones industrial average gained 0.8% to 25289.27. The Nasdaq composite rallied 1.7% to...
Fed seen holding steady after strong inflation data
US equities slide deepened on Wednesday as Apple approached bear territory. The S&P 500 lost 0.8% to 2701.58. The Dow Jones industrial average slid 0.8% to 25080.50. Nasdaq composite index fell 0.9% to 7136.39. The dollar weakening slowed...
Dollar weakens as budget deficit widens
US equities retreat continued on Tuesday while oil prices accelerated declines. The S&P 500 slipped 0.2% to 2722.18. Dow Jones industrial average lost 0.4% to 25286.49. The Nasdaq composite index however added 0.1 point to 7200.87. The dollar...
Dollar strengthens to year-and-half high
US equities sold off on Monday led by technology shares. The S&P 500 fell 2% to 2726.22. Dow Jones industrial lost 2.3% to 25387.18. The Nasdaq composite index dropped 2.8% to 7200.87 led by Apple down 5%. The dollar strengthening accelerated: the live...
SP500, Nasdaq slip while Dow inches up
US equities pulled back on Thursday as the Federal Reserve stood pat. The S&P 500 slid 0.3% to 2806.83. Dow Jones industrial average however managed to inch up 0.04% to 26191.22. The Nasdaq composite lost 0.5% to 7530.88. The dollar strengthening resumed...
Fed seen holding policy steady
US equities rallied on Wednesday while elections resulted in divided Congress as Democrats took control of the House and Republicans strengthened their control of the Senate. The S&P 500 rallied 2.1% to 2813. The Dow Jones industrial average gained 2.1% to 26180...
SP500, Dow rise while Nasdaq slips
US equities moved higher on Monday with focus turning to midterm congressional elections. The S&P 500 added 0.6% to 2738.31. Dow Jones industrial rose 0.8% to 25461.70. The Nasdaq composite index however lost 0.4% to 7328.85 led by Apple down another 2.8%. The...
Dollar rebounds on strong jobs report
US equities ended lower on Friday led by technology shares on weaker than expected Apple earnings outlook. S&P 500 lost 0.6% to 2723.06, closing 2.4% higher for the week. Dow Jones industrial average slid 0.4% to 25270.83. The Nasdaq fell 1% to 7356.99. The...
Trump tweets had “very good conversation with President Xi Jinping”
US equities advance continued on Thursday supported by President Trump’s upbeat tweet on trade talks with China. The S&P 500 rose 1.1% to 2740.37. Dow Jones industrial average gained 1.1% to 25380.74. The Nasdaq composite...
US three main indices end month lower
US equities extended gains on Wednesday supported by better than expected corporate reports and economic data. The S&P 500 gained 1.1% to 2711.68. The Dow Jones industrial average added 1% to 24583.42. Nasdaq composite index rallied 2% to 7305.90 led by...
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