US dollar bullish bets slipped in the past two weeks to $28.48 billion from $29.53 billion against the major currencies , according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to December 11 and released on Friday December 14. The dollar weakened as softer...
Dollar strengthens on strong data
US stock market extended losses on Friday amid concerns global growth risks are rising with no indication US and China trade dispute will be resolved soon. S&P 500 lost 1.9% to 2599.95, closing 1.2% lower for the week. Dow Jones industrial average fell 2% to...
Dollar weakens as inflation slows
US stock market ended higher on Wednesday supported by news China is prepared to allow foreign corporations greater access to the Chinese market. The S&P 500 added 0.5% to 2651.07. The Dow Jones industrial average rose 0.6% to 24527.27. Nasdaq composite index...
Dollar strengthening resumes
US stock market rebounded on Monday as positive data supported confidence in US economic health. The S&P 500 gained 0.2% to 2637.72. Dow Jones industrial added 0.1% to 24423.26. The Nasdaq composite index rose 0.7% to 7020.52. The dollar turned sharply higher as US...
Dollar weakens after jobs report
US stock market extended losses on Friday amid US-China trade prospects uncertainty. S&P 500 fell 2.3% to 2633.08, closing 4.8% lower for the week. Dow Jones industrial average lost 2.2% to 24388.95. The Nasdaqdropped 3.1% to 6969.25. The dollar weakening...
Dollar weakens on soft data
US stock market ended lower on Thursday paring earlier sharp losses as traders wondered what would be the impact of a Huawei executive arrest on US-China relations. The S&P 500 lost 0.2% to 2695.95. The Dow Jones industrial average slid 0.3% to 24947.67. Nasdaq...
Dollar strengthens as yield curve inverts
US stock market slumped on Tuesday wiping prior session gains spurred by US-China trade tensions easing after Trump-Xi meeting over the weekend. The S&P 500 dropped 3.2% to 2700.06 led by finance and industrial shares.Dow Jones industrial average...
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...
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