Dollar strengthening intact
US stock market rebounded on Monday as positive data buoyed investors optimism undermined by worries about the impact of coronavirus infection in China. The S&P 500 gained 0.7% to 3248.92. Dow Jones industrial added 0.5% to 28399.80. The Nasdaq rose 1.3% to...
Dollar strengthening accelerated
US stocks resumed advancing on Friday despite the Federal Communications Commission vote to label Chinese telecom giants Huawei and ZTE as a national security risk. The S&P 500 advanced 0.2% to 3110.29, booking 0.3% weekly loss. Dow Jones industrial rose 0.4%...
Dollar strengthening accelerated
US stocks recorded third session of bearish trading on Thursday despite news Vice Premier Liu He invited his US counterparts for more talks in Beijing - the passage of Hong Kong human rights bill at both US Senate and House notwithstanding. The S&P 500 slid...
Dollar weakening halts
US stocks pulled back on Tuesday after weak earnings reports. The S&P 500 lost 0.4% to 2995.99. The Dow Jones industrial average slid 0.2% to 26788.10 as heavy losses from McDonald’s and Travelers on earnings misses outweighed United Technologies and Procter & Gamble...
SP500 slips while Dow gains after weak manufacturing data
US stock indexes ended mixed on Thursday after weak manufacturing data as longer term bond yields dipped below short term debt yields, spurring recession fears. The S&P 500 slipped 0.05% to 2922.95. The Dow Jones industrial average...
Dollar weakens on mixed housing data
US stock indexes rebounded on Friday as longer term bond yields held above short term debt yields, easing recession fears. The S&P 500 rose 1.4% to 2888.68, falling 1.0% for the week. Dow Jones industrial gained 1.2% to 25886.01. The Nasdaq rallied 1.7%...
SP500 falls despite strong data
US stock market snapped three session winning streak Friday despite positive data. The S&P 500 lost 0.6% to 2859.53, ending 0.8% lower for the week notwithstanding announcement US and Canada reached a deal to end tariffs on aluminum and steel products from...
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US stocks fall for second day
US stock market retreat deepened on Tuesday after US Trade Representative Lighthizer confirmation Monday that Washington will increase tariffs on $200 billion in Chinese goods early Friday following President Trump’s Sunday tweet. The S&P 500 lost 1.7% to 2884.05...
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Dollar weakens despite stronger than expected GDP data
US stock market rebounded on Friday boosted by stronger than expected GDP report. The S&P 500 rose 0.5% to record high 2939.88, ending 1.2% higher for the week. Dow Jones industrial advanced 0.3% to 26543.33. The Nasdaq gained 0.3% to fresh...
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Dollar falls on disappointing ADP report
US stock market extended gains on Wednesday as China’s Vice Premier Liu He was scheduled to meet with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. The S&P 500 gained 0.2% to 2873.40. The Dow Jones industrial average...
Dollar strengthens despite Q4 GDP downgrade
US stock market rebounded on Thursday as US and China resumed high level negotiations in Beijing. The S&P 500rose 0.4% to 2815.44. The Dow Jones industrial average advanced 0.4% to 25717.46. Nasdaq composite index added 0.3% to 7669.17. The dollar...
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Technical setup bullish for GB100
Slowing mortgage and sales data followed preceding report of better than forecast retail sales in February. Will the GB100 advance continue?
UK economic data have been mixed recently: retail sales growth in the UK was little changed in February, ticking to 4%...
Dollar gains on trade deficit narrowing
US stock market pulled back on Wednesday as bond yields continued falling while demand for safer government debt remained strong. The S&P 500 slid 0.5% to 2805.37. The Dow Jones industrial average slipped 0.1% to 25625.59. Nasdaq composite index fell 0.6%...
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Dollar weakening stalls despite soft data
US stock market resumed advancing on Tuesday led by energy and financial shares. The S&P 500 rose 0.7% to 2818.46. Dow Jones added 0.6% to 25657.73. The Nasdaq gained 0.7% to 7691.52. The dollar weakening stalled despite soft data indicating housing...
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Dow edges higher led by Boeing data
US stock market slide continued on Monday. The S&P 500 slipped 0.1% to 2798.36. Dow Jones industrial however managed to end 0.1% higher at 25516.83 thanks to Boeing 2.3% rebound. The Nasdaq composite slid 0.1% to 7637.54. The dollar weakened: the live dollar...
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Dollar strengthens on strong home sales data
US stock market ended sharply lower on Friday as the spread between three-month and 10-year yields turned negative. S&P 500 fell 1.9% to 2800.71, closing 0.8% lower for the week. Dow Jones industrial fell 1.8% to 25502.32. The Nasdaq dropped 2.5% to...
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Dollar strengthens as Philadelphia Fed index recovers
US stock market rebounded on Thursday led by technology. The S&P 500 rose 1.1% to 2854.88 led by 3.7% Apple surge on analysts’ upgrade. The Dow Jones industrial average advanced 0.8% to 25709.94. Nasdaq composite index rallied 1.4% to...
Stocks fall and dollar weakens after dovish Fed
US stock market continued retreating on Wednesday led by bank shares after dovish Fed decision. The S&P 500 slid 0.3% to 2824.23. The Dow Jones industrial average fell 0.6% to 25745.67. Nasdaq composite index however added 0.1% to 7728.97. The...
US stocks end mostly lower
US stock market ended marginally lower on Tuesday as investors risk appetite was undermined by reports China resists to US demands in trade negotiations. The S&P 500 slipped 0.01% to 2832.57. Dow Jones slid 0.1% to 25887.38. The Nasdaq however rose 0.1% to 7723.95...
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Dollar weakens after weaker than expected industrial data
US stock market resumed advancing on Friday. S&P 500 rose 0.5% to 2822.48, closing 2.9% higher for the week.Dow Jones industrial gained 0.5% to 25848.87. The Nasdaq added 0.8% to 7688.53. The dollar strengthening reversed on a weaker...
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