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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 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...

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...

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...

Trump says US deal with China “has to be great” US equities rebounded on Tuesday after President Trump’s late Monday comment the US “will make a great deal with China and it has to be great, because they’ve drained our country.” The S&P 500 gained 1.6% to 2682.63. Dow Jones industrial average...

Dollar strengthens while inflation moderates US stock market remained in downturn mode on Monday on news US is ready to impose tariffs on China if trade talks fail. The S&P 500 slid 0.7% to 2641.25. Dow Jones industrial fell 1% to 24442.92. The Nasdaq composite index lost 1.6% to 7050.29. The...

Boosted By Banking Stocks, FTSE100 Index Pushes Higher After Holiday FTSE100 index reopened after closing for holiday on Monday, and left a wide gap up following two weeks of declines. Stocks from banking sector led gainers, with HSBC Holdings climbing 2.1%, Lloyd Banking Group PLCs adding...