Dollar strengthening halted
US stocks will reopen today after the Thanksgiving holiday Thursday. US exchanges will operate on a shortened schedule today: both the New York Stock Exchange and the Nasdaq will close at 1 p.m. Eastern. Wednesday all three main indexes notched fresh closing records: the S&P 500 gained 0.4% to 3153.63; Dow Jones industrial average advanced 0.2% to 28164.00; Nasdaq rose 0.7% to 8705.18. The dollar strengthening halted yesterday: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, slipped less than 0.1% to 98.31 and is lower currently. Futures on three main US stock indices indicate lower openings today.
DAX 30 loss leadеr among European indexes
European stock indexes pulled back on Thursday in thin trading with US markets closed for Thanksgiving. The EUR/USD turned higher and GBP/USD turned lower yesterday with both pairs higher currently. The Stoxx Europe 600 index ended 0.16% lower led by auto shares down 1% despite a report sentiment across the euro-zone rose to above-forecast 101.3 points in November from 100.8 in October. Germany’s DAX 30 lost 0.3% to 13245.58. France’s CAC 40 slipped 0.2% and UK’s FTSE 100 slid 0.2% to 7416.43.
Hang Seng leads Asian indexes losses
Asian stock indices are mostly lower today after weak industrial output data from Japan and South Korea. Nikkei extended losses 0.5% to 23293.91 with yen climb against dollar intact despite data showing factory output fell 4.2% in October, the biggest month-on-month drop since January 2018. Chinese stocks are falling: the Shanghai Composite Index is down 0.7% while Hong Kong’s Hang Seng Index is 2.1% lower. Australia’s All Ordinaries Index pulled back 0.3% as Australian dollar resumed rising against the greenback.
Brent up
Brent futures prices are edging higher today. Prices ended lower yesterday: January Brent crude lost 1.2% to $63.31 a barrel on Thursday.
US stocks will reopen today after the Thanksgiving holiday Thursday. US exchanges will operate on a shortened schedule today: both the New York Stock Exchange and the Nasdaq will close at 1 p.m. Eastern. Wednesday all three main indexes notched fresh closing records: the S&P 500 gained 0.4% to 3153.63; Dow Jones industrial average advanced 0.2% to 28164.00; Nasdaq rose 0.7% to 8705.18. The dollar strengthening halted yesterday: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, slipped less than 0.1% to 98.31 and is lower currently. Futures on three main US stock indices indicate lower openings today.
DAX 30 loss leadеr among European indexes
European stock indexes pulled back on Thursday in thin trading with US markets closed for Thanksgiving. The EUR/USD turned higher and GBP/USD turned lower yesterday with both pairs higher currently. The Stoxx Europe 600 index ended 0.16% lower led by auto shares down 1% despite a report sentiment across the euro-zone rose to above-forecast 101.3 points in November from 100.8 in October. Germany’s DAX 30 lost 0.3% to 13245.58. France’s CAC 40 slipped 0.2% and UK’s FTSE 100 slid 0.2% to 7416.43.
Hang Seng leads Asian indexes losses
Asian stock indices are mostly lower today after weak industrial output data from Japan and South Korea. Nikkei extended losses 0.5% to 23293.91 with yen climb against dollar intact despite data showing factory output fell 4.2% in October, the biggest month-on-month drop since January 2018. Chinese stocks are falling: the Shanghai Composite Index is down 0.7% while Hong Kong’s Hang Seng Index is 2.1% lower. Australia’s All Ordinaries Index pulled back 0.3% as Australian dollar resumed rising against the greenback.
Brent up
Brent futures prices are edging higher today. Prices ended lower yesterday: January Brent crude lost 1.2% to $63.31 a barrel on Thursday.