{"id":112623,"date":"2017-09-11T07:55:26","date_gmt":"2017-09-11T11:55:26","guid":{"rendered":"http:\/\/countingpips.com\/?p=112623"},"modified":"2017-09-11T07:29:40","modified_gmt":"2017-09-11T11:29:40","slug":"hurricane-irma-concerns-weigh-on-us-stocks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/09\/hurricane-irma-concerns-weigh-on-us-stocks\/","title":{"rendered":"Hurricane Irma concerns weigh on US stocks"},"content":{"rendered":"
September 11, 2017<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/p>\n

\n
\n

SP 500 and Nasdaq slip while Dow edges up<\/h2>\n<\/div>\n<\/div>\n

US stocks<\/b>\u00a0closed lower on Friday with concern about possible missile launch by North Korea on Saturday and damage from approaching Hurricane Irma weighed on market sentiment. The dollar weakened: the\u00a0live dollar index<\/a>\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, inched down 0.2% to 91.34.\u00a0S&P 500<\/a>\u00a0slipped 0.1% to 2461.43. However the\u00a0Dow Jones\u00a0<\/em>industrial average finished 0.1% higher at 21797.79. The\u00a0Nasdaq\u00a0<\/em>composite index fell 0.6 % closing at 6360.19.<\/p>\n

\"SP<\/p>\n

\n
\n

European stocks recover<\/h2>\n<\/div>\n<\/div>\n

European stock indices\u00a0<\/b>advanced on Friday with euro strength limiting the gains. The\u00a0euro\u00a0<\/em>and\u00a0British Pound\u00a0<\/em>extended gains against the dollar. The Stoxx Europe 600 index ended the choppy session up 0.2%. The\u00a0DAX 30\u00a0<\/em>rose 0.1% to 12303.98. France\u2019s\u00a0CAC 40\u00a0<\/em>ended marginally lower and UK\u2019s\u00a0FTSE 100\u00a0<\/a>lost 0.3% to 7377.60. Indices opened 0.3% – 0.7% higher today.<\/p>\n

\n
\n

Asian stocks recover as Korean tensions ease<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are higher today on relief North Korea refrained from test firing a missile as it celebrated country\u2019s founding on Saturday.\u00a0Nikkei\u00a0<\/em>rebounded 1.4% to 19508.25 today as dollar advanced against the yen supporting exporter stocks. The Chinese stocks are higher amid talks the central bank is considering easing regulations designed to support yuan: the\u00a0Shanghai Composite Index\u00a0<\/em>is up 0. 4%, and Hong Kong\u2019s\u00a0Hang Seng\u00a0<\/em>Index is 1.1% higher. Australia\u2019s All Ordinaries Index is up 0.7% supported by a weaker Australian dollar against the greenback.<\/p>\n

\n
\n

Oil higher<\/h2>\n<\/div>\n<\/div>\n

Oil futures prices\u00a0<\/b>are higher today. Prices fell on Friday on slow domestic refinery recovery after Hurricane Harvey. About 20% of the US refining capacity was offline in Hurricane Harvey aftermath. November Brent ended 1.3% lower at $53.78 a barrel on Friday.<\/p>\n

Market Analysis provided by IFCMarkets<\/a><\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets SP 500 and Nasdaq slip while Dow edges up US stocks\u00a0closed lower on Friday with concern about possible missile launch by North Korea on Saturday and damage from approaching Hurricane Irma weighed on market sentiment. The dollar weakened: the\u00a0live dollar index\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-112623","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=112623"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112623\/revisions"}],"predecessor-version":[{"id":112638,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112623\/revisions\/112638"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=112623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=112623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=112623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}