{"id":113881,"date":"2017-10-02T08:35:05","date_gmt":"2017-10-02T12:35:05","guid":{"rendered":"http:\/\/countingpips.com\/?p=113881"},"modified":"2017-10-02T07:15:52","modified_gmt":"2017-10-02T11:15:52","slug":"us-stocks-rise-posting-monthly-gains","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/10\/us-stocks-rise-posting-monthly-gains\/","title":{"rendered":"US stocks rise posting monthly gains"},"content":{"rendered":"
October 2, 2017<\/div>
\r\n<\/div><\/div>

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

\n
\n

SP 500 and Nasdaq end at record highs<\/h2>\n<\/div>\n<\/div>\n

US stocks<\/b>\u00a0closed at record high on Friday with three main indexes posting monthly gains. The dollar weakened: the\u00a0live dollar index<\/a>data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, inched down 0.1% to 93.048.\u00a0S&P 500<\/a>\u00a0rose 0.4% to all time high 2519.36.\u00a0Dow Jones\u00a0<\/em>industrial average finished 0.1% higher at 22405.09. The\u00a0Nasdaq<\/em>composite index outperformed jumping 0.7 % to record high 6495.96.<\/p>\n

\"SP<\/p>\n

\n
\n

European stocks advance led by bank shares<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>advanced on Friday on positive data. The\u00a0euro\u00a0<\/em>extended gains against the dollar while\u00a0British Pound\u00a0<\/em>slipped. The Stoxx Europe 600 index ended the session up 0.5% led by bank stocks. The\u00a0DAX 30\u00a0<\/em>jumped 1% to 12828.86 helped by job market report showing unemployment in Germany fell to a record low 5.6% in September. France\u2019s\u00a0CAC 40\u00a0<\/em>ended 0.7% higher despite unexpected 0.3% decline in consumer spending in August and UK\u2019s\u00a0FTSE 100\u00a0<\/a>rose 0.7% to 7372.76 while second quarter GDP was downgraded to 1.5% from 1.7%. Indices opened 0.1% – 0.3% higher today.<\/p>\n

\n
\n

Asian markets up on strong Chinese data<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are higher today on strong economic data from China.\u00a0Nikkei\u00a0<\/em>added 0.2% to 20400.78 today as dollar advanced against the yen supporting exporter stocks and \u201ctankan\u201d survey showed big domestic manufacturers sentiment reached a decade high. Chinese industrial activity survey indicated official manufacturing purchasing managers index increased to 52.4 in September its highest level since May 2012, from 51.7 in August. Markets in China are closed for a weeklong holiday, which will likely negatively affect trading in commodity markets. Australia\u2019s All Ordinaries Index is up 0.8% supported by a weaker Australian dollar against the greenback.<\/p>\n

\n
\n

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

Oil futures prices\u00a0<\/b>are falling today in light of a Reuters report of higher OPEC crude oil output in September. Oil output from the Organization of Petroleum Exporting Countries rose 50 thousand barrels per day last month, according to a Reuters survey. November Brent ended 0.2% higher at $57.54 a barrel on Friday, gaining 1.1% for the week.<\/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 end at record highs US stocks\u00a0closed at record high on Friday with three main indexes posting monthly gains. The dollar weakened: the\u00a0live dollar indexdata show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, inched down 0.1% to 93.048.\u00a0S&P 500\u00a0rose […]<\/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-113881","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113881","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=113881"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113881\/revisions"}],"predecessor-version":[{"id":113895,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113881\/revisions\/113895"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=113881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=113881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=113881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}