{"id":116312,"date":"2017-11-13T06:48:27","date_gmt":"2017-11-13T11:48:27","guid":{"rendered":"http:\/\/countingpips.com\/?p=116312"},"modified":"2018-06-01T15:53:25","modified_gmt":"2018-06-01T15:53:25","slug":"us-stocks-rally-pauses-on-tax-reform-uncertainty","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/11\/us-stocks-rally-pauses-on-tax-reform-uncertainty\/","title":{"rendered":"US stocks rally pauses on tax reform uncertainty"},"content":{"rendered":"
November 13, 2017<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dow, SP 500 slide while Nasdaq edges higher<\/h2>\n<\/div>\n<\/div>\n

US stocks<\/b>\u00a0ended lower on Friday on corporate tax cuts delay concerns. The dollar weakened further as consumer sentiment deteriorated in November: 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, slid 0.1% to 94.373.\u00a0S&P 500<\/a>\u00a0slipped 0.1% to 2582.28 led by health care shares down 0.7%. The US broad market index lost 0.2% for the week.\u00a0Dow Jones\u00a0<\/em>industrial average pulled back 0.2% to 23422.21. The\u00a0Nasdaq\u00a0<\/em>composite meanwhile edged up less than 0.1% to 6750.94.<\/p>\n

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European stock indices retreat<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>extended losses on Friday led by car maker shares. Both the\u00a0euro\u00a0<\/em>and\u00a0British Pound\u00a0<\/em>added to previous session gans against the dollar.The Stoxx Europe 600 index ended the session down 0.4%. The\u00a0DAX 30\u00a0<\/em>slipped 0.4% to 13127.47. France\u2019s\u00a0CAC 40\u00a0<\/em>lost 0.5% and UK\u2019s\u00a0FTSE 100\u00a0<\/a>fell 0.7% to 7432.99. Indices opened higher today.<\/p>\n

\"GB100\"<\/p>\n

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Asian indices mixed<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mixed today.\u00a0Nikkei\u00a0<\/em>ended 1.3% lower at 22380.99 as yen pared previous session losses against the dollar. Chinese stocks are higher: the\u00a0Shanghai Composite Index\u00a0<\/em>is up 0.5% and Hong Kong\u2019s\u00a0Hang Seng<\/em>Index is 0.4% higher. Australia\u2019s All Ordinaries Index is down 0.1% despite continued decline in Australian dollar against the greenback.<\/p>\n

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

Oil futures prices\u00a0<\/b>are lower today as rebalancing of global market supported by OPEC output cut agreement continues. Prices fell Friday on Baker Hughes report US oil rig count rose last week: January Brent fell 0.6% to $63.52 a barrel on Friday.<\/p>\n

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

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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 Dow, SP 500 slide while Nasdaq edges higher US stocks\u00a0ended lower on Friday on corporate tax cuts delay concerns. The dollar weakened further as consumer sentiment deteriorated in November: the\u00a0live dollar index\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, slid 0.1% […]<\/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-116312","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/116312","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=116312"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/116312\/revisions"}],"predecessor-version":[{"id":116326,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/116312\/revisions\/116326"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=116312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=116312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=116312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}