{"id":116777,"date":"2017-11-20T06:58:20","date_gmt":"2017-11-20T11:58:20","guid":{"rendered":"http:\/\/countingpips.com\/?p=116777"},"modified":"2018-06-01T15:49:10","modified_gmt":"2018-06-01T15:49:10","slug":"us-stocks-retreat-on-renewed-political-uncertainty","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/11\/us-stocks-retreat-on-renewed-political-uncertainty\/","title":{"rendered":"US stocks retreat on renewed political uncertainty"},"content":{"rendered":"
November 20, 2017<\/div>
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By IFCMarkets<\/a><\/p>\n

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SP 500 logs weekly loss<\/h2>\n<\/div>\n<\/div>\n

US major stock indices<\/b>\u00a0ended lower on Friday on report US special counsel Mueller\u2019s team had issued a subpoena to Trump\u2019s campaign in mid-October. The dollar weakened on renewed political uncertainty: 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 0.3% to 93.67.S&P 500<\/a>\u00a0slipped 0.3% to 2578.85. The US broad market index lost 0.2% for the week.\u00a0Dow Jones\u00a0<\/em>industrial average lost 0.2% to 23358.24. The\u00a0Nasdaq\u00a0<\/em>composite meanwhile edged down 0.2% to 6782.79.<\/p>\n

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European stock indices pull back<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>pulled back on Friday. Both the\u00a0euro\u00a0<\/em>and\u00a0British Pound\u00a0<\/em>advanced against the dollar. The Stoxx Europe 600 index ended the session down 0.3%. The\u00a0DAX 30\u00a0<\/em>fell 0.4% to 12993.73. France\u2019s\u00a0CAC 40\u00a0<\/em>lost 0.3% and UK\u2019s\u00a0FTSE 100\u00a0<\/a>slipped 0.1% to 7380.68. Indices opened lower today.<\/p>\n

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

Asian stock indices<\/b>\u00a0are mixed today as no Germany coalition government was formed triggering a euro slide.\u00a0Nikkei<\/em>ended 0.6% lower at 22257.00 as yen extended losses against the dollar. Chinese stocks are up in a choppy trade as investors assess new government rules for oversight of asset management products: the\u00a0Shanghai Composite Index\u00a0<\/em>is up 0.3% and Hong Kong\u2019s\u00a0Hang Seng\u00a0<\/em>Index is 0.1% higher. Australia\u2019s All Ordinaries Index is down 0.2% despite continued decline in Australian dollar against the greenback on a report Australian interest rates could remain at record lows for another year according to the International Monetary Fund.<\/p>\n

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

Oil futures prices\u00a0<\/b>are lower today as traders are cautious to take big positions ahead of OPEC and other major crude oil producers November 30 meeting. Prices jumped Friday: January Brent rallied 2.2% to $62.72 a barrel on Friday, still closing 1.3% lower for the week.<\/p>\n

\"BRENT\"<\/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 SP 500 logs weekly loss US major stock indices\u00a0ended lower on Friday on report US special counsel Mueller\u2019s team had issued a subpoena to Trump\u2019s campaign in mid-October. The dollar weakened on renewed political uncertainty: the\u00a0live dollar index\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket […]<\/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-116777","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/116777","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=116777"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/116777\/revisions"}],"predecessor-version":[{"id":116793,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/116777\/revisions\/116793"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=116777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=116777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=116777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}