{"id":122251,"date":"2018-02-26T06:45:07","date_gmt":"2018-02-26T11:45:07","guid":{"rendered":"http:\/\/countingpips.com\/?p=122251"},"modified":"2018-06-01T15:42:19","modified_gmt":"2018-06-01T15:42:19","slug":"us-equities-end-week-higher","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/02\/us-equities-end-week-higher\/","title":{"rendered":"US equities end week higher"},"content":{"rendered":"
February 26, 2018<\/div>
\r\n<\/div><\/div>

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

\n
\n

All three main US indices rally<\/h2>\n<\/div>\n<\/div>\n

US stock indices\u00a0<\/b>ended solidly higher on Friday after Federal Reserve semiannual report revealed no indication of four rate hikes this year instead of previously planned three.\u00a0S&P 500<\/a>\u00a0jumped 1.6% to 2747.\u00a0Dow Jones\u00a0<\/em>industrial average rose 1.4% to 25309.99. The US broad market index and Dow industrial gained 0.6% and 0.4% respectively for the week. The\u00a0Nasdaq\u00a0<\/em>composite rallied 1.8% to 7337.39. The dollar resumed strengthening: 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, rose 0.2% to 89.91. Futures point to higher market openings today.<\/p>\n

\"SP500\"<\/p>\n

\n
<\/div>\n
\n

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

European stocks\u00a0<\/b>rebounded on Friday tracking advances on Wall Street. The\u00a0British Pound\u00a0<\/em>extended gains against the dollar while the\u00a0euro\u00a0<\/em>turned lower. The Stoxx Europe 600 index rose 0.2%, ending up 0.1% for the week. The\u00a0DAX 30<\/em>gained 0.2% to 12483.79. France\u2019s\u00a0CAC 40\u00a0<\/em>rose 0.2% while UK\u2019s\u00a0FTSE 100\u00a0<\/a>lost 0.1% to 7244.41. Indices opened 0.5%-0.7% higher today.<\/p>\n

\n
\n

Nikkei leads Asian indices higher<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are rising today on rising risk appetite after rebound on Wall Street Friday.\u00a0Nikkei\u00a0<\/em>extended gains 1.2% to 22160.5 despite yen turning higher against the dollar after Bank of Japan Governor Haruhiko Kuroda comment that there is no plan for another comprehensive review of the central bank\u2019s current plans and that it continues to target getting inflation to 2%. Chinese stocks are higher after China\u2019s Communist Party proposed the elimination of the constitutional cap on presidential terms: the\u00a0Shanghai Composite Index\u00a0<\/em>is up 1.3% and Hong Kong\u2019s\u00a0Hang Seng\u00a0<\/em>Index is 0.7% higher. Australia\u2019s All Ordinaries Index is up 0.7% despite Australian dollar\u2019s 0.6% advance against the greenback.<\/p>\n

\n
\n

Brent\u00a0<\/a>up on Saudi comment<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices\u00a0<\/b>are extending gains today supported by comments from Saudi Arabia that it would continue to limit exports in line with the OPEC effort to cut global supplies. Prices rose Friday building on previous day\u2019s gains as US crude stocks fell 1.616 million barrels last week. April Brent added 1.4% to $67.31 a barrel on Friday. It gained 3.8% in the week.<\/p>\n

\nMarket 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 All three main US indices rally US stock indices\u00a0ended solidly higher on Friday after Federal Reserve semiannual report revealed no indication of four rate hikes this year instead of previously planned three.\u00a0S&P 500\u00a0jumped 1.6% to 2747.\u00a0Dow Jones\u00a0industrial average rose 1.4% to 25309.99. The US broad market index and Dow industrial gained 0.6% and […]<\/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-122251","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/122251","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=122251"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/122251\/revisions"}],"predecessor-version":[{"id":122261,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/122251\/revisions\/122261"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=122251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=122251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=122251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}