{"id":129245,"date":"2018-06-29T06:19:09","date_gmt":"2018-06-29T10:19:09","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=129245"},"modified":"2018-06-29T06:19:09","modified_gmt":"2018-06-29T10:19:09","slug":"all-three-main-us-indices-rebound","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/06\/all-three-main-us-indices-rebound\/","title":{"rendered":"All three main US indices rebound"},"content":{"rendered":"
June 29, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Finance and technology rally despite GDP downgrade<\/h2>\n<\/div>\n<\/div>\n

US stocks\u00a0<\/b>recovered most of previous day loss on Thursday led by finance and technology rally. The\u00a0S&P 500\u00a0<\/em>gained 0.6% to 2716.31.\u00a0Dow Jones\u00a0<\/em>industrial average added 0.4% to 24216.05. The\u00a0Nasdaq\u00a0<\/a>composite rose 0.8% to 7503.68. The dollar strengthening slowed as Q1 GDP was downgraded to 2% from initial reading of 2.2%: 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, added less than 0.1% to 95.28 but is lower currently. Stock index futures point to higher openings today.<\/p>\n

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DAX leads European indices losses<\/h2>\n<\/div>\n<\/div>\n

European stock indices\u00a0<\/b>pulled back erasing previous session gains as the two-day European Union meeting in Brussels started Thursday. The\u00a0euro\u00a0<\/em>turned higher against the dollar while the\u00a0British Pound\u00a0<\/em>continued the slide and both are up currently. The Stoxx Europe 600 index fell 0.8%. Germany\u2019s\u00a0DAX 30\u00a0<\/a>dropped 1.4% to 12177.23. France\u2019s\u00a0CAC 40\u00a0<\/em>lost 1% and UK\u2019s\u00a0FTSE 100\u00a0<\/em>slipped 0.1% to 7615.63.<\/p>\n

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Chinese stocks lead Asian indices recovery<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly higher today after China eased foreign investment limits.\u00a0Nikkei\u00a0<\/em>ended 0.1% higher at 22304.51 helped by yen continued climb against the dollar. Chinese stocks are rallying: the\u00a0Shanghai Composite Index\u00a0<\/em>is 2.2% higher and Hong Kong\u2019s\u00a0Hang Seng Index\u00a0<\/em>is up 1.6%. However Australia\u2019s All Ordinaries Index is down 0.3% as Australian dollar accelerated gains against the greenback.<\/p>\n

\"HK50\"<\/p>\n

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Brent\u00a0<\/a>climb persists<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices\u00a0<\/b>are rising today. Prices ended higher yesterday on supply concerns about US sanctions on Iranian oil and production issues at a Canadian oil sands facility: Brent for August settlement closed 0.3% higher at $77.85 a barrel on Thursday.<\/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 Finance and technology rally despite GDP downgrade US stocks\u00a0recovered most of previous day loss on Thursday led by finance and technology rally. The\u00a0S&P 500\u00a0gained 0.6% to 2716.31.\u00a0Dow Jones\u00a0industrial average added 0.4% to 24216.05. The\u00a0Nasdaq\u00a0composite rose 0.8% to 7503.68. The dollar strengthening slowed as Q1 GDP was downgraded to 2% from initial reading of […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-129245","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129245","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=129245"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129245\/revisions"}],"predecessor-version":[{"id":129252,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129245\/revisions\/129252"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=129245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=129245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=129245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}