{"id":129622,"date":"2018-07-06T05:59:16","date_gmt":"2018-07-06T09:59:16","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=129622"},"modified":"2018-07-06T05:41:11","modified_gmt":"2018-07-06T09:41:11","slug":"all-three-main-us-indices-post-solid-gains","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/07\/all-three-main-us-indices-post-solid-gains\/","title":{"rendered":"All three main US indices post solid gains"},"content":{"rendered":"
July 6, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Technology rally leads broad market advance<\/h2>\n<\/div>\n<\/div>\n

US stock indices\u00a0<\/b>ended solidly higher Thursday led by technology rally. The\u00a0S&P 500\u00a0<\/em>gained 0.9% to 2736.61.\u00a0Dow Jones<\/em>industrial average added 0.8% to 24356.74. The\u00a0Nasdaq\u00a0<\/a>composite rallied 1.1% to 7586.43. The dollar weakening accelerated: 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 94.374 and is lower currently. Stock index futures indicate lower openings today.<\/p>\n

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The Federal Reserve June meeting minutes revealed policy makers deemed in early June that negative risks from US trade policy “had intensified”. At the same time there was broad support among policy makers of continued “gradual” rate hikes: officials noted that the benchmark federal funds rate could be at or above its “neutral” level that neither boosts or dampens activity “sometime next year.”<\/p>\n<\/div>\n<\/div>\n

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

European stocks\u00a0<\/b>kept rising on Thursday led by automaker shares. The\u00a0euro\u00a0<\/em>turned higher against the dollar while theBritish Pound\u00a0<\/em>turned lower and both are up currently. The Stoxx Europe 600 index added 0.4%. Germany\u2019s\u00a0DAX 30\u00a0<\/a>jumped 1.2% to 12464.29. France\u2019s\u00a0CAC 40\u00a0<\/em>rose 0.9% and UK\u2019s\u00a0FTSE 100\u00a0<\/em>gained 0.4% to 7603.22. Indices opened 0.1% – 0.4% higer today.<\/p>\n

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Automaker shares rallied on reports President Donald Trump was prepared to suspend threats to impose tariffs on cars imported from the European Union if the bloc lifted duties on US cars. In economic news German factory orders rebounded in May, rising 4.4% over the same month a year ago after 0.1% decline in April when 1.7% growth was expected.<\/p>\n<\/div>\n<\/div>\n

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NIKKEI leads Asian indices rebound<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly higher today despite President Donald Trump\u2019s threat Thursday the US could soon impose tariffs on more than $500 billion in Chinese imports.\u00a0Nikkei\u00a0<\/em>ended 1.2% higher at 21,788.14 despite yen climb against the dollar. Chinese stocks are gaining notwithstanding US tariffs on $34 billion in Chinese imports that took effect as the deadline passed: the\u00a0Shanghai Composite Index\u00a0<\/em>is 0.5% higher and Hong Kong\u2019s\u00a0Hang Seng Index\u00a0<\/em>is up 0.5%. Australia\u2019s All Ordinaries Index is up 0.9% as Australian dollar accelerated gains against the greenback.<\/p>\n

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

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Brent\u00a0<\/a>drops on surprise US stocks increase<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices\u00a0<\/b>are extending losses today. Prices ended lower yesterday after a surprise buildup in US domestic crude inventories. The Energy Information Administration reported Thursday that crude stockpiles rose by 1.2 million barrels last week when a drop was expected. Brent for September settlement closed 1.1% lower at $77.39 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 Technology rally leads broad market advance US stock indices\u00a0ended solidly higher Thursday led by technology rally. The\u00a0S&P 500\u00a0gained 0.9% to 2736.61.\u00a0Dow Jonesindustrial average added 0.8% to 24356.74. The\u00a0Nasdaq\u00a0composite rallied 1.1% to 7586.43. The dollar weakening accelerated: the\u00a0live dollar index\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a […]<\/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-129622","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129622","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=129622"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129622\/revisions"}],"predecessor-version":[{"id":129624,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129622\/revisions\/129624"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=129622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=129622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=129622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}