{"id":132076,"date":"2018-08-17T06:02:20","date_gmt":"2018-08-17T10:02:20","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=132076"},"modified":"2018-08-17T06:02:20","modified_gmt":"2018-08-17T10:02:20","slug":"all-three-main-us-indices-log-solid-gains","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/08\/all-three-main-us-indices-log-solid-gains\/","title":{"rendered":"All three main US indices log solid gains"},"content":{"rendered":"
August 17, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dow logs best gain in 4 months<\/h2>\n<\/div>\n<\/div>\n

US stock market\u00a0<\/b>ended higher Thursday erasing previous session losses led by telecommunications and consumer staples shares. The\u00a0S&P 500\u00a0<\/em>rose 0.8% to 2840.69 with all 11 sectors finishing in positive territory.\u00a0Dow Jones\u00a0<\/em>industrial average rallied 1.6% to 25558.73. The\u00a0Nasdaq\u00a0<\/a>composite gained 0.4% to 7806.52. The dollar strengthening stopped: 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, fell 0.1% to 96.565 and is lower currently. Stock index futures point to higher openings today.<\/p>\n

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The news China will send a delegation to the US later this month to resume trade talks, the first such meeting since July, boosted investor confidence bruised by Turkey crisis. Economic data were mixed: initial jobless claims fell more than expected last week, while the Philadelphia Fed manufacturing index sank to a 21-month low of 11.9 in August. At the same time construction of new houses increased by less than 1% in July, indicating the recent slowdown in building continues due to higher mortgage rates and growing shortages of skilled craftsmen.<\/p>\n<\/div>\n<\/div>\n

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DAX 30 opens higher than main European indices<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>ended solidly higher on Thursday. Both the\u00a0EUR\/USD<\/a>\u00a0and\u00a0GBP\/USD<\/em>\u00a0turned higher with both pairs higher currently. The Stoxx Europe 600 index added 0.5%. Germany\u2019s\u00a0DAX 30<\/em>\u00a0rose 0.6% to 12237.17. France\u2019s\u00a0CAC 40\u00a0<\/em>tacked 0.8% and UK\u2019s\u00a0FTSE 100\u00a0<\/em>gained 0.8% to 7556.38. Markets opened mixed today.<\/p>\n

\"EU50\"<\/p>\n

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

Asian stock indices<\/b>\u00a0are mostly rising today with trade tensions still in focus ahead of Chinese delegation US visit on August 21 led by Vice Minister of Commerce Wang Shouwen.\u00a0Nikkei\u00a0<\/em>ended 0.4% higher at 22270.38 despite yen\u2019s turn higher against the dollar. Chinese stocks are mixed: the\u00a0Shanghai Composite Index\u00a0<\/em>is 1.3% lower while Hong Kong\u2019s\u00a0Hang Seng Index\u00a0<\/em>is up 0.2%. Australia\u2019s All Ordinaries Index is up 0.2% while Australian dollar extended gains against the greenback.<\/p>\n

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Brent\u00a0<\/a>recovery continues<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices\u00a0<\/b>are edging higher today. Prices ended higher yesterday after slump on after data from the Energy Information Administration showed US crude inventories rose 6.8 million barrels. Brent for October settlement closed 1% higher at $71.43 a barrel on Thursday.<\/p>\n

\nMarket 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 logs best gain in 4 months US stock market\u00a0ended higher Thursday erasing previous session losses led by telecommunications and consumer staples shares. The\u00a0S&P 500\u00a0rose 0.8% to 2840.69 with all 11 sectors finishing in positive territory.\u00a0Dow Jones\u00a0industrial average rallied 1.6% to 25558.73. The\u00a0Nasdaq\u00a0composite gained 0.4% to 7806.52. The dollar strengthening stopped: the\u00a0live dollar […]<\/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-132076","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132076","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=132076"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132076\/revisions"}],"predecessor-version":[{"id":132080,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132076\/revisions\/132080"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=132076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=132076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=132076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}