{"id":133528,"date":"2018-09-11T06:36:07","date_gmt":"2018-09-11T10:36:07","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=133528"},"modified":"2018-09-11T06:36:07","modified_gmt":"2018-09-11T10:36:07","slug":"sp-500-nasdaq-break-4-day-losing-streak","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/09\/sp-500-nasdaq-break-4-day-losing-streak\/","title":{"rendered":"SP 500, Nasdaq break 4-day losing streak"},"content":{"rendered":"
September 11, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Technology shares rebound<\/h2>\n<\/div>\n<\/div>\n

US stock market\u00a0<\/b>rebounded on Monday as technology sector halted its decline. The\u00a0S&P 500\u00a0<\/em>gained 0.2% to 2877.13 with eight of the 11 primary industry sectors finishing higher.\u00a0Dow Jones\u00a0<\/a>industrial though slipped 0.2% to 25857.07. TheNasdaq\u00a0<\/em>composite index rose 0.3% to 7924.16 after series of losses exacerbated after President Trump indicated US tariffs on imports from China will be widened. The dollar strengthening reversed:\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 95.11 and is lower currently. Futures on three main US stock indices indicate higher openings today.<\/p>\n

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Main European indices open higher<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>extended gains on Monday shrugging off the election results in Sweden where a euroskeptic party won parliament seats. The\u00a0GBP\/USD\u00a0<\/em>turned higher at EU negotiator Michel Barnier\u2019s estimate a Brexit deal could be agreed to within six to eight weeks. The\u00a0EUR\/USD\u00a0<\/a>reversed the slide as Italy\u2019s finance minister signaled willingness to abide by the European Union\u2019s budget deficit rules. Both pairs are moving higher currently. The Stoxx Europe 600 index gained 0.4%. TheDAX 30\u00a0<\/em>rose 0.2% to 11986.34 while France\u2019s\u00a0CAC 40\u00a0<\/em>climbed 0.3%. UK\u2019s\u00a0FTSE 100\u00a0<\/a>added less than 0.1% to 7279.30. Indices opened flat to 0.2% higher today<\/p>\n

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Asian indices remain subdued<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly lower today as trade war uncertainty persists.\u00a0Nikkei\u00a0<\/em>however jumped 1.3% to 22664.69 helped by accelerated yen slide against the dollar. Chinese stocks are lower as foreign ministry said China will respond to US tariff measures: the\u00a0Shanghai Composite Index\u00a0<\/em>is down 0.2% and Hong Kong\u2019s\u00a0Hang Seng\u00a0<\/em>Index is 0.5% lower. Australia\u2019s All Ordinaries Index turned 0.6% higher despite the continued Australian dollar rebound against the greenback.<\/p>\n

\"NIKKEI<\/p>\n

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Brent\u00a0<\/a>up<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices\u00a0<\/b>are gaining today on expectations of output shortage from Iran sanctions despite US urge to OPEC producers to increase output to make up for declining Iranian exports. Prices extended gains yesterday: November Brent crude settled 0.7% higher at $77.37 a barrel on Monday.<\/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 Technology shares rebound US stock market\u00a0rebounded on Monday as technology sector halted its decline. The\u00a0S&P 500\u00a0gained 0.2% to 2877.13 with eight of the 11 primary industry sectors finishing higher.\u00a0Dow Jones\u00a0industrial though slipped 0.2% to 25857.07. TheNasdaq\u00a0composite index rose 0.3% to 7924.16 after series of losses exacerbated after President Trump indicated US tariffs on […]<\/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-133528","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133528","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=133528"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133528\/revisions"}],"predecessor-version":[{"id":133530,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133528\/revisions\/133530"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=133528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=133528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=133528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}