{"id":135513,"date":"2018-10-15T06:29:36","date_gmt":"2018-10-15T10:29:36","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=135513"},"modified":"2018-10-15T06:29:36","modified_gmt":"2018-10-15T10:29:36","slug":"us-stocks-rebound-allays-global-selloff-fears","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/us-stocks-rebound-allays-global-selloff-fears\/","title":{"rendered":"US stocks rebound allays global selloff fears"},"content":{"rendered":"
October 15, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar strengthens on rising import prices<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> rebounded on Friday led by technology shares. S&P 500<\/a> ended 1.4% up at 2767.13, closing 4.1% lower for the week. Dow Jones <\/em> industrial average gained 1.2% to 25339.99. The Nasdaq <\/em> rallied 2.3% to 7496.89. The dollar strengthening resumed as import prices rose 0.5% in September: the live dollar index<\/a> data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, gained 0.3% to 95.249 but is lower currently. Futures on stock indices point to lower openings today.<\/p>\n

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European indices open mostly lower<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> extended losses on Friday. Both the EUR\/USD <\/em> and GBP\/USD<\/em> turned lower with GBP\/USD<\/em> lower currently while EUR\/USD <\/em> is rising. The Stoxx Europe 600 Index slid 0.2%, booking 4.6% loss for the week. The DAX 30 <\/em> fell 0.1% to 11523.81. France\u2019s CAC 40 <\/em> retreated 0.2% and UK\u2019s FTSE 100 <\/a> lost 0.2% to 6995.91. Markets opened lower 0.1% to flat today. German stock exchange open remains delayed, due to technical issues<\/p>\n

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

Asian stock indices<\/b> are falling today led by Japanese stocks after Friday\u2019s recovery. Nikkei <\/em> fell 1.9% to 22271.30 as yen turned higher against the dollar. Chinese stocks are solidly lower: the Shanghai Composite Index <\/em> is down 1.5% and Hong Kong\u2019s Hang Seng <\/em> Index 1.7% lower. Australia\u2019s All Ordinaries Index turned 1% lower as Australian dollar rose against the greenback.<\/p>\n

\"NIKKEI<\/p>\n

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Brent <\/a> higher<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are extending gains today on rising Saudi tensions after reports over the disappearance of a prominent Saudi journalist. Prices gained on Friday despite oil services firm Baker Hughes report the number of rigs drilling for oil in the US rose by 8 last week to 869, after three consecutive drops: Brent for December settlement rose 0.2% to close at $80.43 a barrel Friday, falling 4.4% for the week.<\/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 Dollar strengthens on rising import prices US stock market rebounded on Friday led by technology shares. S&P 500 ended 1.4% up at 2767.13, closing 4.1% lower for the week. Dow Jones industrial average gained 1.2% to 25339.99. The Nasdaq rallied 2.3% to 7496.89. The dollar strengthening resumed as import prices rose 0.5% in […]<\/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-135513","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135513","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=135513"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135513\/revisions"}],"predecessor-version":[{"id":135515,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135513\/revisions\/135515"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=135513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=135513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=135513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}