{"id":136632,"date":"2018-11-05T06:46:05","date_gmt":"2018-11-05T11:46:05","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=136632"},"modified":"2018-11-05T06:46:05","modified_gmt":"2018-11-05T11:46:05","slug":"stocks-slip-as-apple-falls-on-lower-outlook","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/11\/stocks-slip-as-apple-falls-on-lower-outlook\/","title":{"rendered":"Stocks slip as Apple falls on lower outlook"},"content":{"rendered":"
November 5, 2018<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/p>\n

\n
\n

Dollar rebounds on strong jobs report<\/h2>\n<\/div>\n<\/div>\n

US equities <\/b> ended lower on Friday led by technology shares on weaker than expected Apple earnings outlook. S&P 500<\/a> lost 0.6% to 2723.06, closing 2.4% higher for the week. Dow Jones <\/em> industrial average slid 0.4% to 25270.83. The Nasdaq <\/em> fell 1% to 7356.99. The dollar strengthening resumed on stronger than expected October jobs report while US trade deficit widened : 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, rose 0.2% to 96.477 but is lower currently. Futures on stock indices point to lower openings today.<\/p>\n

\"SP500<\/p>\n

\n
\n

FTSE opens lower as other European indices steady<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> extended gains on Friday. Both the EUR\/USD <\/em> and GBP\/USD<\/em> turned lower with euro down currently while Pound edging higher. The Stoxx Europe 600 Index added 0.3%, booking 3.3% gain for the week. The DAX 30 <\/em> rose 0.4% to 11518.99. France\u2019s CAC 40 <\/em> gained 0.3% while UK\u2019s FTSE 100 <\/a> retreated 0.3% to 7094.12.Indices opened flat to 0.1% lower today.<\/p>\n

\n
\n

Hang Seng leads Asian indices retreat<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly lower today led by Chinese stocks. Nikkei <\/em> lost 1.6% to 21898.99 despite yen turn lower against the dollar as Bank of Japan Governor Haruhiko Kuroda said economy doesn\u2019t need surprise stimulus. Chinese stocks are sliding as China’s services sector growth slipped in October: the Shanghai Composite Index <\/em> is down 0.4% and Hong Kong\u2019s Hang Seng <\/em> Index is 2.3% lower. Australia\u2019s All Ordinaries Index lost 0.5% with Australian dollar little changed against the greenback.<\/p>\n

\n
\n

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

Brent futures prices <\/b> are edging lower today as the US granted waivers to major buyers of Iranian crude oil before Iran export sanctions came into effect. Prices slipped on Friday: Brent for January settlement edged 0.1% lower to close at $72.83 a barrel Friday.<\/p>\n

\nMarket Analysis provided by IFCMarkets<\/a><\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

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 rebounds on strong jobs report US equities ended lower on Friday led by technology shares on weaker than expected Apple earnings outlook. S&P 500 lost 0.6% to 2723.06, closing 2.4% higher for the week. Dow Jones industrial average slid 0.4% to 25270.83. The Nasdaq fell 1% to 7356.99. The dollar strengthening resumed […]<\/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-136632","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136632","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=136632"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136632\/revisions"}],"predecessor-version":[{"id":136638,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136632\/revisions\/136638"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=136632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=136632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=136632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}