{"id":137712,"date":"2018-11-22T06:58:39","date_gmt":"2018-11-22T11:58:39","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=137712"},"modified":"2018-11-22T06:58:39","modified_gmt":"2018-11-22T11:58:39","slug":"us-equities-halt-retreat-ahead-of-thanksgiving-holiday","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/11\/us-equities-halt-retreat-ahead-of-thanksgiving-holiday\/","title":{"rendered":"US equities halt retreat ahead of Thanksgiving holiday"},"content":{"rendered":"
November 22, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar slips on soft durable goods data<\/h2>\n<\/div>\n<\/div>\n

US stocks <\/b> retreat halted as technology shares recovered partly from previous session losses. The S&P 500<\/a> added 0.3% to 2649.93. The Dow Jones <\/em> industrial average however slid less than a point to 24464.69. Nasdaq <\/em> composite index rose 0.9% to 6972.25. Both SP500 and Dow remained in negative territory year to date. The dollar weakening resumed as core capital goods orders fell for the third month in a row in October: 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, slipped 0.1% to 96.70 and is lower currently. US financial markets will be closed today for the Thanksgiving Day holiday.<\/p>\n

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DAX 30 leads European indices gains<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> ended higher on Wednesday led by banking and energy shares. EUR\/USD <\/em> extended gains despite European Union\u2019s rejection of Italy\u2019s 2019 budget plan signaling it may sanction Italy\u2019s government. The GBP\/USD<\/em> edged lower with both pairs higher currently. The Stoxx Europe 600 rose 1.1%. Germany\u2019s DAX 30 <\/em> jumped 1.6% to 11244.17. France\u2019s CAC 40 <\/a> added 1% and UK\u2019s FTSE 100 <\/em> gained 1.5% to 7050.23.<\/p>\n

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Chinese stock slip<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today in thin trading with US markets closed for holiday. Nikkei <\/em> rose 0.7% to 21646.55 with yen little changed against the dollar. China\u2019s stocks are mixed despite news Peter Navarro, President Trump’s top trade adviser and trade hawk, will be excluded from the upcoming trade talks between Trump and Chinese President Xi Jinping: the Shanghai Composite Index <\/em> is down 0.2% and Hong Kong\u2019s Hang Seng Index <\/em> is 0.1% lower. Australia\u2019s All Ordinaries Index rebounded 0.9% while the Australian dollar turned lower against the greenback.<\/p>\n

\"AU200<\/p>\n

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Brent <\/a> down on President Trump\u2019s tweet<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are edging lower today as President Trump thanked Saudi Arabia for lower oil prices in his tweet, but also said \u201clet\u2019s go lower!\u201d. Prices ended higher yesterday despite the Energy Information Administration report that US crude stockpile rose 4.9 million barrels last week to 446.91 milion, the ninth straight weekly build: the January Brent crude gained 1.5% to $63.48 a barrel on Wednesday.<\/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 slips on soft durable goods data US stocks retreat halted as technology shares recovered partly from previous session losses. The S&P 500 added 0.3% to 2649.93. The Dow Jones industrial average however slid less than a point to 24464.69. Nasdaq composite index rose 0.9% to 6972.25. Both SP500 and Dow remained 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-137712","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/137712","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=137712"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/137712\/revisions"}],"predecessor-version":[{"id":137714,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/137712\/revisions\/137714"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=137712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=137712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=137712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}