{"id":138711,"date":"2018-12-11T06:50:35","date_gmt":"2018-12-11T11:50:35","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=138711"},"modified":"2018-12-11T06:50:35","modified_gmt":"2018-12-11T11:50:35","slug":"us-equities-rebound-on-us-economy-strength-hopes","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/12\/us-equities-rebound-on-us-economy-strength-hopes\/","title":{"rendered":"US equities rebound on US economy strength hopes"},"content":{"rendered":"
December 11, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar strengthening resumes<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> rebounded on Monday as positive data supported confidence in US economic health. The S&P 500 <\/em> gained 0.2% to 2637.72. Dow Jones <\/a> industrial added 0.1% to 24423.26. The Nasdaq <\/em> composite index rose 0.7% to 7020.52. The dollar turned sharply higher as US job openings rose to 7.08 million 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, jumped 0.6% to 97.20 but is lower currently. Futures on stock indexes indicate higher openings today.<\/p>\n

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FTSE 100 slides less than other European indices<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> resumed retreating on Monday. The EUR\/USD <\/em> joined GBP\/USD\u2019s <\/em> sharp slide with both currently rising. The Stoxx Europe 600 index lost 1.9%. The DAX 30 <\/em> fell 1.5% to 10622.07 as Federal Statistical Office reported the trade surplus narrowed. France\u2019s CAC 40 <\/em> slumped 1.5% as the Bank of France said the French economy will grow slower than originally projected. UK\u2019s FTSE 100 <\/a> slid 0.8% to 6721.54 as Prime Minister May confirmed she would delay a parliamentary vote on her Brexit plan.<\/p>\n

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Australian stocks lead Asian indices gains<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly higher today as US and China started the latest round of trade talks late Monday. Nikkei <\/em> fell 0.3% to 21148.02 as yen\u2018s climb against the dollar resumed. Chinese shares are rising: the Shanghai Composite Index <\/em> is up 0.3% while Hong Kong\u2019s Hang Seng <\/em> Index is 0.1% higher. Australia\u2019s All Ordinaries Index pared some of previous session sharp losses as it rose 0.4% with Australian dollar climbing against the greenback.<\/p>\n

\"Nikkei<\/p>\n

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Brent <\/a> up after Libya outage<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are edging higher today as Libya’s National Oil Company declared force majeure on exports from the El Sharara oilfield. Prices fell yesterday after a Friday rally on news of OPEC output cut agreement: February Brent crude fell 2.8% to $59.97 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 Dollar strengthening resumes US stock market rebounded on Monday as positive data supported confidence in US economic health. The S&P 500 gained 0.2% to 2637.72. Dow Jones industrial added 0.1% to 24423.26. The Nasdaq composite index rose 0.7% to 7020.52. The dollar turned sharply higher as US job openings rose to 7.08 million […]<\/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-138711","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138711","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=138711"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138711\/revisions"}],"predecessor-version":[{"id":138715,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138711\/revisions\/138715"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=138711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=138711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=138711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}