{"id":139719,"date":"2019-01-07T06:34:55","date_gmt":"2019-01-07T11:34:55","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=139719"},"modified":"2019-01-07T06:34:55","modified_gmt":"2019-01-07T11:34:55","slug":"all-three-us-main-indices-gain-more-than-3","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/01\/all-three-us-main-indices-gain-more-than-3\/","title":{"rendered":"All three US main indices gain more than 3%"},"content":{"rendered":"
January 7, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakening slows after strong jobs report<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> ended sharply higher on Friday buoyed by Fed chair Powell\u2019s dovish comments and stronger than expected jobs report. S&P 500<\/a> rallied 3.4% to 2515, closing 2.0% higher for the week. Dow Jones <\/em> industrial average rose 3.3% to 23291. The Nasdaq <\/em> jumped 4.3% to 6671. The dollar weakening slowed as data indicated 312000 new jobs were created in December: 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 96.14 and is lower currently. Stock index futures indicate higher openings today.<\/p>\n

\"SP500<\/p>\n

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DAX 30 outperforms other European indices<\/h2>\n<\/div>\n<\/div>\n

European stock markets <\/b> rebounded on Friday. Both the GBP\/USD<\/em> and EUR\/USD\u2019s <\/em> continued their climb with both pairs higher currently. The Stoxx Europe 600 Index rose 2.8%, ending the week 2.2% higher. The DAX 30 <\/em> rallied 3.4% to 10767.69. France\u2019s CAC 40 <\/em> jumped 2.7% and UK\u2019s FTSE 100 <\/a> gained 2.2% to 6837.42.<\/p>\n

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Nikkei leads Asian indices gains<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are solidly higher today as US and Chinese trade negotiations resumed in Beijing. Nikkei <\/em> jumped 2.4% to 20038.97 with yen resuming its climb against the dollar. Chinese stocks are advancing: the Shanghai Composite Index <\/em> is up 0.7% and Hong Kong\u2019s Hang Seng <\/em> Index is 0.9% higher. Australia\u2019s All Ordinaries Index rebounded 1.1% despite the Australian dollar continuing its climb against the greenback.<\/p>\n

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

Brent futures prices <\/b> are extending gains today. Prices ended higher on Friday as the Energy Information Administration reported US crude inventories barely rose last week \u2013 just 7000 barrels, while gasoline stocks jumped 6.9 million barrels: Brent for February settlement gained 2.0% to close at $57.06 a barrel Friday.<\/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 weakening slows after strong jobs report US stock market ended sharply higher on Friday buoyed by Fed chair Powell\u2019s dovish comments and stronger than expected jobs report. S&P 500 rallied 3.4% to 2515, closing 2.0% higher for the week. Dow Jones industrial average rose 3.3% to 23291. The Nasdaq jumped 4.3% to […]<\/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-139719","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139719","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=139719"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139719\/revisions"}],"predecessor-version":[{"id":139723,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139719\/revisions\/139723"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=139719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=139719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=139719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}