{"id":141138,"date":"2019-02-05T06:24:54","date_gmt":"2019-02-05T11:24:54","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=141138"},"modified":"2019-02-05T06:24:54","modified_gmt":"2019-02-05T11:24:54","slug":"microsoft-and-apple-rally-leads-us-stocks-higher","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/microsoft-and-apple-rally-leads-us-stocks-higher\/","title":{"rendered":"Microsoft and Apple rally leads US stocks higher"},"content":{"rendered":"
February 5, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar strengthens despite falling factory orders<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> started the week on stronger note led by Microsoft and Apple rally. The S&P 500 <\/em> gained 0.7% to 2724.87. Dow Jones <\/a> industrial added 0.7% to 25239.37. The Nasdaq <\/em> composite index rose 1.2% to 7347.54. The dollar strengthening accelerated despite data showing above expected drop in factory orders in November: 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 0.3% to 95.80 and is higher currently. Futures on US stock indexes point to mixed openings today.<\/p>\n

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FTSE 100 rises while other European indices slip<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> ended marginally higher on Monday. EUR\/USD <\/em> joined GBP\/USD\u2019s <\/em> decline with both pairs retreating currently. The Stoxx Europe 600 index inched up 0.1%. The DAX 30 <\/em> however slid 0.6% to 11176.58. France\u2019s CAC 40 <\/em> lost 0.4% while UK\u2019s FTSE 100 <\/a> bucked the trend gaining 0.2% to 7034.13.<\/p>\n

\"GB100<\/p>\n

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Bank shares rally leads Australian market up<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today in thinner trading as many markets are closed for Lunar New Year holidays. Nikkei <\/em> slid 0.2% to 20844.45 with yen little changed against the dollar. Markets in China and Hong Kong are closed for Lunar New Year festivities. Australia\u2019s All Ordinaries Index erased all of previous session losses rallying 2.0% as the Reserve Bank of Australia kept its rate steady at 1.5%. The Australian dollar resumed climbing against the greenback and bank stocks rallied after a closely watched regulator\u2019s report didn\u2019t recommend breaking banks up following a yearlong investigation into widespread misconduct.<\/p>\n

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

Brent futures prices <\/b> are lower today still supported by supply concerns after US sanctioned Venezuela\u2019s state-owned oil firm last Monday. Prices fell yesterday: April Brent crude slid 0.4% to $62.51 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 strengthens despite falling factory orders US stock market started the week on stronger note led by Microsoft and Apple rally. The S&P 500 gained 0.7% to 2724.87. Dow Jones industrial added 0.7% to 25239.37. The Nasdaq composite index rose 1.2% to 7347.54. The dollar strengthening accelerated despite data showing above expected drop […]<\/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-141138","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141138","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=141138"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141138\/revisions"}],"predecessor-version":[{"id":141144,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141138\/revisions\/141144"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=141138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=141138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=141138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}