{"id":141259,"date":"2019-02-06T06:51:46","date_gmt":"2019-02-06T11:51:46","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=141259"},"modified":"2019-02-06T06:51:46","modified_gmt":"2019-02-06T11:51:46","slug":"us-stocks-rise-fifth-straight-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/us-stocks-rise-fifth-straight-session\/","title":{"rendered":"US stocks rise fifth straight session"},"content":{"rendered":"
February 6, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar strengthens despite slower services expansion<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> extended gains on Tuesday on upbeat corporate reports. The S&P 500 <\/em> added 0.5% to 2737.70. Dow Jones <\/em> rose 0.7% to 25411.52. The Nasdaq <\/a> gained 0.7% to 7431.50. The dollar strengthening continued despite Institute for Supply Management\u2019s nonmanufacturing index showing US services sector expanded at a slower pace in January. 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 96.04 and is higher currently. Futures on US stock indexes point to lower openings today.<\/p>\n

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FTSE 100 still outperforms European Indices<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> ended solidly higher on Tuesday led by energy and bank shares. Both the EUR\/USD <\/em> and GBP\/USD <\/em> continued falling and are lower currently. The Stoxx Europe 600 gained 1.4%. The German DAX 30 <\/a> rose 1.7% to 11367.98, France\u2019s CAC 40<\/em> advanced 1.7% and UK\u2019s FTSE 100 <\/em> rallied 2.0% to 7177.37.<\/p>\n

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Asian indices advance<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are gaining today amid reports US Trade Representative Robert Lighthizer and Treasury Secretary Stephen Mnuchin plan to travel to Beijing next week for trade talks. Nikkei <\/em> added 0.1% to 20874.06 while yen resumed its climb against the dollar. Chinese and Hong Kong\u2019s markets are closed for Lunar New Year. Australia\u2019s All Ordinaries Index gained 0.3% as the Australian dollar resume its slide against the greenback.<\/p>\n

\"AU200<\/p>\n

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

Brent futures prices <\/b> are extending losses today. Prices ended lower yesterday. The American Petroleum Institute late Tuesday report indicated US crude inventories rose by 2.5 million barrels last week as did gasoline inventories. April Brent lost 0.9% to $61.98 a barrel on Tuesday. Today at 16:30 CET the Energy Information Administration will release US Crude Oil Inventories.<\/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 slower services expansion US stock market extended gains on Tuesday on upbeat corporate reports. The S&P 500 added 0.5% to 2737.70. Dow Jones rose 0.7% to 25411.52. The Nasdaq gained 0.7% to 7431.50. The dollar strengthening continued despite Institute for Supply Management\u2019s nonmanufacturing index showing US services sector expanded at […]<\/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-141259","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141259","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=141259"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141259\/revisions"}],"predecessor-version":[{"id":141265,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141259\/revisions\/141265"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=141259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=141259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=141259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}