{"id":143251,"date":"2019-03-08T06:30:10","date_gmt":"2019-03-08T11:30:10","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=143251"},"modified":"2019-03-08T06:04:48","modified_gmt":"2019-03-08T11:04:48","slug":"us-stocks-fall-four-straight-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/03\/us-stocks-fall-four-straight-session\/","title":{"rendered":"US stocks fall four straight session"},"content":{"rendered":"
March 8, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar strengthens as jobless claims fall<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> extended losses on Thursday as global growth slowing concerns came to fore again following ECB pledge to keep rates low longer. The S&P 500 <\/em> lost 0.8% to 2748.93. The Dow Jones <\/em> industrial average slid 0.8% to 25473.23. Nasdaq <\/a> composite index fell 1.1% to 7421.46. The dollar strengthening accelerated as initial jobless claims fell more than forecast last week: 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 0.8% to 97.61 but is lower currently. Futures on US stock indexes point to lower openings today.<\/p>\n

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European Indexes fall as ECB says low rates will stay longer<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> extended losses on Thursday as European Central Bank cut euro-zone growth forecasts for 2019. GBP\/USD <\/em> joined EUR\/USD\u2019s <\/em> tumble as the ECB pushed out the prospect of a first hike in interest rate further from previously announced summer of 2019 as the bank left interest rates unchanged. The Stoxx Europe 600 index fell 0.4% led by bank shares. Germany\u2019s DAX 30 <\/a> dropped 0.6% to 11517.80. France\u2019s CAC 40 <\/em> slid 0.4% and UK\u2019s FTSE 100 <\/em> lost 0.5% to 7157.55.<\/p>\n

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Shanghai Composite leads Asian indices losses<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are falling today after disappointing Chinese trade data. Nikkei <\/em> fell 2% to 21025.56 with yen climb against the dollar accelerating. China\u2019s stocks fell sharply as data showed exports fell 20.7% in February: the Shanghai Composite Index <\/em> dropped 4.4% and Hong Kong\u2019s Hang Seng Index <\/em> is 2% lower. Australia\u2019s All Ordinaries Index turned 1% lower despite persistent Australian dollar slide against the greenback.<\/p>\n

\"HK50<\/p>\n

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

Brent futures prices <\/b> are falling today while OPEC cuts provide support. Prices rose yesterday on reports OPEC output fell to its lowest in nearly four years in February: Brent for May settlement closed 0.5% higher at $66.30 a barrel on Thursday.<\/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 as jobless claims fall US stock market extended losses on Thursday as global growth slowing concerns came to fore again following ECB pledge to keep rates low longer. The S&P 500 lost 0.8% to 2748.93. The Dow Jones industrial average slid 0.8% to 25473.23. Nasdaq composite index fell 1.1% to 7421.46. […]<\/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-143251","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143251","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=143251"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143251\/revisions"}],"predecessor-version":[{"id":143255,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143251\/revisions\/143255"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=143251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=143251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=143251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}