{"id":143854,"date":"2019-03-18T06:33:09","date_gmt":"2019-03-18T10:33:09","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=143854"},"modified":"2019-03-18T06:33:09","modified_gmt":"2019-03-18T10:33:09","slug":"us-stocks-resumed-gaining","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/03\/us-stocks-resumed-gaining\/","title":{"rendered":"US stocks resumed gaining"},"content":{"rendered":"
March 18, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakens after weaker than expected industrial data<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> resumed advancing on Friday. S&P 500<\/a> rose 0.5% to 2822.48, closing 2.9% higher for the week. Dow Jones <\/em> industrial gained 0.5% to 25848.87. The Nasdaq <\/em> added 0.8% to 7688.53. The dollar strengthening reversed on a weaker than expected reading of just 0.1% rise in US industrial production in February. 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, lost 0.2% to 96.521 and is lower currently. Futures on US stock indexes point to higher openings today.<\/p>\n

\"SP500<\/p>\n

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CAC 40 outperforms other European indices<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> extended gains on Friday. Both the GBP\/USD<\/em> and EUR\/USD <\/em> resumed gaining with both pairs higher currently. The Stoxx Europe 600 Index gained 0.7%. The DAX 30 <\/em> rose 0.9% to 11685.69. France\u2019s CAC 40 <\/em> advanced 1% and UK\u2019s FTSE 100 <\/a> added 0.2% to 7244.05.<\/p>\n

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

Asian stock indices<\/b> are higher today despite weekend reports the summit between President Donald Trump and China\u2019s President Xi Jinping to sign an agreement ending the trade war may be pushed back to June. Nikkei <\/em> rose 0.6% to 21584.5 with yen resuming its slide against the dollar. Chinese markets are gaining: the Shanghai Composite Index <\/em> is up 2.5% and Hong Kong\u2019s Hang Seng <\/em> Index is 1.4% higher. Australia\u2019s All Ordinaries Index added 0.3% as the Australian dollar accelerated its climb against the greenback.<\/p>\n

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

Brent futures prices <\/b> are higher today supported by OPEC cuts. Prices ended lower on Friday despite Baker Hughes report that the number of active US rigs drilling for oil fell for a fourth straight week: Brent for May settlement fell 0.1% to close at $67.16 a barrel Friday, gaining 2.2% for the week.<\/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 weakens after weaker than expected industrial data US stock market resumed advancing on Friday. S&P 500 rose 0.5% to 2822.48, closing 2.9% higher for the week. Dow Jones industrial gained 0.5% to 25848.87. The Nasdaq added 0.8% to 7688.53. The dollar strengthening reversed on a weaker than expected reading of just 0.1% […]<\/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-143854","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143854","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=143854"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143854\/revisions"}],"predecessor-version":[{"id":143860,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143854\/revisions\/143860"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=143854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=143854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=143854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}