{"id":144498,"date":"2019-03-27T06:40:54","date_gmt":"2019-03-27T10:40:54","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=144498"},"modified":"2019-03-27T06:40:54","modified_gmt":"2019-03-27T10:40:54","slug":"us-stocks-close-higher","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/03\/us-stocks-close-higher\/","title":{"rendered":"US stocks close higher"},"content":{"rendered":"
March 27, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakening stalls despite soft data<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> resumed advancing on Tuesday led by energy and financial shares. The S&P 500 <\/em> rose 0.7% to 2818.46. Dow Jones <\/em> added 0.6% to 25657.73. The Nasdaq <\/a> gained 0.7% to 7691.52. The dollar weakening stalled despite soft data indicating housing starts in February declined compared with the same period last year, and S&P\/Case-Shiller 20-city home prices index growth was slower in January compared with 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, rose 0.3% to 96.74 and is higher currently. Futures on US stock indexes indicate higher openings today.<\/p>\n

\"SP500<\/p>\n

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CAC 40 outperforms European Indices on GDP upgrade<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> recovered all of previous session losses on Tuesday. The EUR\/USD <\/em> joined GBP\/USD\u2019s <\/em> continued slide with both pairs lower currently. The Stoxx Europe 600 rose 0.8%. The German DAX 30 <\/a> gained 0.6% to 11419.48, France\u2019s CAC 40<\/em> rose 0.9% as Q4 GDP final reading was upgraded to 1% over year. UK\u2019s FTSE 100 <\/em> advanced 0.3% to 7196.29 as parliament adopted an amendment on Brexit allowing it to set a timetable for debate and subsequent Brexit votes.<\/p>\n

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

Asian stock indices<\/b> are mixed today. Nikkei <\/em> lost 0.4% to 21378.73 with yen little changed against the dollar. Chinese stocks are higher despite a report China\u2019s industrial profits dropped sharply in the first two months of the year: the Shanghai Composite Index <\/em> is up 0.9% and Hong Kong\u2019s Hang Seng index <\/em> is 0.6% higher. Australia\u2019s All Ordinaries Index added another 0.1% as the Australian dollar turned lower against the greenback.<\/p>\n

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

Brent futures prices <\/b> advance continues today. The American Petroleum Institute late Tuesday report indicated US crude inventories rose unexpectedly by 1.9 million barrels last week and gasoline inventories dropped by 3.5 million. Prices ended higher yesterday. May Brent added 1.1% to $67.97 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 weakening stalls despite soft data US stock market resumed advancing on Tuesday led by energy and financial shares. The S&P 500 rose 0.7% to 2818.46. Dow Jones added 0.6% to 25657.73. The Nasdaq gained 0.7% to 7691.52. The dollar weakening stalled despite soft data indicating housing starts in February declined compared with […]<\/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-144498","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144498","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=144498"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144498\/revisions"}],"predecessor-version":[{"id":144504,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144498\/revisions\/144504"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=144498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=144498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=144498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}