{"id":145431,"date":"2019-04-09T06:47:27","date_gmt":"2019-04-09T10:47:27","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=145431"},"modified":"2019-04-09T06:47:27","modified_gmt":"2019-04-09T10:47:27","slug":"sp500-gains-eighth-straight-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/04\/sp500-gains-eighth-straight-session\/","title":{"rendered":"SP500 gains eighth straight session"},"content":{"rendered":"
April 9, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar falls on persistent factory orders decline<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> ended mixed on Monday. The S&P 500 <\/em> advanced 0.1% to 2895.77. Dow Jones <\/a> industrial however dipped 0.3% to 26236 dragged by 4.4% drop of Boeing as the company announced it is scaling back 737 MAX planes\u2019 production after recent fatal crashes. The Nasdaq <\/em> composite added 0.2% to 7953.88. The dollar strengthening reversed as factory orders decline continued at previous month\u2019s pace 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, fell 0.3% to 97.05 and is lower currently. Futures on US stock indexes point to lower openings today.<\/p>\n

\"DJI<\/p>\n

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DAX 30 underperforms on weak trade data<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> retreat resumed on Monday led by bank shares. Both the EUR\/USD <\/em> and GBP\/USD <\/em> turned higher with both pairs higher currently. The Stoxx Europe 600 index slid 0.2%. The DAX 30 <\/em> fell 0.4% to 11963.40 as data showed German imports and exports fell more than expected in February. France\u2019s CAC 40 <\/em> slipped 0.1% while UK\u2019s FTSE 100 <\/a> added 0.1% to 7451.89.<\/p>\n

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Hang Seng leads Asian indices gains<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed ahead of a meeting on trade between the European Union and China later today. Nikkei <\/em> recovered 0.2% to 21802.59 despite continued yen climb against the dollar. Markets in China are mixed despite new stimulus measures announced by Beijing such as relaxing residency curbs in smaller cities and increasing infrastructure spending: the Shanghai Composite Index <\/em> is down 0.2% while Hong Kong\u2019s Hang Seng <\/em> Index is 0.3% higher. Australia\u2019s All Ordinaries Index inched up 0.01% despite persisting Australian dollar climb against the greenback.<\/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 global supply tightening concerns. Prices rose yesterday as fighting in Libya continued: June Brent crude rose 1.1% to $71.10 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 falls on persistent factory orders decline US stock market ended mixed on Monday. The S&P 500 advanced 0.1% to 2895.77. Dow Jones industrial however dipped 0.3% to 26236 dragged by 4.4% drop of Boeing as the company announced it is scaling back 737 MAX planes\u2019 production after recent fatal crashes. The Nasdaq […]<\/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-145431","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/145431","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=145431"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/145431\/revisions"}],"predecessor-version":[{"id":145433,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/145431\/revisions\/145433"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=145431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=145431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=145431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}