{"id":146362,"date":"2019-04-24T06:35:53","date_gmt":"2019-04-24T10:35:53","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=146362"},"modified":"2019-04-24T06:35:53","modified_gmt":"2019-04-24T10:35:53","slug":"sp500-and-nasdaq-close-at-record-highs","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/04\/sp500-and-nasdaq-close-at-record-highs\/","title":{"rendered":"SP500 and Nasdaq close at record highs"},"content":{"rendered":"
April 24, 2019<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/p>\n

\n
\n

Dollar rises on surprise new home sales gain<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> closed solidly higher on Tuesday buoyed by upbeat quarterly results. The S&P 500 <\/em> rose 0.9% to all time high 2933.68. Dow Jones <\/em> industrial gained 0.6% to 26656.39 led by 2.3% rise in United Technologies. The Nasdaq <\/a> jumped 1.3% to 8120.82, record high. The dollar strengthening resumed as new home sales rose 4.5% over month in March when a decline was expected. 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 97.59 and is higher currently. Futures on US stock indexes point to lower openings today.<\/p>\n

\"SP500<\/p>\n

\n
\n

FTSE 100 outperforms European indexes<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> ended higher on Tuesday after markets reopened following Easter holiday. EUR\/USD <\/em> joined GBP\/USD\u2019s <\/em> slide and both are lower currently. The Stoxx Europe 600 added 0.2%, the eighth straight gain led by energy shares. The German DAX 30 <\/a> edged up 0.1% to 12235.51, France\u2019s CAC 40<\/em> gained 0.2%. UK\u2019s FTSE 100 <\/em> advanced 0.9% to 7523.07, a more than six-month high.<\/p>\n

\n
\n

Australia\u2019s All Ordinaries Index gains while Asian indices slip<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly lower today. Nikkei <\/em> lost 0.3% to 22200.00 as yen climb against the dollar continued. Chinese stocks are falling despite reports China central bank injected 267 billion yuan in targeted medium-term loans: the Shanghai Composite Index <\/em> is down 0.1% and Hong Kong\u2019s Hang Seng index <\/em> is 0.7% lower. Australia\u2019s All Ordinaries Index however extended gains 1% boosted by Australian dollar accelerated decline against the greenback as stagnant inflation raised the prospect of a rate cut.<\/p>\n

\n
\n

Brent <\/a> down on expected US crude stock build<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are edging lower today. The American Petroleum Institute late Tuesday report indicated US crude inventories rose by 6.9 million barrels last week while gasoline inventories climbed by 2.2 million. Prices ended higher yesterday. June Brent rose 0.6% to $74.51 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>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

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 rises on surprise new home sales gain US stock market closed solidly higher on Tuesday buoyed by upbeat quarterly results. The S&P 500 rose 0.9% to all time high 2933.68. Dow Jones industrial gained 0.6% to 26656.39 led by 2.3% rise in United Technologies. The Nasdaq jumped 1.3% to 8120.82, record high. […]<\/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-146362","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/146362","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=146362"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/146362\/revisions"}],"predecessor-version":[{"id":146372,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/146362\/revisions\/146372"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=146362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=146362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=146362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}