{"id":146707,"date":"2019-04-30T06:56:33","date_gmt":"2019-04-30T10:56:33","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=146707"},"modified":"2019-04-30T06:56:33","modified_gmt":"2019-04-30T10:56:33","slug":"sp500-nasdaq-notch-back-to-back-records","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/04\/sp500-nasdaq-notch-back-to-back-records\/","title":{"rendered":"SP500, Nasdaq notch back-to-back records"},"content":{"rendered":"
April 30, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakens on core PCE decline<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> edged higher on Monday as more companies reported quarterly results and Federal Reserve started its two-day policy meeting. The S&P 500 <\/em> gained 0.1% to new record high 2943.03. Dow Jones <\/a> industrial added 0.04% to 26554.39. The Nasdaq <\/em> composite rose 0.2% to another record at 8161.85. The dollar weakening persisted as data showed the Fed\u2019s preferred inflation gauge \u2013 core personal consumption expenditure index declined to annual rate of 1.6% in March, below last month\u2019s 1.7% and the Fed\u2019s 2% target. 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, edged down 0.2% to 97.85 but is higher currently. Futures on US stock indexes point to mixed openings today.<\/p>\n

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CAC 40 outperforms European indexes<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> extended gains on Monday supported by the win of pro-EU ruling socialist party in Spain\u2019s third election in four years. Both GBP\/USD <\/em> and EUR\/USD <\/em> continued rising with Pound climbing while euro reversing direction currently. The Stoxx Europe 600 index gained 0.1%. The DAX 30 <\/em> added 0.1% to 12328.02. France\u2019s CAC 40 <\/em> rose 0.2% and UK\u2019s FTSE 100 <\/a> edged up 0.17% to 7440.66.<\/p>\n

\"EU50<\/p>\n

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Shanghai Composite rises despite soft manufacturing PMI<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today. Markets in Japan are closed for 10-day holiday while yen turned higher against the dollar. Markets in China are mixed after data showed Chinese factory activity slowed in April, below expectations, but still remaining in expansion mode: the Shanghai Composite Index <\/em> is up 0.5% while Hong Kong\u2019s Hang Seng <\/em> Index is 0.7% lower. Australia\u2019s All Ordinaries Index extended losses 0.5% despite Australian dollar resuming slide against the greenback.<\/p>\n

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

Brent futures prices <\/b> are edging higher today. Prices slipped yesterday: June Brent crude lost 0.2% to $72.04 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 weakens on core PCE decline US stock market edged higher on Monday as more companies reported quarterly results and Federal Reserve started its two-day policy meeting. The S&P 500 gained 0.1% to new record high 2943.03. Dow Jones industrial added 0.04% to 26554.39. The Nasdaq composite rose 0.2% to another record at […]<\/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-146707","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/146707","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=146707"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/146707\/revisions"}],"predecessor-version":[{"id":146711,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/146707\/revisions\/146711"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=146707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=146707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=146707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}