{"id":151356,"date":"2019-07-12T07:00:12","date_gmt":"2019-07-12T11:00:12","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=151356"},"modified":"2019-07-12T07:00:12","modified_gmt":"2019-07-12T11:00:12","slug":"dow-sp-500-post-record-closes","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/07\/dow-sp-500-post-record-closes\/","title":{"rendered":"Dow, SP 500 post record closes"},"content":{"rendered":"
July 12, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakens as inflation slows<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> rebound accelerated on Thursday as Powel reasserted Federal Reserve\u2019s inclination to ease monetary policy against the background of lingering risks to global growth such as US-China trade dispute. The S&P 500 <\/em> gained 0.2% to fresh record 2999.91. The Dow Jones <\/em> industrial average rose 0.9% to new record 27088.08. Nasdaq <\/a> composite index however slipped 0.1% to 8196.04. The dollar weakening continued as consumer price inflation fell to 1.6% from 1.8% in April: 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, slipped 0.03% to 97.07 and is lower currently. Stock index futures point to higher market openings today<\/p>\n

\"BRENT<\/p>\n

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European indexes slip as IMF calls for fresh stimulus<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> slide continued on Thursday after the International Monetary Fund called for fresh stimulus from the ECB. EUR\/USD<\/em> inched down while GBP\/USD <\/em> continued its slide with both pairs higher currently. The Stoxx Europe 600 index ended 0.1% lower. Germany\u2019s DAX 30 <\/a> lost 0.3% to 12332.12. France\u2019s CAC 40 <\/em> slipped 0.3% and UK\u2019s FTSE 100 <\/em> slid 0.3% to 7501.82.<\/p>\n

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Shanghai Composite leads Asian indexes<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly rising today. Nikkei <\/em> rose 0.2% to 21685.90 despite yen’s resumed climb against the dollar. Chinese shares are gaining despite President Trump\u2019s tweet on Thursday China was not living up to promises it made on buying US agricultural products: the Shanghai Composite Index <\/em> is up 0.4% and Hong Kong\u2019s Hang Seng Index <\/em> is 0.2% higher. Australia\u2019s All Ordinaries Index however slid 0.3% as Australian dollar accelerated its climb against the greenback.<\/p>\n

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Brent <\/a> up as Tropical Storm Barry advances<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are edging higher today with half US Gulf Coast oil output shut down because of Tropical Storm Barry. Prices fell yesterday: September Brent crude lost 0.7% to $66.52 a barrel on Thursday.<\/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 as inflation slows US stock market rebound accelerated on Thursday as Powel reasserted Federal Reserve\u2019s inclination to ease monetary policy against the background of lingering risks to global growth such as US-China trade dispute. The S&P 500 gained 0.2% to fresh record 2999.91. The Dow Jones industrial average rose 0.9% to […]<\/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-151356","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151356","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=151356"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151356\/revisions"}],"predecessor-version":[{"id":151358,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151356\/revisions\/151358"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=151356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=151356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=151356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}