{"id":151990,"date":"2019-07-23T07:18:05","date_gmt":"2019-07-23T11:18:05","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=151990"},"modified":"2019-07-23T07:18:05","modified_gmt":"2019-07-23T11:18:05","slug":"us-stocks-edge-higher-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/07\/us-stocks-edge-higher-2\/","title":{"rendered":"US stocks edge higher"},"content":{"rendered":"
July 23, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar strengthening decelerates<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> resumed advancing on Monday led by technology shares. The S&P 500 <\/em> gained 0.3% to 2985.03. Dow Jones <\/a> industrial added 0.1% to 27171.9. The Nasdaq <\/em> composite rose 0.7% to 8204.14. The dollar strengthening decelerated: 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, added 0.2% to 97.28 and is higher currently. Stock index futures point to higher market openings today<\/p>\n

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

European stocks <\/b> ended little changed on Monday as companies reported mixed quarterly results. Both GBP\/USD <\/em> and EUR\/USD <\/em> continued their slides and are down currently as European Union trade official said EU sought to work with Washington to reform the World Trade Organization and cooperate on common challenges to global trade, but will retaliate if Washington makes good on its threat to raise car tariffs. The Stoxx Europe 600 index ended flat. The DAX 30 <\/em> added 0.2% to 12289.40. France\u2019s CAC 40 <\/em> rose 0.3% and UK\u2019s FTSE 100 <\/a> edged up 0.1% to 7514.93.<\/p>\n

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Nikkei leads Asian indexes rebound<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are recovering today after reports U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin would travel to Beijing next week to resume trade negotiations with China. Nikkei <\/em> closed 1% higher at 21620.88 as yen slide accelerated against the dollar. Markets in China are rising buoyed also by news President Donald Trump had agreed to make \u201ctimely\u201d licensing decisions for U.S. tech companies seeking to renew sales with Huawei: the Shanghai Composite Index <\/em> is up 0.4% while Hong Kong\u2019s Hang Seng <\/em> Index is 0.2% higher. Australia\u2019s All Ordinaries Index rebounded 0.5% as Australian dollar continued its slide against the greenback.<\/p>\n

\"Nikkei<\/p>\n

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

Brent futures prices <\/b> are edging higher today as traders watch for developments in the Strait of Hormuz after Iran seized a British tanker last week. Prices rose yesterday: September Brent crude gained 1.3% to $63.26 a barrel on Monday.<\/p>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n

Note:
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By IFCMarkets Dollar strengthening decelerates US stock market resumed advancing on Monday led by technology shares. The S&P 500 gained 0.3% to 2985.03. Dow Jones industrial added 0.1% to 27171.9. The Nasdaq composite rose 0.7% to 8204.14. The dollar strengthening decelerated: the live dollar index data show the ICE US Dollar index, a measure of […]<\/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-151990","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151990","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=151990"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151990\/revisions"}],"predecessor-version":[{"id":151994,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151990\/revisions\/151994"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=151990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=151990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=151990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}