{"id":154860,"date":"2019-09-06T07:10:11","date_gmt":"2019-09-06T11:10:11","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=154860"},"modified":"2019-09-06T07:10:11","modified_gmt":"2019-09-06T11:10:11","slug":"us-stock-indexes-post-solid-back-to-back-gains","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/09\/us-stock-indexes-post-solid-back-to-back-gains\/","title":{"rendered":"US stock indexes post solid back to back gains"},"content":{"rendered":"
September 6, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar inched up after stronger than expected ADP report<\/h2>\n<\/div>\n<\/div>\n

US stock indexes <\/b> advance accelerated on Thursday after China\u2019s commerce ministry statement China and US had set a tentative date for \u201cearly October\u201d meeting for trade negotiations. The S&P 500<\/a> gained 1.3% to 2975.98. The Dow Jones <\/em> industrial average rose 1.4% to 26728.15. Nasdaq <\/a> composite index rallied 1.8% to 8116.83. The dollar inched higher as the Automatic Data Processing Inc. reported the private sector added 195,000 jobs in August, above the 150,000 forecast: 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 up less than 0.1% to 98.39 but is lower currently. Stock index futures point to higher openings today.<\/p>\n

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CAC 40 paces European indexes gains<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> extended gains on Thursday as investor sentiment was buoyed by news US and China would resume trade negotiations in early October. Both EUR\/USD<\/em> and GBP\/USD <\/em> continued climbing yesterday with both pairs moving higher currently . The Stoxx Europe 600 index ended 0.7% higher. Germany\u2019s DAX 30 <\/a> advanced 0.9% to 12126.78. France\u2019s CAC 40 <\/em> rose 1.1% while UK\u2019s FTSE 100 <\/em> slid 0.6% to 7271.17 as British lawmakers passed a bill blocking hard Brexit which is expected to pass through the House of Lords, the upper chamber of parliament.<\/p>\n

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Hang Seng lags Asian indexes gains<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are in green today after a Beijing statement trade negotiations with US would start in October. Nikkei <\/em> extended gains 0.5% to 21199.57 with yen slowing its slide against the dollar. Chinese shares are rising: the Shanghai Composite Index <\/em> is up 0.5% and Hong Kong\u2019s Hang Seng Index <\/em> is 0.4% higher. Australia\u2019s All Ordinaries Index added another 0.5% despite continuing Australian dollar climb against the greenback.<\/p>\n

\"NIKKEI<\/p>\n

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Brent <\/a> up after US inventories drop<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are edging higher today. Prices advanced yesterday after the Energy Information Administration reported US crude oil inventories fell 4.8 million barrels last week : November Brent crude rose 0.4% to $60.95 a barrel on Thursday.<\/p>\n

Market 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 inched up after stronger than expected ADP report US stock indexes advance accelerated on Thursday after China\u2019s commerce ministry statement China and US had set a tentative date for \u201cearly October\u201d meeting for trade negotiations. The S&P 500 gained 1.3% to 2975.98. The Dow Jones industrial average rose 1.4% to 26728.15. 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-154860","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/154860","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=154860"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/154860\/revisions"}],"predecessor-version":[{"id":154876,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/154860\/revisions\/154876"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=154860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=154860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=154860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}