{"id":155114,"date":"2019-09-10T07:14:28","date_gmt":"2019-09-10T11:14:28","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=155114"},"modified":"2019-09-10T07:14:28","modified_gmt":"2019-09-10T11:14:28","slug":"dow-rises-fourth-straight-session-while-sp500-slips","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/09\/dow-rises-fourth-straight-session-while-sp500-slips\/","title":{"rendered":"Dow rises fourth straight session while SP500 slips"},"content":{"rendered":"
September 10, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar strengthening halts despite rising consumer borrowing<\/h2>\n<\/div>\n<\/div>\n

US stock indexes <\/b> ended mixed on Monday as Treasury Secretary Mnuchin said the administration was willing to continue with its tariff policy unless a good deal for US companies and workers could be struck The S&P 500 <\/em> finished 0.01% lower at 2978.43. Dow Jones <\/a> industrial rose 0.1% to 26835.51. The Nasdaq <\/em> composite retreated 0.2% to 8087.44. The dollar strengthening reversed despite data showing consumer borrowing rose 6.8% annual rate in July from a 4.1% rate in the previous month: 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 0.1% to 98.31 but is higher currently. Stock index futures point to higher openings today.<\/p>\n

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

European stocks <\/b> pulled back on Monday. Both GBP\/USD <\/em> and EUR\/USD <\/em> turned higher yesterday with both pairs falling currently. The Stoxx Europe 600 index ended 0.3% lower led by healthcare and utilities shares. The DAX 30 <\/em> however gained 0.3% to 12226.10 lifted by unexpected strong July trade surplus. France\u2019s CAC 40 <\/em> slipped 0.3% and UK\u2019s FTSE 100 <\/a> slid 0.6% to 7235.81.<\/p>\n

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Nikkei up while other Asian indexes slip<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today. Nikkei <\/em> rose 0.4% to 21392.10 as the yen slide against the dollar continued. Markets in China are mixed as data showed consumer inflation rose more than expected in August, although the producer prices unexpectedly fell in August from a year ago.: the Shanghai Composite Index <\/em> is down 0.1% while Hong Kong\u2019s Hang Seng <\/em> Index is 0.1% lower. Australia\u2019s All Ordinaries Index turned 0.5% lower despite a halt in Australian dollar\u2019s climb against the greenback.<\/p>\n

\"NIKKEI<\/p>\n

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

Brent futures prices <\/b> are edging lower today after earlier gains following Saudi Arabia confirmation of continuing support for global deal to cut oil production by 1.2 million barrels per day. Prices rose yesterday: November Brent crude closed 1.7% higher at $62.59 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 strengthening halts despite rising consumer borrowing US stock indexes ended mixed on Monday as Treasury Secretary Mnuchin said the administration was willing to continue with its tariff policy unless a good deal for US companies and workers could be struck The S&P 500 finished 0.01% lower at 2978.43. Dow Jones industrial rose […]<\/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-155114","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/155114","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=155114"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/155114\/revisions"}],"predecessor-version":[{"id":155122,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/155114\/revisions\/155122"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=155114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=155114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=155114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}