{"id":157575,"date":"2019-10-15T07:30:57","date_gmt":"2019-10-15T11:30:57","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=157575"},"modified":"2019-10-15T07:30:57","modified_gmt":"2019-10-15T11:30:57","slug":"stocks-end-modestly-lower-as-investors-weigh-us-china-deal","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/10\/stocks-end-modestly-lower-as-investors-weigh-us-china-deal\/","title":{"rendered":"Stocks end modestly lower as investors weigh US-China deal"},"content":{"rendered":"
October 15, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakening slows<\/h2>\n<\/div>\n<\/div>\n

US stocks <\/b> pulled back on Monday as investors weighed the phase one trade deal with China. While US postponed a planned tariff increase on $250 billion in Chinese imports set to take effect today in exchange for Chinese promises to buy $40 to $50 billion in American agricultural products annually, no decision has been made on a planned new 15% tariff set to go into effect on December 15 on about $160 billion in annual imports from China.The S&P 500 <\/em> finished 0.1% lower at 2966.15. Dow Jones <\/a> industrial lost 0.1% to 26787.30. The Nasdaq <\/em> composite slid 0.1% to 8048.65. The dollar weakening halted: 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, rose 0.1% to 98.43 but is lower currently. Stock index futures point to higher openings ahead of opening bank quarterly reports of third earnings season today.<\/p>\n

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DAX posts smallest loss among European indexes<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> ended three-session win streak on Monday. Both EUR\/USD <\/em> and GBP\/USD <\/em> turned lower yesterday with both gaining currently. The Stoxx Europe 600 index ended 0.5% lower led by basic resources shares. The DAX 30 <\/em> slipped 0.2% to 12486.56. France\u2019s CAC 40 <\/em> slid 0.4% and UK\u2019s FTSE 100 <\/a> lost 0.5% to 7213.45 after reports the European Union wanted more concessions from Prime Minister Boris Johnson and indicated a full Brexit agreement was unlikely this week.<\/p>\n

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Nikkei gains while Chinese shares slide<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today. Nikkei <\/em> rose 1.9% to 22207.21 after reopening with yen little changed against the dollar. Markets in China are falling despite report consumer inflation hit near six year high while wholesale prices declined at the fastest pace in more than three years in September: the Shanghai Composite Index <\/em> is down 0.5% and Hong Kong\u2019s Hang Seng <\/em> Index is 0.02% lower. Australia\u2019s All Ordinaries Index turned 0.1% higher as Australian dollar continued its slide against the greenback.<\/p>\n

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

Brent futures prices <\/b> are extending losses today. Prices fell yesterday: December Brent crude closed 1.9% lower at $59.35 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 weakening slows US stocks pulled back on Monday as investors weighed the phase one trade deal with China. While US postponed a planned tariff increase on $250 billion in Chinese imports set to take effect today in exchange for Chinese promises to buy $40 to $50 billion in American agricultural products annually, […]<\/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-157575","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/157575","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=157575"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/157575\/revisions"}],"predecessor-version":[{"id":157581,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/157575\/revisions\/157581"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=157575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=157575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=157575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}