{"id":158538,"date":"2019-10-28T06:45:04","date_gmt":"2019-10-28T10:45:04","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=158538"},"modified":"2019-10-28T06:23:49","modified_gmt":"2019-10-28T10:23:49","slug":"positive-reports-lift-us-stocks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/10\/positive-reports-lift-us-stocks\/","title":{"rendered":"Positive reports lift US stocks"},"content":{"rendered":"
October 28, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar strengthened despite budget deficit rise<\/h2>\n<\/div>\n<\/div>\n

US stocks <\/b> upward momentum carried all three main indexes higher on Friday on positive earnings and reports US and China were making progress on the trade deal. The S&P 500<\/a> advanced 0.4% to 3022.55, doubling weekly gain to 1.2%. Dow Jones <\/em> industrial added 0.6% to 26958.06. The Nasdaq <\/em> rose 0.7% to 8243.12. The dollar strengthening continued despite US budget deficit rising 26% over the fiscal year 2018. 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 0.2% to 97.80 but is lower currently. Stock index futures point to higher openings today.<\/p>\n

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

European stock market <\/b> gained third straight session on Friday on US-China trade deal optimism. Both the EUR\/USD<\/em> and GBP\/USD <\/em> continued their slide Friday with both pairs higher currently. The Stoxx Europe 600 Index added 0.2%. The DAX 30 <\/em> edged up 0.2% Friday to 12894.51 as the Ifo business climate index for Germany stayed unchanged in October at a reading of 94.6. France\u2019s CAC 40 <\/em> rose 0.7% while UK\u2019s FTSE 100 <\/a> lost 0.05% to 7324.47.<\/p>\n

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Hang Seng leads Asian Indexes gains<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are rising today. Nikkei <\/em> ended 0.3% higher at 22867.27 as yen accelerated its slide against the dollar. China\u2019s markets are rising: both the Shanghai Composite Index <\/em> and Hong Kong\u2019s Hang Seng <\/em> Index are 0.9% higher. Australia\u2019s All Ordinaries Index added 0.02% despite Australian dollar extending its gains 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. Prices rose on Friday: Brent for December settlement ended 0.7% higher at $52.13 a barrel Friday.<\/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 strengthened despite budget deficit rise US stocks upward momentum carried all three main indexes higher on Friday on positive earnings and reports US and China were making progress on the trade deal. The S&P 500 advanced 0.4% to 3022.55, doubling weekly gain to 1.2%. Dow Jones industrial added 0.6% to 26958.06. The […]<\/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-158538","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/158538","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=158538"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/158538\/revisions"}],"predecessor-version":[{"id":158540,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/158538\/revisions\/158540"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=158538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=158538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=158538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}