{"id":159181,"date":"2019-11-06T06:30:56","date_gmt":"2019-11-06T11:30:56","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=159181"},"modified":"2019-11-06T06:13:42","modified_gmt":"2019-11-06T11:13:42","slug":"stocks-end-mixed-despite-positive-reports","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/11\/stocks-end-mixed-despite-positive-reports\/","title":{"rendered":"Stocks end mixed despite positive reports"},"content":{"rendered":"
November 6, 2019<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/p>\n

\n
\n

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

US stocks <\/b> pulled back on Tuesday despite positive data. The S&P 500<\/a> slipped 0.1% to 3074.67. The Dow Jones <\/em> industrial average however gained 0.1% to new record 27492.63. Nasdaq <\/em> added 0.02% to 8434.68. The dollar strengthening was intact as the Institute of Supply Management\u2019s service sector activity index rose to 54.7% in October, up from 52.6% in September. 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 0.3% to 97.90 and is higher currently. Futures on US stock indices point to lower openings.<\/p>\n

\n
\n

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

European stock market <\/b> advanced third straight session on Tuesday. Both the EUR\/USD <\/em> and GBP\/USD <\/em> continued their slide yesterday with both pairs higher currently. The Stoxx Europe 600 ended 0.2% higher led by mining stocks. The German DAX 30 <\/a> added 0.1% to 13148.50. France\u2019s CAC 40<\/em> rose 0.4%. UK\u2019s FTSE 100 <\/em> advanced 0.3% to 7388.08 as services sector contraction halted in October.<\/p>\n

\n
\n

Australia\u2019s All Ordinaries Index leads Asian indexes losses<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today against the backdrop of reports Chinese negotiators want the removal of 15% tariffs on about $125 billion worth of goods that went into effect September 1 and the $250 billion of import duties. Nikkei <\/em> rose 0.2% to 23303.82 despite yen reversing its slide against the dollar. Chinese stocks are mixed as China\u2019s central bank cut its base interest rate on a one-year loan by 0.05% to 3.25%: the Shanghai Composite Index <\/em> is down 0.6% while Hong Kong\u2019s Hang Seng index <\/em> is 0.2% higher. Australia\u2019s All Ordinaries Index turned 0.6% lower despite Australian dollar resuming its slide against the greenback.<\/p>\n

\"HK50<\/p>\n

\n
\n

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

Brent futures prices <\/b> are falling today. Prices rose yesterday: January Brent rose 1.3% to $62.96 a barrel on Tuesday. Trade group the American Petroleum Institute late Tuesday report indicated US crude supplies rose by 4.3 million barrels last week. Today at 16:30 CET the Energy Information Administration will release US Crude Oil Inventories.<\/p>\n

\nMarket Analysis provided by IFCMarkets<\/a><\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

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 halts US stocks pulled back on Tuesday despite positive data. The S&P 500 slipped 0.1% to 3074.67. The Dow Jones industrial average however gained 0.1% to new record 27492.63. Nasdaq added 0.02% to 8434.68. The dollar strengthening was intact as the Institute of Supply Management\u2019s service sector activity index rose to […]<\/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-159181","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159181","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=159181"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159181\/revisions"}],"predecessor-version":[{"id":159185,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159181\/revisions\/159185"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=159181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=159181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=159181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}