{"id":159857,"date":"2019-11-15T07:03:07","date_gmt":"2019-11-15T12:03:07","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=159857"},"modified":"2019-11-15T07:03:07","modified_gmt":"2019-11-15T12:03:07","slug":"sp500-records-stretch-intact","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/11\/sp500-records-stretch-intact\/","title":{"rendered":"SP500 records stretch intact"},"content":{"rendered":"
November 15, 2019<\/div>
\r\n<\/div><\/div>

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

\n
\n

Dollar strengthening reversed after Bullard comment<\/h2>\n<\/div>\n<\/div>\n

US stocks <\/b> recorded another session of cautious trading on Thursday as US-China trade deal optimism subsides despite Washington confirming China ended a ban on American chicken . The S&P 500<\/a> gained 0.1% to fresh record 3096.63. The Dow Jones <\/em> industrial average however slipped 0.01% to 27781.96 weighed by 7.3% drop in Cisco on disappointing outlook. Nasdaq <\/a> composite index slid 0.04% to 8479.02. The dollar strengthening reversed as data showed initial jobless claims rose to nearly five month high, and St Louis Fed president Bullard said the \u201ckey risk\u201d facing the US economy is a sharper-than-expected slowdown, despite the Fed\u2019s recent interest rate cuts. 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, fell 0.2% to 98.14 but is higher currently. Futures on US stock indices point to higher openings.<\/p>\n

\n
\n

FTSE 100 leads European indexes losses<\/h2>\n<\/div>\n<\/div>\n

European stock indexes <\/b> retreat deepened on Thursday with weak data offering little support. EUR\/USD<\/em> slowed its decline yesterday as GBP\/USD <\/em> accelerated its climb with both pairs lower currently. The Stoxx Europe 600 index ended 0.4% lower. Germany\u2019s DAX 30 <\/a> lost 0.4% to 13180.23 as German Q3 GDP was reported at 0.1% after 0.1% decline in the second quarter and car maker Daimler fell 4.6% on negative outlook due to tougher new emission regulations. France\u2019s CAC 40 <\/em> slipped 0.1% and UK\u2019s FTSE 100 <\/em> fell 0.8% to 7292.76 as UK retail sales\u2019 quarterly growth slowed to lowest rate in sixteen months – 0.2% in the three month s to October.<\/p>\n

\"FR40<\/p>\n

\n
\n

Hang Seng falls for 6th consecutive session<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are still mixed today despite president Trump\u2019s economic adviser Larry Kudlow remark US-China trade deal was close. Nikkei <\/em> rose 0.7% to 23303.32 as yen resumed its slide against dollar. Chinese stocks are mixed after the Commerce Ministry emphasized that the cancellation of tariffs was important to concluding a deal: the Shanghai Composite Index <\/em> is down 0.6% while Hong Kong\u2019s Hang Seng Index <\/em> is 0.1% lower. Australia\u2019s All Ordinaries Index extended gains 0.9% despite resumed Australian dollar climb against the greenback.<\/p>\n

\n
\n

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

Brent futures prices <\/b> are edging higher today. Prices ended lower yesterday after Energy Information Administration report US crude oil inventories rose by 2.2 million barrels last week while gasoline stocks fell by 2.5 million: January Brent crude fell 0.1% to $62.28 a barrel on Thursday.<\/p>\n

Market 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 strengthening reversed after Bullard comment US stocks recorded another session of cautious trading on Thursday as US-China trade deal optimism subsides despite Washington confirming China ended a ban on American chicken . The S&P 500 gained 0.1% to fresh record 3096.63. The Dow Jones industrial average however slipped 0.01% to 27781.96 weighed […]<\/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-159857","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159857","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=159857"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159857\/revisions"}],"predecessor-version":[{"id":159859,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159857\/revisions\/159859"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=159857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=159857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=159857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}