{"id":162084,"date":"2019-12-19T07:20:08","date_gmt":"2019-12-19T12:20:08","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=162084"},"modified":"2019-12-19T07:20:08","modified_gmt":"2019-12-19T12:20:08","slug":"nasdaq-notches-fifth-straight-record-close","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/nasdaq-notches-fifth-straight-record-close\/","title":{"rendered":"Nasdaq notches fifth straight record close"},"content":{"rendered":"
December 19, 2019<\/div>
\r\n<\/div><\/div>

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

\n
\n

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

US stocks <\/b> ended mixed on Wednesday after five-session record run as US-China deal euphoria abates. The S&P 500<\/a> slipped 0.04% to 3191.14 ahead of impeachment proceedings against President Donald Trump led by House Democrats. The Dow Jones <\/em> industrial average slid 0.1% to 28239.28. Nasdaq <\/em> gained 0.05% to fifth-straight record close 8827.73. The dollar strengthening accelerated as New York Fed President John Williams qualified as success central bank\u2019s actions in repo market in the aftermath of a sudden spike in short-term borrowing costs in mid-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 0.2% to 97.40 but is lower currently. Futures on US stock indices point to higher openings today.<\/p>\n

\n
\n

European stocks end mixed<\/h2>\n<\/div>\n<\/div>\n

European stock markets <\/b> ended mixed on Wednesday as investors gauge the prospect of no-deal Brexit following UK Prime Minister Boris Johnson\u2019s vow to leave the bloc by January 31, 2020. EUR\/USD <\/em> joined GBP\/USD\u2019s <\/em> continued decline yesterday with both pairs higher currently. The Stoxx Europe 600 ended flat. Germany\u2019s DAX 30 <\/em> fell 0.5% to 13222.16 despite a report showing higher than expected German Ifo business sentiment for December. France\u2019s CAC 40<\/em> slid 0.2% and UK\u2019s FTSE 100 <\/em> rose 0.2% to 7540.75 as UK inflation held steady at a three-year low of 1.5% in November.<\/p>\n

\n
\n

Shanghai Composite flat while Hang Seng dips<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today after US House of Representatives voted to impeach President Donald Trump, with Senate\u2019s turn now for trial. Republicans who control Senate say they plan to acquit him. Nikkei <\/em> lost 0.3% to 23864.85 with yen little changed against the dollar after the Bank of Japan kept its monetary policy unchanged. Chinese stocks are mixed: the Shanghai Composite Index <\/em> is flat while Hong Kong\u2019s Hang Seng Index <\/em> is down 0.3%. Australia\u2019s All Ordinaries Index lost 0.3% with Australian dollar accelerating its climb against the greenback after stronger-than-expected November jobs report.<\/p>\n

\n
\n

Brent <\/a> gains support Saudi Aramco after its inclusion in indexes<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are marginally higher today. Prices rose yesterday after Energy Information Administration reported US crude oil inventories fell by 1.1 million barrels last week, smaller than SP Global Platts analysts\u2019 forecast: February Brent crude rose 0.2% to $66.26 a barrel on Wednesday. Rising oil prices support also shares of Saudi Arabia\u2019s and world\u2019s biggest oil company \u2013 Saudi Aramco. However Saudi Aramco\u2019s shares fell almost 3% during Wednesday’s session after being included in the MSCI Emerging Markets Index (ETF: EEM) and the Saudi Tadawul Index. This is the result of profit taking of funds or retail investors who bought in advance of the company being added to the index. The company’s stock was first offered for 32 riyals ($8.53) per share on December 10. Shares closed about 0.7% lower on Tuesday, the first decline since its record-breaking initial public offering, but were still up about 18% from the IPO price. Aramco closed 10% higher after its first day of trading on December 11. Only 1.5% of the company has been sold despite an announced goal of 5%, with wealthy Saudi families and regional allies as main investment and over 97% of the retail investors exclusively from Saudi Arabia and the Gulf.<\/p>\n

\"BRENT<\/p>\n

\n
\n

Gold up<\/h2>\n<\/div>\n<\/div>\n

Gold <\/b> prices are edging higher today. The price of an ounce of gold for February delivery lost 0.1%, to $1,478.70. yesterday as the dollar strengthened.<\/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

Market Analysis provided by IFCMarkets<\/a><\/p>\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 halts US stocks ended mixed on Wednesday after five-session record run as US-China deal euphoria abates. The S&P 500 slipped 0.04% to 3191.14 ahead of impeachment proceedings against President Donald Trump led by House Democrats. The Dow Jones industrial average slid 0.1% to 28239.28. Nasdaq gained 0.05% to fifth-straight record close […]<\/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-162084","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162084","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=162084"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162084\/revisions"}],"predecessor-version":[{"id":162096,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162084\/revisions\/162096"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=162084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=162084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=162084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}