{"id":163440,"date":"2020-01-17T07:09:22","date_gmt":"2020-01-17T12:09:22","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=163440"},"modified":"2020-01-17T07:09:22","modified_gmt":"2020-01-17T12:09:22","slug":"main-us-indexes-post-records-with-trade-optimism-intact","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/01\/main-us-indexes-post-records-with-trade-optimism-intact\/","title":{"rendered":"Main US indexes post records with trade optimism intact"},"content":{"rendered":"
January 17, 2020<\/div>
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By IFCMarkets<\/a><\/p>\n

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

US stock market <\/b> rally continued on Thursday as Senate overwhelmingly approved the US-Mexico-Canada Agreement a day after the phase one trade deal with China. The S&P 500<\/a> gained 0.8% to new record 3316.81. The Dow Jones <\/em> industrial average advanced 0.9% to fresh record 29927.64. Nasdaq <\/a> composite index rallied 1.1% to record 9357.13. The dollar weakening reversed as the number of people applying for first time jobless benefits fell for the fifth week in a row and retail sales increased at expected 0.3% last month: 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, added 0.1% to 97.29 and is higher currently. Futures in stock indexes point to higher openings today.<\/p>\n

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CAC 40 rose while European indexes slipped<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> extended gains on Thursday buoyed by trade optimism. The GBP\/USD <\/em> climb continued yesterday with EUR\/USD<\/em> turning lower and no change in the dynamics for both pairs. The Stoxx Europe 600 index ended 0.2% higher led by utility stocks. Germany\u2019s DAX 30 <\/a> slipped 0.02% to 13429.43. France\u2019s CAC 40 <\/em> however rose 0.1% while UK\u2019s FTSE 100 <\/em> lost 0.4% to 7609.81.<\/p>\n

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Asian indexes advance continues<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly higher today. Nikkei <\/em> ended up 0.5% at 24041.26 with yen slide against dollar slowing. Chinese stocks are rising despite report China\u2019s economic growth slowed to three-decade low 6.1%: the Shanghai Composite Index <\/em> is up 0.05% while Hong Kong\u2019s Hang Seng Index <\/em> is 0.5% higher. Australia\u2019s All Ordinaries Index extended gains 0.3% despite Australian dollar reversing its slide against the greenback.<\/p>\n

\"NIKKEI<\/p>\n

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

Brent futures prices <\/b> are extending gains today. Prices ended higher yesterday: March Brent crude rose 1% to $64.62 a barrel on Thursday.<\/p>\n

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

Gold <\/b> prices are rebounding today. Prices slid on Thursday: February gold lost 0.2% to $1550.50 an ounce.<\/p>

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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 resumed US stock market rally continued on Thursday as Senate overwhelmingly approved the US-Mexico-Canada Agreement a day after the phase one trade deal with China. The S&P 500 gained 0.8% to new record 3316.81. The Dow Jones industrial average advanced 0.9% to fresh record 29927.64. Nasdaq composite index rallied 1.1% 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-163440","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163440","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=163440"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163440\/revisions"}],"predecessor-version":[{"id":163444,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163440\/revisions\/163444"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=163440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=163440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=163440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}