{"id":163805,"date":"2020-01-24T07:32:49","date_gmt":"2020-01-24T12:32:49","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=163805"},"modified":"2020-01-24T07:32:49","modified_gmt":"2020-01-24T12:32:49","slug":"nasdaq-notches-record-finish","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/01\/nasdaq-notches-record-finish\/","title":{"rendered":"Nasdaq notches record finish"},"content":{"rendered":"
January 24, 2020<\/div>
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By IFCMarkets<\/a><\/p>\n

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

US stock market <\/b> had another choppy session on Thursday as investors worried about negative impact of coronavirus infection in China. The S&P 500<\/a> gained 0.1% to 3325.50. The Dow Jones <\/em> industrial average extended losses 0.1% to 29160.09. Nasdaq <\/a> composite index added 0.2% to 9402.48. The dollar weakening reversed as layoffs remained near a 50-year low though the number of people applying for first time jobless benefits rose by 6,000 to 211,000 last week: 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 97.67 and is higher currently. Futures on stock indexes point to higher openings today.<\/p>\n

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DAX led European indexes retreat after dovish ECB statement<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> extended losses on Thursday. Both the GBP\/USD <\/em> and EUR\/USD<\/em> reversed their climbing yesterday with Pound turning higher currently while euro lower still. The Stoxx Europe 600 index broadened it decline to 0.7% as European Central Bank (ECB) President Christine Lagarde\u2019s said the risks for euro-zone economy were still \u201ctiled to the downside.\u201d The ECB held its interest rates steady Thursday and launched a strategic policy review to establish whether its inflation target is still appropriate. Germany\u2019s DAX 30 <\/a> fell 0.94% to 13388.42. France\u2019s CAC 40 <\/em> slid 0.65% while UK\u2019s FTSE 100 <\/em> lost 0.85% to 7507.67.<\/p>\n

\"NIKKEI<\/p>\n

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Nikkei leads Asian indexes recovery<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly higher today. Nikkei <\/em> ended up 0.1% at 23827.18 with yen little changed against dollar. Markets in China are closed ahead of the Lunar New Year starting Saturday. Hong Kong\u2019s Hang Seng Index <\/em> is 0.03% lower. Australia\u2019s All Ordinaries Index recovered 0.04% with Australian dollar flat against the greenback.<\/p>\n

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Brent <\/a> up as US inventories fall<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are rebounding today. Prices ended lower yesterday: March Brent crude lost 1.9% to $62.04 a barrel on Thursday. Energy Information Administration data revealed that US crude supplies fell by 400,000 barrels last week. The report was released a day later than usual because of Monday\u2019s Martin Luther King Jr. holiday.<\/p>\n

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

Gold <\/b> prices are retreating today. Prices rebounded on Thursday: February gold added 0.3% to $1561.70 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 continues US stock market had another choppy session on Thursday as investors worried about negative impact of coronavirus infection in China. The S&P 500 gained 0.1% to 3325.50. The Dow Jones industrial average extended losses 0.1% to 29160.09. Nasdaq composite index added 0.2% to 9402.48. The dollar weakening reversed as layoffs […]<\/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-163805","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163805","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=163805"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163805\/revisions"}],"predecessor-version":[{"id":163807,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163805\/revisions\/163807"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=163805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=163805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=163805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}