The major stock indices are closing near session highs with the NASDAQ index leading the way. All 3 major indices are closing above their 100-day moving averages (bullish). All 3 indices are closing higher for the week. A snapshot of closing levels shows: Dow industrial average +391.16 points or 1.15% at 34283.09. Its 100-day moving
S&P 500 weekly chart Closing changes on the day: S&P 500 up +1.00% DJIA +0.7% Russell 2000 +2.7% Nasdaq Comp +1.4% Toronto TSX Comp +1.0% On the week: S&P 500 up 5.9% — best since Nov 2022 DJIA +5.1% Russell 2000 +7.6% — best since Feb 2021 Nasdaq Comp +6.6% Toronto TSX Comp +5.8% The
Share: GBP/USD regains 1.22. Economists at Scotiabank analyze the pair’s outlook. Sterling’s short-term pattern of trade looks encouraging Sterling’s short-term pattern of trade looks encouraging and the resilience of demand for the Pound on weakness over the past month or more is notable. Trend momentum is supportive on the intraday studies but less
As 10-year Treasury yields basically undoes whatever happened in October, equities are finding much comfort especially in the last two days. Tech stocks have been surging but general sentiment in itself is extremely buoyed as major indices look to wrap up the week with another round of gains. That would make it five for five
Share: The GBP/JPY slipped back towards the 181.00 handle heading into the Friday close. The Yen is seeing recovery across the marketspace, sending the GBP down 1.3% from the week’s high. BoJ policy statement due next Tuesday, BoE rate call Thursday. The GBP/JPY twisted back into familiar low side territory for the week,
The major US stock indices are closing the day with mixed results, but all are down for the week. A snapshot of the closing level shows: Dow industrial average -366.71 points or -1.12% at 32417.60 S&P index -19.86 points or -0.48% at 4117.36 NASDAQ index rose 47.4 points or 0.38% at 12643.00 For the trading
Just when you thought that the backing off from 5% might trigger a bit more of a retracement, it all but lasted a day – more or less. 10-year Treasury yields hit above 5% for the first time since 2007 on Monday before falling to near 4.80% subsequently. But now, we’re talking about a return
Today marked the fifth day in the past six of declines. The past three have been particularly bruising and we closed on the lows again today. Closing changes on the day: Stoxx 600 -1.3% German DAX -1.6% UK FTSE 100 -1.3% French CAC -1.4% Italy MIB -1.4% Spain IBEX -1.2% On the week: Stoxx 600
US stocks are closing the session at the lows with the Nasdaq index leading the way. The final numbers are showing: Dow industrial average -286.91 points or -0.86% at 33127.27 S&P index -53.84 points or -1.26% at 4224.15 NASDAQ index is down -202.38 points or -1.53% at 12983.80 For the trading week, the NASDAQ fell
The major European stock indices are closing the day lower. The German Dax was the weakest. German Dax -1.55% at 15186.67 France CAC -1.42% at 7003.54 UK’s FTSE 100 -0.59% at 7599.59 Spain’s Ibex -1.10% at 9232.91 Italy’s FTSE MIB -0.92% at 28230.89 For the trading week, the indices are closing with mixed results: German
