brent

  1. IFC Markets

    Global equities retreat persists

    SP500 falls despite strong data US stock market snapped three session winning streak Friday despite positive data. The S&P 500 lost 0.6% to 2859.53, ending 0.8% lower for the week notwithstanding announcement US and Canada reached a deal to end tariffs on aluminum and steel products from...
  2. IFC Markets

    US-China trade face-off a drag on markets

    US stocks fall for second day US stock market retreat deepened on Tuesday after US Trade Representative Lighthizer confirmation Monday that Washington will increase tariffs on $200 billion in Chinese goods early Friday following President Trump’s Sunday tweet. The S&P 500 lost 1.7% to 2884.05...
  3. IFC Markets

    Strong GDP report pushes US stocks to record high

    Dollar weakens despite stronger than expected GDP data US stock market rebounded on Friday boosted by stronger than expected GDP report. The S&P 500 rose 0.5% to record high 2939.88, ending 1.2% higher for the week. Dow Jones industrial advanced 0.3% to 26543.33. The Nasdaq gained 0.3% to fresh...
  4. IFC Markets

    US stocks end mixed on mixed data

    Dollar declines on existing homes sales fall US stock market edged higher on Monday on mixed data after reopening following Easter Holiday. The S&P 500 added 0.1% to 2907.97 as the Chicago Fed national activity index rose to negative 0.15 in March from negative 0.31 in February. Dow Jones...
  5. IFC Markets

    US market pauses ahead of earnings

    Dollar strengthening resumes on initial claims data US stock market advance paused on Thursday as investors awaited first quarter earnings reports of JPMorgan and Wells Fargo due today. The S&P 500 added 0.11 points to 2888.32. The Dow Jones industrial average slipped 0.05% to 26143.05. Nasdaq...
  6. IFC Markets

    US stocks advance fifth straight session

    Dollar falls on disappointing ADP report US stock market extended gains on Wednesday as China’s Vice Premier Liu He was scheduled to meet with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. The S&P 500 gained 0.2% to 2873.40. The Dow Jones industrial average...
  7. IFC Markets

    Stocks rebound as US-China talks resume

    Dollar strengthens despite Q4 GDP downgrade US stock market rebounded on Thursday as US and China resumed high level negotiations in Beijing. The S&P 500rose 0.4% to 2815.44. The Dow Jones industrial average advanced 0.4% to 25717.46. Nasdaq composite index added 0.3% to 7669.17. The dollar...
  8. IFC Markets

    US stocks pull back as cautious mood endures

    Dollar gains on trade deficit narrowing US stock market pulled back on Wednesday as bond yields continued falling while demand for safer government debt remained strong. The S&P 500 slid 0.5% to 2805.37. The Dow Jones industrial average slipped 0.1% to 25625.59. Nasdaq composite index fell 0.6%...
  9. IFC Markets

    US stocks close higher

    Dollar weakening stalls despite soft data US stock market resumed advancing on Tuesday led by energy and financial shares. The S&P 500 rose 0.7% to 2818.46. Dow Jones added 0.6% to 25657.73. The Nasdaq gained 0.7% to 7691.52. The dollar weakening stalled despite soft data indicating housing...
  10. IFC Markets

    Global stocks mixed as slowdown concerns linger

    Dow edges higher led by Boeing data US stock market slide continued on Monday. The S&P 500 slipped 0.1% to 2798.36. Dow Jones industrial however managed to end 0.1% higher at 25516.83 thanks to Boeing 2.3% rebound. The Nasdaq composite slid 0.1% to 7637.54. The dollar weakened: the live dollar...
  11. IFC Markets

    Stocks fall as yield curve inverts

    Dollar strengthens on strong home sales data US stock market ended sharply lower on Friday as the spread between three-month and 10-year yields turned negative. S&P 500 fell 1.9% to 2800.71, closing 0.8% lower for the week. Dow Jones industrial fell 1.8% to 25502.32. The Nasdaq dropped 2.5% to...
  12. IFC Markets

    Technology rally leads US stocks higher

    Dollar strengthens as Philadelphia Fed index recovers US stock market rebounded on Thursday led by technology. The S&P 500 rose 1.1% to 2854.88 led by 3.7% Apple surge on analysts’ upgrade. The Dow Jones industrial average advanced 0.8% to 25709.94. Nasdaq composite index rallied 1.4% to...
  13. IFC Markets

    Fed cuts rate hikes projections to zero

    Stocks fall and dollar weakens after dovish Fed US stock market continued retreating on Wednesday led by bank shares after dovish Fed decision. The S&P 500 slid 0.3% to 2824.23. The Dow Jones industrial average fell 0.6% to 25745.67. Nasdaq composite index however added 0.1% to 7728.97. The...
  14. IFC Markets

    Fed announces interest rate decision today

    US stocks end mostly lower US stock market ended marginally lower on Tuesday as investors risk appetite was undermined by reports China resists to US demands in trade negotiations. The S&P 500 slipped 0.01% to 2832.57. Dow Jones slid 0.1% to 25887.38. The Nasdaq however rose 0.1% to 7723.95...
  15. IFC Markets

    US stocks resumed gaining

    Dollar weakens after weaker than expected industrial data US stock market resumed advancing on Friday. S&P 500 rose 0.5% to 2822.48, closing 2.9% higher for the week.Dow Jones industrial gained 0.5% to 25848.87. The Nasdaq added 0.8% to 7688.53. The dollar strengthening reversed on a weaker...
  16. IFC Markets

    US stock market edges higher

    Dollar weakening pauses as inflation rises US stock market added to previous session gains on Tuesday led by the health care and utilities shares. The S&P 500 gained 0.3% to 2791.52. Dow Jones however slid 0.4% to 25554.66 dragged by continued slump of Boeing as more airlines grounded their...
  17. IFC Markets

    US stocks snap five-session losing streak

    Dollar weakens despite retail sales recovery US stock market rebounded on Monday led by technology shares. The S&P 500 advanced 1.5% to 2783.30. Dow Jones industrial gained 0.8% to 25650.88. The Nasdaq composite jumped 2% to 7558.06. The dollar weakening accelerated despite data showing above...
  18. IFC Markets

    Equities retreat on global slowing concerns

    Dollar weakens after weaker than expected jobs data US stock market extended losses fifth session in a row on Friday with weak labor market and China export data undermining market sentiment. S&P 500 slid 0.2% to 2743.07, closing 2.2% lower for the week. Dow Jones industrial slipped 0.1% to...
  19. IFC Markets

    S&P 500 closes lower for third session

    Dollar pauses as trade deficit soars US stock market pulled back third session in a row on Wednesday amid new round of weak data. The S&P 500 lost 0.7% to 2771.45. The Dow Jones industrial average slid 0.5% to 25673.46 led by technology, energy and health-care stocks. Nasdaq composite index...
  20. IFC Markets

    US stocks pause as trade optimism ebbs

    Dollar strengthens despite falling construction spending US stock market pulled back on Monday as optimism about possible US-China trade deal by the end of month receded. Washington delayed the raising of tariffs on $200 billion in Chinese goods initially set to increase to $25% from 10% on the...