Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
Best Prop Firm - Smartproptrader Discount Code
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="supertrader9, post: 222006, member: 32878"] MARKET COMMENTARY Market Wrap: Stocks, Bonds, Commodities On Thursday, major U.S. stock indexes closed mixed. The Dow Jones Industrial Average rose 269 points (+0.80%) to 34,122, the S&P 500 climbed 19 points (+0.45%) to 4,396, while the Nasdaq 100 declined 24 points (-0.16%) to 14,939. Banks (+2.62%), insurance (+1.50%), and materials (+1.27%) stock sectors were the top performers, while media (-0.81%) and food & staples retailing (-0.47%) stock sectors lagged behind. Bank stocks rallied as major banks passed the Federal Reserve's annual stress test. JPMorgan Chase (JPM) rose 3.49%, Bank of America (BAC) climbed 2.10%, and Wells Fargo (WFC) gained 4.51%. Occidental Petroleum (OXY) added 1.84% after Berkshire Hathaway Inc (BRKA) reported a higher stake of over 25% in the energy company. On the other hand, Micron Technology (MU) fell 4.09%, Intel (INTC) dropped 1.97%, and Nvidia (NVDA) was down 0.72%. Uber Technologies (UBER) slid 3.75% on reports that the company's chief executive sold 100,000 shares in the company. Stronger-than-expected economic data raised expectations that the Federal Reserve would keep interest rates higher for longer. The latest number of initial jobless claims fell to 239,000 (vs 266,000 expected). First-quarter gross domestic product growth was confirmed at an annualized rate of 2.0% (vs +1.3% previously estimated). The U.S. 10-year Treasury yield jumped 13.3 basis points to 3.840%. European stocks closed mixed. The DAX 40 was flat, while the CAC 40 rose 0.36%, and the FTSE 100 was down 0.38%. U.S. WTI crude futures rose $0.30 to $69.86 a barrel. Gold was little changed at $1,908 an ounce. Market Wrap: Forex The U.S. dollar index rose to a two-week high of 103.35. EUR/USD declined 46 pips to 1.0867. Germany's inflation rate remained stable at 6.4% on year in June (as expected). USD/JPY climbed 32 pips to 144.80. This morning, Japan's data showed that the jobless rate remained stable at 2.6% in May (as expected), and industrial production declined 1.6% on month (vs +0.1% expected). Tokyo's core inflation rate was steady at 3.2% on year in June (as expected). GBP/USD lost 24 pips to 1.2610. AUD/USD added 19 pips to 0.6619. USD/CHF gained 26 pips to 0.8995, while USD/CAD dipped 9 pips to 1.3249. Bitcoin remained firm gaining over 1% to $30,500. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…