Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Dow Jones stalls into the weekly close
On Friday the Dow Jones was unable to set a higher daily close, but it did manage to post a record weekly close, but only just, when it closed at 38,671. The index had closed on February 2 at 38,654. So, despite setting a new opening record, at 38,731, the index was not able to advance beyond the current record high set on Thursday, at 38,755, because it topped out immediately at 38,734. There was also a clear divergence between the Dow and the Nasdaq 100 and even gains for Microsoft and Apple (the 2 tech giants in the Dow) were not able to keep pace with the broader tech sector on Friday. Overnight the Dow Jones have edged a little lower, but in percentage terms the moves are very slight so far today. The Dow Jones is currently priced to reopen later today at around 38,660
Market News
All News-
US stocks kick off in the red but opening losses pared- check out the Nasdaq 100 now
The US stock markets have not long ago opened for live trading and it has been an across the board lower start to the new trading session. The dollar... -
EUR/USD under pressure again
The two aforementioned US data releases have now come out and in dollar reaction terms they were broadly positive, especially the Philadelphia Fed... -
Next up US jobless claims and Philly index- USD/JPY primed to move again?
Shortly at 12.30pm GMT we will get some reasonably important US economic releases. The first is the usual weekly jobless claims, which are perhaps...
