|
| |
Market Wrap: Stocks, Bonds, Commodities |
|
|
| |
|
|
|
| |
On Thursday, the Dow Jones Industrial Average edged up 15 points (+0.04%) to 42,342, ending a 10-session losing streak.
The S&P 500 eased 5 points (-0.09%) to 5,867, and the Nasdaq 100 fell 98 points (-0.47%) to 21,110.
Meanwhile, the U.S. 10-year Treasury yield gained a further 8 basis points to 4.570%.
Palantir Technologies (PLTR) rose 3.78%, Nvidia (NVDA) gained 1.37%, and Amazon.com (AMZN) was up 1.26%.
Darden Restaurants (DRI) surged 14.74%. The restaurant operator gave a better-than-expected operation outlook.
Micron Technology (MU) plunged 16.18%. The chip-maker issued a lower-than-expected current-quarter result guidance.
Lennar (LEN) fell 5.16%. The homebuilder's quarterly results missed market expectations.
Regarding U.S. economic data, the third-quarter gross domestic product (GDP) growth was revised upwards to 3.1% from 2.8% previously reported.
The latest number of initial jobless claims fell to 220,000 (vs 235,000 expected, 242,000 in the previous week). Existing home sales increased 4.8% month on month in November (vs +1.0% expected).
European stocks closed lower, with the DAX 40 falling 1.35%, the CAC 40 down 1.22%, and the FTSE 100 down 1.14%.
U.S. WTI crude-oil futures eased $0.64 to 69.38 dollars a barrel.
Gold price added $8 to 2,594 dollars an ounce.
|
| |
|
|
|
|
|
|
|
|
| |
The U.S. dollar index was firm at a two-year high of 108.41.
USD/JPY surged 255 pips (+1.65%) to 157.35. As expected, the Bank of Japan maintained its key interest rate unchanged at 0.25%.
GBP/USD dropped 80 pips to 1.2493. The Bank of England held its key interest rate steady at 4.75%, as expected.
EUR/USD added 10 pips to 1.0362.
AUD/USD rose 21 pips to 0.6238.
USD/CHF retreated 23 pips to 0.8984, and USD/CAD slipped 54 pips to 1.4393.
Bitcoin was down for a second session, falling 2% to 98,280 dollars.
|
| |
|
|
|
|
|
|
|
|
| |
In Asian trading hours, USD/JPY retreated to 157.00. This morning, Japan's data showed that the inflation rate accelerated to 2.9% year on year in November (vs 2.5% expected, 2.3% in October).
EUR/USD was little changed at 1.0361. GBP/USD traded lower to 1.2483, extending its decline to a third session.
And AUD/USD softened to 0.6225.
Gold price was stable at 2,596 dollars an ounce.
Bitcoin saw choppy trading, easing further to 97,500 dollars.
|
| |
|
|
|
|
|
|
|
|
| |
U.S. core personal consumption expenditure (PCE) price inflation rate is expected to rise to 2.9% year on year in November.
U.K. retail sales may increase 0.5% month on month in November.
Germany's producer prices are expected to decline 0.3% year on year in November.
France's producer prices may fall 8.0% year on year in November.
Canada's retail sales are expected to grow 0.7% month on month in October.
|
| |
|
|
|
|
|
