|
| |
Market Wrap: Stocks, Bonds, Commodities |
|
|
| |
|
|
|
| |
On Friday, major U.S. stock indexes posted modest gains, with the S&P 500 adding 13 points (+0.19%) to 6,870, and the Nasdaq 100 up 110 points (+0.43%) to 25,692.
The Dow Jones Industrial Average rose 104 points (+0.22%) to 47,954.
On a weekly basis, the indexes marked a second straight week of gains.
The U.S. 10-year yield climbed 3.9 basis points to 4.139%.
Meanwhile, the U.S. Federal Reserve is widely expected to cut interest rates by 25 basis points on Wednesday.
Netflix (NFLX) fell 2.89% after announcing its acquisition of Warner Bros Discovery's TV & film studios and streaming division for 72 billion dollars.
Paramount Skydance (PSKY) tumbled 9.82%.
Ulta Beauty (ULTA) jumped 12.65%, becoming the top-performing stock in the S&P 500. The leading cosmetics retailer raised its full-year sales forecast.
Dollar General (DG) gained 5.65% on strong third-quarter earnings and an upbeat full-year business outlook.
In Europe, the DAX 40 rose 0.61%, while the CAC 40 dipped 0.09%, and the FTSE 100 was down 0.45%.
Gold price once jumped up to 4,259 dollars an ounce before retreating to 4,198 dollars, down 10 dollars for the day.
U.S. WTI crude futures added 41 cents to 60.08 dollars a barrel, posting a three-session rally.
|
| |
|
|
|
|
|
|
|
|
| |
On Friday, the U.S. dollar index dipped back below the level of 99.
EUR/USD was little changed at 1.1644.
USD/JPY gained 20 pips to 155.28 after declining for two sessions.
GBP/USD added 10 pips to 1.3335, and AUD/USD rose 31 pips to 0.6640.
USD/CHF edged up 7 pips to 0.8042.
USD/CAD slid 130 pips to 1.3826. Canada posted a better-than-expected jobs report for November, with the jobless rate falling to 6.5%.
Bitcoin tumbled 3% on Friday, but managed to bounce back to levels over 90,000 dollars over the weekend.
|
| |
|
|
|
|
|
|
|
|
| |
On Monday, in Asian trading hours, USD/JPY retreated to 155.00.
Japan's data showed that gross domestic product shrank a faster annualised of 2.3% in the third quarter, rather than 1.8% initially estimated.
Meanwhile, EUR/USD traded higher at 1.1653, and GBP/USD edged up to 1.3340.
Gold traded at levels above 4,200 dollars an ounce.
Bitcoin rebounded further to levels above 91,000 dollars.
|
| |
|
|
|
|
|
|
|
|
| |
China's exports are expected to grow 3.2% year on year in November.
Germany's industrial production may increase 0.4% month on month in October.
|
| |
|
|
|
|
|
