Market Overview


US stocks advanced on Monday as North Korea tensions subsided. The dollar recovered: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.2% to 92.022. S&P 500 closed 0.2% higher settling at record high 24503.87, led by financial and materials stocks. The Dow Jones industrial average rose 0.3% to 22331.35, fifth record close in a row. The Nasdaq composite index added 0.1% closing at 6454.64.

US stocks slipped on Thursday led by retailer shares. The dollar weakened despite 0.4% rise in consumer prices in August instead of an expected 0.3% gain: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 0.3% to 92.065. Dow Jones industrial average managed to close at record high third consecutive session adding 0.2% to 22203.48. The S&P 500 slipped 0.1% settling at 2495.62. The Nasdaq index fell 0.5% closing at 6429.08.

US stock indices closed at fresh record highs in a choppy trade on Wednesday. The dollar strengthened as producer price index rose 0.2% in August after 0.1% decline in July: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.5% to 92.388. The S&P 500 advanced 1.89 points settling at 2498.37 led by energy and consumer discretionary shares which offset 0.8% drop in Apple shares. The Dow Jones rose 0.2% to 22158.18. Nasdaq composite added 0.1% to 6460.19.

US stock indices hit record highs as concerns about hurricane damages and tensions in the Korean Peninsula receded. The dollar was little changed: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, slipped less than 0.1% to 91.899. The S&P 500 rose 0.3% settling at record high 2496.48, led by financial stocks. Dow Jones industrial average added 0.3% closing at fresh record high 22118.86 with gains limited by 3.2% fall in McDonalds shares on a bearish rating. The Nasdaq composite index gained 0.3% to record high 6454.28.

US stock indices advanced on Monday as geopolitical tensions subsided after North Korea refrained from a missile launch over the weekend and Hurricane Irma proved less destructive than feared. The dollar recovered: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.6% to 91.911. S&P 500 closed 1.1% higher settling at record high 2488.11, led by technology and financial stocks. The Dow Jones industrial average jumped 1.2% to 22057.37. The Nasdaq composite index gained 1.1% closing at 6432.26.

US stocks closed lower on Friday with concern about possible missile launch by North Korea on Saturday and damage from approaching Hurricane Irma weighed on market sentiment. The dollar weakened: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, inched down 0.2% to 91.34. S&P 500 slipped 0.1% to 2461.43. However the Dow Jones industrial average finished 0.1% higher at 21797.79. The Nasdaq composite index fell 0.6 % closing at 6360.19.

US stocks retreated on Thursday led by telecommunications stocks, financials and consumer discretionary sectors. The dollar fell on the back of sharp euro rise as the European Central Bank left policy unchanged: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 0.8% to 91.523. Dow Jones industrial average lost 0.1% closing at 21784.78 with shares of Walt Disney and Goldman Sachs the biggest decliners. The S&P 500 slipped 0.1% settling at 2465.10. The Nasdaq index managed to gain 0.1% closing at 6397.37.

US stocks posted gains on Wednesday after President Trump and congressional lawmakers agreed to fund government and raise debt limit to December 15. The dollar slipped after Bank of Canada unexpectedly raised interest rate 0.25 percentage points to 1 percent : the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, inched lower less than 0.1% to 92.22. The S&P 500 advanced 0.3% settling at 2465.54 led by energy shares. Nine out of 11 main sectors ended higher. The Dow Jones industrial average added 0.3% to 21807.64. Nasdaq composite rose 0.3% to 6393.31.

US stock index futures fell on Tuesday as investors reacted to North Korea’s nuclear test Sunday. Trading was thin as traders returned from Labor Day holiday. The dollar weakened: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 0.3% to 92.292. The S&P 500 lost 0.8% settling at 2457.85, with eight out of 11 main sectors closing lower. Dow Jones industrial average fell 1.1% closing at 21753.31. The Nasdaq composite index dropped 0.9% to 6375.57.

US stock index futures fell on Monday as geopolitical tensions flared after North Korea conducted its largest nuclear test yet. US markets were closed for Labor Day holiday and will be reopening today. The dollar weakened: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 0.2% to 92.598. S&P 500 futures closed 0.3% lower settling at 2467.75. The Dow Jones industrial average futures lost 0.3% to 21925.00. The Nasdaq composite index futures slipped 0.2% closing at 5975.00.

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