Stocks End Higher; S&P and Dow Jones Close at Fresh Highs
Stocks ended higher in trading on Friday, with the S&P 500 and the Dow Jones closing at new record highs. All three major indexes also ended sharply higher for the week. The Dow Jones...
Category: Forex Market Update
Stocks Edge Higher; S&P 500 and Dow Jones Close at Fresh All-Time Highs
Stocks edged higher in trading on Wednesday as better than expected Chinese trade data lifted market sentiment. The Dow Jones and the S&P 500 closed at fresh all-time highs as investors continued to pour...
U.S. Stocks Swing to Positive Territory
U.S. stocks overcame initial weakness to turn higher by midday trade on Wednesday with both S&P 500 and Dow Jones extending their fresh highs as strong economic data both from Germany and China bolstered...
Forex Market Update: Euro, Aussie Dollar Up against U.S. Dollar
The euro climbed against the U.S. dollar as prospects of further monetary easing from the European Central Bank (ECB) faded after the German industrial orders data, showed that industrial orders climbed for the second...
U.S. Economic Calendar Event Update – May 8
These are the U.S. economic calendar events for Wednesday, May 08, 2013. All times are EST. MBA Purchase Index for the week ending on 05/04 are scheduled to be released at 7:00 AM. The...
Forex Market Update: Euro Climbs against Dollar, Aussie Dollar Falls to Two-Month Low
The euro climbed sharply against the U.S. dollar during European trading hours on Tuesday following the release of unexpectedly strong German industrial orders data; however, gains could be capped as speculation still persists that...
Stocks Edge Higher in Early Trading
U.S. stocks edged higher in early trading on Tuesday as previous session’s record high close, a strong economic data from Germany and rally in Japan’s Nikkei 225 Index bolstered the sentiment. At last check,...
Stocks Rally; S&P 500 Closes at Record High Level
Stocks rallied in trading on Friday, with the S&P 500 and Dow Jones rising to record levels. Stocks surged as investors’ sentiment was lifted by better than expected nonfarm payrolls data. Figures released by...
Forex Market Update: U.S. Dollar Pares Initial Weakness after Jobs Data
The U.S. dollar traded broadly lower during European trading hours on Friday as investors remained edgy ahead of the Labor Department’s monthly non-farm payroll data. However, the U.S. dollar pared losses after the Labor...
Forex Market Update: Euro Steady against Broadly Lower U.S. Dollar
The euro held steady against the U.S. dollar on Thursday despite a rate cut being announced from the European Central Bank (ECB). Following the announcement, the euro momentarily slipped against the U.S. dollar to...