
On Friday, the Dow managed to conclude the trading session up on upbeat mood after American leader told that a trade agreement with China is real…
On Friday, US equities went down due to the fact that the G20 summit in Argentina burst out and market participants awaited news of probable trade talk progress between China and America.
The S&P 500 went down by 0.09% ending up with 2,734.12, while the Dow slumped by 0.19% trading at 25,291.76, while the tech-heavy Nasdaq Composite sank by 0.16% hitting 7,2681.27.
US leader and his Chinese rival Xi Jinping are expected to hold negotiations at the sidelines of the G20. The market was briefly boosted by US leader’s remarks on Thursday that he was about to doing something to normalize trading with China. However, Donald Trump added that he wasn’t sure he was willing to do this.
US President is also anticipated to meet with Russian leader Vladimir Putin, as the Kremlin told on Friday. However, on Thursday, Trump wrote on Tweeter that his official meeting with Russian President had been cancelled.
In addition to this, Splunk turned out to be among the top performers after the morning bell, heading north by up to 6% right after the software company surpassed forecasts for the fourth consecutive year. Moreover, Chinese e-commerce company Alibaba managed to tack on by up to 1.22%.
Marriott went down by 6% following news of a huge data breach of customers’ personal data, which had an impact on about 500 million users. As for Goldman Sachs, its equities headed south by nearly 2%, while Advanced Micro Devices inched down by approximately 3%. Additionally, General Electric went down by 5%.
As for commodities, gold futures went down by 0.67% trading at $1,222.20 a troy ounce, while crude futures declined by 3% ending up with $49.71 a barrel.
Measuring the greenback’s purchasing potential versus its primary counterparts the USD index rallied by 0.39% trading at 97.08.
On Friday, the Dow managed to conclude the trading session up on upbeat mood after American leader told that a trade agreement with China is real…
On Wednesday, upbeat signs from trade negotiations between the world's two leading economies spurred EU equities, while the threat of a blocked merger deal had Sainsbury's shares suppressed…
On Tuesday, American shares struggled for direction due to the fact that profits in Walmart compensated losses in financials, with trade negotiations between China and America in focus…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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