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On Friday, American futures generally headed north. The focus of investors' attention is the trade talks between the United States and China.
The Dow blue-chip index futures dived 0.32%, being worth 24784.0, while the S&P 500 futures rallied 0.22%, hitting 2,718.75. Futures of the high-tech Nasdaq 100 soared by 0.25%, reaching 6923.00.
In Washington, official delegations of the United States and China are trying to find a way out of the trade conflict between the two leading nations. On Thursday, American officials told that China agreed to change the surplus of trade with the United States due to the annual acquisition of US goods worth about $200 billion, although the Chinese authorities denied the very existence of such a pact.
In recent months, both countries have uncovered the introduction of tariffs on each other's goods.
Market participants were also focused on the surge of yield on American government bonds. The revenue on 10-year US government bonds went down by 0.04% to 3,108% after it came up with a maximum of seven years 3,126%.
The surge of the yield of American bonds and the acceleration of inflation backed forecasts for further tightening of the monetary policy of the key US financial institution.
Shares of Baidu Inc. headed south 6.14%, and Applied Materials lost 5.49%.
As for European stock markets, they demonstrated quite mixed dynamics of trading. The French CAC 40 managed to acquire by 0.08%, the German DAX slumped by 0.02%, and the London FTSE 100 dived by 0.18%. The Euro Stoxx 50 index leapt by 0.03%, while the Spanish IBEX 35 dipped by 0.35%.
Gold futures went down 0.28% being worth $1,285.8, while WTI futures tacked on 0.10% trading at $71.58 a barrel. Additionally, the US dollar index, showing the purchasing power of the US currency to the group of six major currencies, rallied by 0.13% to 93.50.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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