US stocks finish the week higher

25 December, 2015

US stocks closed mixed on Thursday amid low liquidity, booking gains for the holiday-shortened week helped by oil’s comeback. The Dow Jones Industrial Average dropped 50.44 points, or 0.29%, to 17,552.17 and finished the week up2.5%. The S&P 500 fell 3.32 points, or 0.16%, to 2,060.97, posting a2.8%weekly gain. The Nasdaq Composite rose 2 points, or 0.05%, to 5,048.49 and posted a 2.6% gain over the week.

The US stock market closed at 18:00 GMT on Thursday and will stay closed on Friday for Christmas Day.


Source link  
Dollar risks getting dumped

While today's US inflation report is getting touted as being key for the short-term direction of travel for global markets, we're a bit more sceptical...

Gold drops to 4-month low

Gold (XAU/USD) hits a four-month low of $1256. 08 today as yield curve continues to collapse on speculation that tax reform would open doors for faster...

Euro approaching the support level

A break of $1.1800 would be technically important. Sterling, like the euro, appears to have traced out a reversal candlestick pattern-shooting...


Gold holds steady near 6-week highs

Gold trimmed of the early gains to a six-week high and retreated to the $1262 region during early the European session, albeit has managed to hold...

USD stays under pressure on politics

The US dollar inched up from a 13-month low against a basket of six major currencies touched in early trading, assisted by strongerthan-expected...

Dollar rebounds from multi-month lows

The greenback selling pressure seems to have abated for the time being, with the key US Dollar Index (DXY) bouncing off 9-month lows...


EUR/GBP jumps to fresh yearly tops

The EUR/GBP cross was seen building on previous session's strong up-move and has now jumped to fresh yearly tops near 0.8875...

USD: Fed being a little more hawkish

The dollar picked up over the past week, and this continued to be in reaction to a Fed that is being a little more hawkish...

EUR sluggish in recent weeks

EUR has also been surprisingly soft in light of the convincing win by French President Macron...

  


Share: