S&P 500 and Dow end at fresh records
Top daily news
Global equities are mostly rising currently after SP500 and Dow updated historic highs Thursday after strong US economic data. Apple shares gained 1.38% as Jeff Bezos said 'we need to do a better job for our employees', Facebook added 1.65% on Thursday while child safety groups asked Facebook to scrap plans for Instagram for kids.
Forex news
| Currency Pair | Change |
| EUR USD | -0.03% |
| GBP USD | -0.34% |
| USD JPY | +0.71% |
| AUD USD | -1.89% |
The Dollar strengthening is intact currently . 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 up 0.04% Thursday as US Labor Department reported 576 thousand Americans sought unemployment benefits over the last week, down from 769 thousand the previous week.
GBP/USD continued climbing Thursday while EUR/USD reversed its rising with both pairs lower currently. AUD/USD continued its climbing while USD/JPY persisted retreating Thursday with both yen and Australian dollar lower against the Greenback currently.
Stock market news
| Indices | Change |
| Dow Jones Index | +0.01% |
| GB 100 Index | +0.85% |
| Nikkei Index | +0.14% |
| Hang Seng Index | +0.59% |
Futures on three main US stock indexes are mixed currently ahead of University of Michigan Consumer Sentiment preliminary report at 14:30 CET today after a bullish session yesterday as large banks reported blowout earnings. SP 500 and Dow finished at fresh all-time highs with the three main US stock benchmarks recording daily gains ranging from 0.9% to 1.3%.
European stock indexes are higher today after closing at records Thursday. Asian indexes are mostly up today with Shanghai Composite leading gainers after China reported a sharp acceleration in first quarter growth while retail sales bounced strongly last month.
Commodity market news
| Commodities | Change |
| Brent Crude Oil | +0.53% |
| WTI Crude | +0.6% |
Brent is edging higher today. Oil prices ended at fresh four week highs yesterday on positive U.S. economic data. The US oil benchmark West Texas Intermediate (WTI) futures gained 0.5%. June Brent crude added 0.5% to $66.94 a barrel on Thursday.
Gold market news
| Metals | Change |
| Gold | +0.1% |
Gold prices are steady today . June gold gained nearly 2% settling at $1,766.80 an ounce on Thursday – a seven-week high.
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Author
Dmitry Lukashov
IFC Markets
Dimtry Lukashov is the senior analyst of IFC Markets. He started his professional career in the financial market as a trader interested in stocks and obligations.
