US Markets in red as ‘fiscal cliff’ weights, US dollar tumbling (Barcelona) - The US stock markets are trading in the red territory on Friday, as renewed concerns about the so-called ‘fiscal cliff’ are weighting on the trade. Spiraling risk appetite has been utterly ignored by traders, remaining indifferent to the positive data out of China and the US.
The greenback, measured by the US Dollar Index, is being hammered once again, dipping to the 79.50 region as of writing.
DowJones is down 0.11%, followed by the S&P500 and the Nasdaq, losing 0.25% and 0.53% respectively.
Bourses in Euroland closed in a mixed tone on Friday, with market participants struggling to define a clear trend after Chinese data and jitters on the US ‘fiscal cliff’.
The DAX led the gains, advancing 0.19%, followed by the CAC40 0.05 and the IBEX35 0.09%

The ounce of gold is trading flat in levels just shy of 1700 while the barrel of WTI is now advancing 0.88% at 86.65