American stock market closed higher for the NASDAQ and S&P 500. This is the second day in a row for the positive close for the indices. Investors are optimistic for the corporate earnings for the Q3.
DJIA: -5.82 points/ -0.03% - 21,408.52
S&P: 2.25 points/ 0.09% - 2,427.43
NASDAQ: 23.31 points/ 0.38% - 6,176.39
RUSS 2000: -5.92 points/ -0.42% - 1,409.96
VIX: 10.96
The S&P was slightly higher contributed by tech, energy, material and industrial sectors.
For Dow Jones index, Boeing was higher but Wal-Mart contributed to most losses.
The Technology sector contribution had Apple, Facebook, Google и Microsoft, as the growth is at 17% year to date.
The price of Oil reached $44.43 per barrel, but the commodity is still in a down trend. The USD was trading up toward some currencies and down towards others. The Euro was slightly up, but it is questionable if it can hold to its gains. Our expectations for the EUR/USD to reached this area between 1.14 - 1.16 is reached, now we will wait to see again a clear signal for its next direction.
Source of the graph: Bloomberg Pro Terminal
Trader - S. Fuchedzhiev
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