E-Mini Dow Jones 30 (DJI) Index News, Page 1

Construction spending declined

US stocks extended their gains ahead of the weekend after President Trump shied away from specific actions against China-Hong Kong, and today Hong Kong shares recovered smartly from last week’s 3.6% slide.

It’s a busy week ahead. Central banks are in action and China will be in a retaliatory mood. Then there are the stats to begin tracking once more…

It was another busy week for the markets. The easing of lockdown measures continued to fuel demand for riskier assets at the expense of the Dollar.

Mortgage applications continue to rise

Mid-week market drivers with Dukascopy TV. We’ve got COVID-19 news and numbers, U.S – China tension, and optimism towards the economic.

he S&P 500 gapped higher yesterday, above the recent ceiling and above the 200-day moving average for the first time since early March. The momentum faltered, and it finished below the opening level and near session lows.

Euro Zone stocks were supported as the European Commission (EC) prepares to unveil a plan to help the EU economy recover.

the S&P 500 closed above the 200-day moving average

The heightened tensions between the US and China sapped risk-appetites before the weekend, but appear to be missing in action today.

The world is very different now, and the key fundamental conditions investors were watching in February have changed.

Geopolitics will be a key driver in the week. Brexit and the Pound and a collapse in the U.S – China relations will be a test riskier assets.

Riskier assets bounced back last week, as hopes of an economic recovery overshadowed tensions between the U.S and China…

Advancing issues outnumbered declining ones on the NYSE by a 1.11-to-1 ratio; on NASDAQ, a 1.02-to-1 ratio favored decliners.

Housing sales drop

A successful reopening of the economy and another round of stimulus checks will be necessary to keep the economy stable.

We are now seeing demand for the stocks of companies expected to benefit from the economy re-opening.

Mortgage applications rise

Housing starts tumble

Hopes for a vaccine and a German-French proposal to break the logjam at the EU for a joint recovery effort helped propel equities higher yesterday.