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The US enjoyed the view of a full moon Thursday night through Friday morning, though market attention was focused on the Shooting Star pattern completed by the US dollar index yesterday.
The dollar index (DXY00 ) Thursday rose by +0.43% and posted a new 1-year high. Thursday’s strength in US economic news may keep the Fed from aggressively cutting interest rates and is positive for the dollar. Weekly jobless claims fell to a 5-1/2 month low, and Oct PPI rose more...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.19%. Stocks today are mostly lower on long liquidation ahead of this afternoon’s speech from...
The dollar index (DXY00 ) today is up by +0.04% and posted a new 1-year high. Today’s strength in US economic news may keep the Fed from aggressively cutting interest rates and is positive for the dollar. Weekly jobless claims fell to a 5-1/2 month low, and Oct PPI rose...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. Stocks today are mostly lower on some profit-taking as today’s strength in US economic...
