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6 Mar 2014
Markets mixed, S&P500 near record close
FXStreet (Edinburgh) - The S&P500 is on track to a record close after traders left behind economic releases and some Fedspeak.
The Dow is now up 0.43% followed by the S&P500, 0.23% while the Nasdaq is losing 0.07% in a context where the risk-on trade continues to prevail. The greenback, gauged by the DXY, plummeted to fresh multi-month lows near 79.60, levels last seen in late October.
The main European stock exchanges closed with gains following the ECB inaction in today’s meeting. The IBEX35 was the top performer, up 0.87% and followed by the CAC40, 0.59% and the FTSE100, 0.19%. The EUR/USD advanced to fresh 2014 highs near 1.3870 after the ECB refrained from incurring in further monetary easing.
In the commodities’ land, the barrel of WTI is losing more than 1% above $100.00 mark while the ounce troy of gold is up near 0.90% hovering over $1,350.
The Dow is now up 0.43% followed by the S&P500, 0.23% while the Nasdaq is losing 0.07% in a context where the risk-on trade continues to prevail. The greenback, gauged by the DXY, plummeted to fresh multi-month lows near 79.60, levels last seen in late October.
The main European stock exchanges closed with gains following the ECB inaction in today’s meeting. The IBEX35 was the top performer, up 0.87% and followed by the CAC40, 0.59% and the FTSE100, 0.19%. The EUR/USD advanced to fresh 2014 highs near 1.3870 after the ECB refrained from incurring in further monetary easing.
In the commodities’ land, the barrel of WTI is losing more than 1% above $100.00 mark while the ounce troy of gold is up near 0.90% hovering over $1,350.