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29 May 2014
Markets advance, S&P500 in fresh records
FXStreet (Edinburgh) - Equities in the US trading floor shrugged off poor data from the second revision of the GDP for the first quarter and are now back to the positive territory.
The S&P500 is extending its upside momentum and trading in record levels, currently up 0.23% and followed by the Dow, 0.08% and the Nasdaq, 0.31%. The greenback, tracked by the DXY, is softer across the board, with upside limited around the 80.60 level so far.
In the Old Continent, the main bourses closed in a mixed tone following corporate ratings downgrades, with the FTSE100 outperforming its peers and advancing 0.29%. On the other side, the IBEX35 retreated 0.21%, the CAC40, 0.02% and the DAX closed flat for the day. The EUR/USD is clinging to the key barrier at 1.3600, managing to bounce off session lows around 1.3590.
In the commodities’ sphere, the barrel of WTI is gaining almost 1% near $103.80 while the ounce troy of gold is losing 0.25% above $1,250.
The S&P500 is extending its upside momentum and trading in record levels, currently up 0.23% and followed by the Dow, 0.08% and the Nasdaq, 0.31%. The greenback, tracked by the DXY, is softer across the board, with upside limited around the 80.60 level so far.
In the Old Continent, the main bourses closed in a mixed tone following corporate ratings downgrades, with the FTSE100 outperforming its peers and advancing 0.29%. On the other side, the IBEX35 retreated 0.21%, the CAC40, 0.02% and the DAX closed flat for the day. The EUR/USD is clinging to the key barrier at 1.3600, managing to bounce off session lows around 1.3590.
In the commodities’ sphere, the barrel of WTI is gaining almost 1% near $103.80 while the ounce troy of gold is losing 0.25% above $1,250.