Back
26 Feb 2014
S&P eyeing record levels, Europe in red
FXStreet (Edinburgh) - Upbeat results from the US housing sector are lifting stocks on Wednesday, leaving the S&P500 on the brink of new records.
Equities in the US trading floor are extending its march north on Wednesday, after sentiment has been boosted by positive results from US New Home Sales during January. As of writing DowJones is up 0.30% followed by the S&P500, 0.32% and the Nasdaq, 0.58%. The greenback, gauged by the DXY, is reverting weekly losses and hovering over the 80.50 area after bottoming out near 80.10 in the European morning.
The main indices in Europe closed in red after poor corporate results weighed on sentiment. The FTSE100 was the worst performer, down 0.46% and seconded by the CAC40, 0.40% and the DAX, 0.39%. Bad day for the single currency, dipping to fresh 2-week lows in the region of 1.3660 although managing now to regain the 1.3680 level.
In the commodities’ land, the ounce troy of gold is being punished, down more than 1% below $1,330. On the opposite direction, the barrel of WTI is posting decent gains, up 0.82% around $102.70.
Equities in the US trading floor are extending its march north on Wednesday, after sentiment has been boosted by positive results from US New Home Sales during January. As of writing DowJones is up 0.30% followed by the S&P500, 0.32% and the Nasdaq, 0.58%. The greenback, gauged by the DXY, is reverting weekly losses and hovering over the 80.50 area after bottoming out near 80.10 in the European morning.
The main indices in Europe closed in red after poor corporate results weighed on sentiment. The FTSE100 was the worst performer, down 0.46% and seconded by the CAC40, 0.40% and the DAX, 0.39%. Bad day for the single currency, dipping to fresh 2-week lows in the region of 1.3660 although managing now to regain the 1.3680 level.
In the commodities’ land, the ounce troy of gold is being punished, down more than 1% below $1,330. On the opposite direction, the barrel of WTI is posting decent gains, up 0.82% around $102.70.