22 Aug 2013
US equities moving higher on mixed US data
FXstreet.com (New York) - The US stock market again opened unevenly Tuesday, experiencing minor mixed results after an earlier trickle of US data.
In the United States, Initial Jobless Claims came in at 336K, missing expectations of 322K. In addition, Continuing Jobless Claims were reported at 2.999M, relative to a figure of 2.970M previously. Finally, the Market Manufacturing PMI (August) yielded a figure of 53.9, beating a projection of 53.8.
Beginning with the indices and composites, today the NASDAQ rose +0.42% as it settles in region of 3614.70, up +15.04 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1647.41, descending +4.50 points or +0.27% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 14929.72, presently +0.21% after a movement of +32.03 points.
Sectors are all higher at the opening, however the Basic Materials and Energy sectors have distinguished themselves as the winners thus far, rising +1.01% and +0.50% respectively. Moreover, the price of gold has settled at $1374.04 per oz., while silver is now negotiating a spot price of $23.18 per oz. Thursday.
In the United States, Initial Jobless Claims came in at 336K, missing expectations of 322K. In addition, Continuing Jobless Claims were reported at 2.999M, relative to a figure of 2.970M previously. Finally, the Market Manufacturing PMI (August) yielded a figure of 53.9, beating a projection of 53.8.
Beginning with the indices and composites, today the NASDAQ rose +0.42% as it settles in region of 3614.70, up +15.04 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1647.41, descending +4.50 points or +0.27% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 14929.72, presently +0.21% after a movement of +32.03 points.
Sectors are all higher at the opening, however the Basic Materials and Energy sectors have distinguished themselves as the winners thus far, rising +1.01% and +0.50% respectively. Moreover, the price of gold has settled at $1374.04 per oz., while silver is now negotiating a spot price of $23.18 per oz. Thursday.