US equities get on track with upbeat Jobless claims

FXstreet.com (New York) - The US stock market finally got back on track Thursday, after the release of mixed US data.

In the United States, Initial Jobless Claims (August 3) were reported at 333K, beating expectations of 336K. Moreover, Continuing Jobless Claims (July 27) yielded a figure of 3.018M, relative to a projection of 2.950M.

Beginning with the indices and composites, today the NASDAQ rose +0.38% as it settles in region of 3667.45, up +13.91 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1697.62, ascending +6.82 points or +0.40% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15526.27, presently +0.36% after a movement of +55.60 points.

Sectors are all lower at the opening, however the Basic Materials and Financials sectors have distinguished themselves as the winners thus far, rising +1.61% and +0.67% respectively. Moreover, the price of gold has settled at $1295.30 per oz., while silver is now negotiating a spot price of $19.93 per oz. Thursday.

AUD/USD stalls ahead of 0.9100

The AUD/USD stretched to fresh daily highs but stalled just ahead the 0.9100 psychological data, as the greenback weakened further after US claims data.
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USD/CAD continues the downside

USD/CAD is the worst G-10 performer over the past week and the second-worst performer over the past month in the FX space.
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