20 Aug 2013
US equities open quietly as Fed looms, Dow testing 15000
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, the Chicago Fed National Activity Index (July) came in at -0.15, compared to a previous figure of -0.23. In addition, the Redbook Index (MoM) grew by +0.2%, relative to a growth of +0.4% previously. Finally, the Redbook Index (YoY) yielded a figure of 3.4%, compared to +3.7% previously.
Beginning with the indices and composites, today the NASDAQ rose +0.24% as it settles in region of 3597.02, up +8.75 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1647.57, ascending +1.53 points or +0.09% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15007.87, presently -0.02% after a movement of -3.07 points.
Sectors are all mixed at the opening, however the Basic materials and Energy sectors have distinguished themselves as the losers thus far, falling -0.41% and -0.32% respectively. Moreover, the price of gold has settled at $1371.08 per oz., while silver is now negotiating a spot price of $23.13 per oz. Tuesday.
In the United States, the Chicago Fed National Activity Index (July) came in at -0.15, compared to a previous figure of -0.23. In addition, the Redbook Index (MoM) grew by +0.2%, relative to a growth of +0.4% previously. Finally, the Redbook Index (YoY) yielded a figure of 3.4%, compared to +3.7% previously.
Beginning with the indices and composites, today the NASDAQ rose +0.24% as it settles in region of 3597.02, up +8.75 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1647.57, ascending +1.53 points or +0.09% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15007.87, presently -0.02% after a movement of -3.07 points.
Sectors are all mixed at the opening, however the Basic materials and Energy sectors have distinguished themselves as the losers thus far, falling -0.41% and -0.32% respectively. Moreover, the price of gold has settled at $1371.08 per oz., while silver is now negotiating a spot price of $23.13 per oz. Tuesday.