OctaFX | OctaFX Forex Broker
Open trading account

Stocks jump in Wall Street but end week with losses

FXStreet (Córdoba) - US equities posted strong gains on Friday and recovered further after falling sharply on Wednesday. The Dow Jones rose 1.63% (the first gain after falling in the previous six days), the Nasdaq climbed 0.96% and the S&P 500 gained 1.30%.

On Friday, volatility remained low compared to Wednesday and Thursday, but it was another day with indexes moving over 1%. After a strong opening, prices remained steady consolidating gains during the rest of the day.

Despite the rally, main indexes ended the week in negative, with losses of more than 2%. Fears about the global economy weight on stocks but later expectations about economic stimulus helped price erase losses.

USD/CAD advances to 1.1280

The greenback is gathering pace now, lifting USD/CAD back to the 1.1280 region as we enter the last part of the NA session....
Read more Previous

Session Recap: JPY retreats as risk appetite improves

The yen was the worst performer on Friday and retreated further erasing most weekly gains. Greenback and the loonie were the weakest over the week.
Read more Next
Start livechat