OctaFX | OctaFX Forex Broker
Open trading account
Back

A new set of record closes to end October

FXStreet (San Francisco) - The US stocks market closed at all-time highs to end October with gains after a roller coaster month. Friday's big gains were fueled by the decision of the Bank of Japan to expand stimulus.

The Dow and the S&P finished at record closes while the Nasdaq jumped to the highest level since 2000 at 4,641.51. First set of new highs for stocks since September.

The Dow Jones advanced 195.10 points or 1.13% on Friday to finish the day at 17,390.52; 1.98% positive on the month. The S&P 500 ended at all-time record close at 2,018.05 after climbing 23.40 points or 1.17%. The S&P jumped 2.29% in the month.

The Nasdaq jumped 64.60 points or 1.41% to 4,630.74. The Composite advanced 137.35 points or 3.06% in the month.

USD/CAD treading water around 1.1270

The greenback is looking to stabilize at the end of the trading week, taking USD/CAD to the area of 1.1270...
Read more Previous

Session Recap: When money comes from Japan; EUR/USD at 14-month low, USD/JPY 7-year highs

Big news today at 4:30 pm Tokyo time; 3:30 am time in New York: The Bank of Japan announced a surprising expansion of its monetary easing program from ¥60-70-trillion to a total of¥80-trillion annually. The market went wild; EUR/USD dropped to 14-month lows, USD/JPY and Nikkei climbed to nearly 7-year highs.
Read more Next
Start livechat