OctaFX | OctaFX Forex Broker
Open trading account
Back

American equity markets continue to slide Thursday

The US stock market continued to decline Thursday, reiterating a negative trend that has equities experiencing a poor week. In the United States, Initial Jobless Claims (April 13) came in at 352K, missing expectations of 350K. In addition, Continuing Jobless Claims (April 6) were reported at 3.068M, against projections calling for 3.075M.

Beginning with the indices and composites, the NASDAQ fell -0.23% as it settles in region of 3198.08, down -7.52 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1550.82, descending -1.40 points or -0.08% at the time of writing. Finally, the Dow Jones has edged lower at the opening, trading in the zone of 14591.91, presently -0.18% after a movement of -27.00 points.

Sectors are all lower at the opening, however the Basic Materials and Technology sectors have distinguished themselves as the main winners thus far, plummeting +0.25% and +0.42% respectively. In other news, the price of crude is testing USD $87.25/bbl Thursday.

Forex: GBP/USD stalls ahead of 1.5300

The British pound extended gains versus the greenback at the beginning of the New York session and climbed over 80 pips within the last hours, underpinned by better risk sentiment.
Read more Previous

Forex: USD/JPY declines into US session

Having made a morning high at 98.52, USD/JPY has declined into the US session, and is currently down -0.02% on the day and trading at 98.12.
Read more Next
Start livechat