OctaFX | OctaFX Forex Broker
Open trading account

Wall Street closed higher on Friday but performed its worst week in 2013

FXstreet.com (San Francisco) - The US stocks market has closed the Friday's session with gains as investors were positioning after the Thursday's sell off. In the weekly basis, all three major indexes collapsing more than 2% as weak economic data and disappointed corporate earnings were hurting investors’ confidence. Apple's share dropped 9.1% on the week.

The Dow Jones advanced 10.37 points or 0.07% on the day to finish at 14,547.51. On the week, the DJIA declined 2.14%. The S&P 500 added 13.64 points or 0.88% on Friday to close at 1,555.25. The INX lost 2.1% on the week.

The Nasdaq gained 39.70 points or 1.25% to 3,206.06. The Composite collapsed 2.7% in the last 5 sessions.

Forex Flash: EUR/USD likely to run out of steam near 1.3150 - Commerzbank

The large amount of economic data from the euro zone, UK and the US will re-fuel speculation about the further course of monetary policy in the main industrialized nations, says Carolin Hecht, analyst at Commerzbank.
Read more Previous

Forex: Flash: US GDP to grow 3.2% in Q1 and 2.1% in the whole 2013 - Goldman Sachs

The US Bureau is schedule to publish the Annualized GDP for the Q1 in the United States next Friday April 26th at 12:30 GMT (8:30 ET) and the market is expecting a year to year increase of 3.0% in the first quarter of 2013. That would be a bounce from the weak 0.4% annualized growth in the last quarter of 2012.
Read more Next
Start livechat