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American equity markets open higher

FXstreet.com (Barcelona) - The US stock rallied Thursday, after a grim session yesterday and mounting concerns over the US stimulus program roiled marketsa. In the United States, In the United States, Initial Jobless Claims (April 26) came in at 324K, compared with a projection of 345K. Moreover, the Trade Balance (March) was reported at $-38.8B, vs. a consensus of $-42.0B.

Beginning with the indices and composites, the NASDAQ rose +0.49% as it settles in region of 3315.02, up +16.49 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1588.50, ascending +5.24 points or +0.33% at the time of writing. Finally, the Dow Jones has edged higher at the opening, trading in the zone of 14745.95, presently +0.30% after a movement of +44.48 points.

Sectors are all positive at the opening, however the Transportation and Consumer Cyclical sectors have distinguished themselves as the winners thus far, rising +0.78% and +0.66% respectively. In other news, the price of crude is testing USD $91.34/bbl Thursday.

Forex: GBP/USD falls to intraday lows on Draghi’s speech

The Sterling is currently trading lower against the US Dollar following the ECB's president Mario Draghi conference press. The GBP/USD has fallen around 55 pips in the latest hour from 1.5585 to break down the 1.5540 support and to trade at intra-day lows at 1.5530.
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