MARKET WRAP: Microsoft Pushed Markets Higher


*Stock market remained optimistic on the upcoming Fed move *Dollar continued its move to the upside  
 



 
  
 
Stocks
  • The S&P 500 continued to move higher due to some solid earnings today. It gained 0.10% 15:46 London time.
  • The UK 100 index soared 0.12% on the final trading day of the week.
  • The Stoxx 600 index jumped 0.05% ahead of a major ECB meeting which is due next week.
Currencies
  • The Dollar Spot Index rose 0.29% to finish the weak on a positive note.
  • The Euro also gained some strength today and increased by 0.01% to 1.122.
  • The British pound moved above the level of 1.25, recovered some heavy losses from this weak but still closed weak in negative territory.
  • The Japanese yen came back in power and gained 0.14% to 107.68 per dollar.
Bonds
  • The yield on 10-year Treasuries soared today and it increased by one basis point to 2.04%.
  • Germany’s 10-year yield weakened by one basis point to -0.32%.
  • Britain’s 10-year yield dropped by one basis points to 0.74%
 
Commodities
  • West Texas Intermediate crude moved higher on some supply concerns. It gained 0.36% to $55.48 a barrel.
  • Gold maintained another solid trading session. Price moved higher by 0.16% to $1,428 an ounce.



Back