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17 May 2013
American equity markets open higher at weeks end
FXstreet.com (Barcelona) - The US stock market opened higher Friday, despite the lack of any meaningful catalyst for the markets. Indeed, the USD has strengthened across the board, and stocks have rallied off of yesterdays lows at the opening.
Beginning with the indices and composites, the NASDAQ rose +0.56% as it settles in region of 3484.28, up +19.46 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1657.52, ascending +7.05 points or +0.43% at the time of writing. Finally, the Dow Jones has edged higher at the opening, trading in the zone of 15235.98, presently +0.02% after a movement of +2.72 points.
Sectors are nearly all positive at the opening, however the Consumer Cyclical and Capital Goods sectors have distinguished themselves as the lone winners thus far, rising +0.65% and +0.58% respectively. In other news, the price of crude is testing USD $95.79/bbl Friday.
Beginning with the indices and composites, the NASDAQ rose +0.56% as it settles in region of 3484.28, up +19.46 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1657.52, ascending +7.05 points or +0.43% at the time of writing. Finally, the Dow Jones has edged higher at the opening, trading in the zone of 15235.98, presently +0.02% after a movement of +2.72 points.
Sectors are nearly all positive at the opening, however the Consumer Cyclical and Capital Goods sectors have distinguished themselves as the lone winners thus far, rising +0.65% and +0.58% respectively. In other news, the price of crude is testing USD $95.79/bbl Friday.