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12 Jun 2014
Wall Street falls after US data, Iraq
FXStreet (Córdoba) - US stocks are falling on Thursday after economic data that showed an increase in initial jobless claims and smaller-than-expected gains in retail sales. Also tension in Iraq is weighing on Wall Street.
The Dow Jones is down 78 points to 16,765 while the Nasdaq drops 0.58%. European stocks closed mix with the FTSE 100 up 0.06% and the Dax dow 0.11% and the Ibex 35 with a 0.13% increase.
Among currencies, the US dollar is so far the worst performer of the day while the Aussie gained momentum during the American session. Crude oil and gold are soaring, rising 1.58% and 1% respectively. The barrel is trading above $106, at the highest level since September 2013.
The Dow Jones is down 78 points to 16,765 while the Nasdaq drops 0.58%. European stocks closed mix with the FTSE 100 up 0.06% and the Dax dow 0.11% and the Ibex 35 with a 0.13% increase.
Among currencies, the US dollar is so far the worst performer of the day while the Aussie gained momentum during the American session. Crude oil and gold are soaring, rising 1.58% and 1% respectively. The barrel is trading above $106, at the highest level since September 2013.