Stocks mostly higher as Street tries to extend jobs report rally (news: 08/08/16)

Posted On 08 Aug 2016

By : Alpari

Comment: 0

Tag: EURUSD, SP 500, USDJPY

Today’s Press

Disappointing China July imports suggest cooling domestic demand

China’s exports and imports fell more than expected in July in a rocky start to the third quarter, pointing to further weakness in global demand in the aftermath of Britain’s decision to leave the European Union.
S&P 500 opens at all-time high

The S&P 500 opened at an all-time intraday high on Monday after Friday”s jobs data helped revive investors” confidence in the U.S. economy. The index climbed 1 points to 2,183. Dow industrials were flat at 18,542. The Nasdaq Composite added 1 point to 5,223. Oil prices moved higher, helping to shore up energy and materials shares.
Stocks mostly higher as Street tries to extend jobs report rally

U.S. stocks traded slightly higher on Monday as investors further digested Friday’s strong jobs report, kept an eye on oil prices and awaited retail data due later this week.

Next Trading Day’s Important Events

17:00 (GMT+3) UK GDP from NIESR

Forex Quotes:

USDJPY: 102.56
EURUSD: 1.1075

Indices:

S&P 500: 2,182.60
NASDAQ : 5,217.57

Source:: Stocks mostly higher as Street tries to extend jobs report rally (news: 08/08/16)

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