PT Equityworld – Stocks ended slightly higher in late trading on Wednesday morning (28/12)

supported positive US economic data and rising crude oil, while the Nasdaq composite index hit a record closing.

The Dow Jones closed up 0.06 percent, at 19,945.04, with the highest rise in Apple shares.

The S & P 500 closed up 0.22 percent, at 2,268.88, with the materials sector led the nine sectors higher.
The Nasdaq index closed up 0.45 percent, at 5,487.44.

Asian markets moved mixed in early trading on Wednesday (28/12).

 

PT Equityworld | US Stocks Market Rise Spurred on Positive Economic Data

Observed The Nikkei flat, edged down 0.03% at 19397.96 examine data releases industrial production and retail sales.

ASX 200 index was up 1.00% at 5684.10 supported rising commodity prices.

The Kospi index fell 0.75 percent at 2026.86 hampered by profit-taking institutions.

Of the commodity markets, US crude oil futures prices at the end of trading on Wednesday morning (28/12)

jumped 1.7 percent at 53.90 dollars per barrel,

year-end rally continued implementation of agreements supported expectations of production cuts in the first time in 15 years

between producers OPEC and non-OPEC with effect from January 2017.

Crude oil prices could potentially rise to optimism cuts OPEC and non OPEC production due to start in January 2017.

LLG while spot gold price at the end of trading on Wednesday morning (28/12) ended up 0.4 percent at $ 1,139.31 dollars per troy ounce,

near its two-week highs triggered by weak Japanese inflation data,

in thin trading with traders in the United States back to a long holiday weekend after Christmas and the London market was closed.

 

PT Equityworld | US Stocks Market Rise Spurred on Positive Economic Data

The price of gold for the next trade is projected to rise by buying towards the end of the year.

But it could turn weak if the strengthening of Wall Street boosted Asian markets. There will also be observed the movement of the US dollar ..

Of the forex market, the dollar edged up against the yen on Wednesday were in the 10.5-month high in thin trading,

after solid US economic data reinforced hopes that the US Federal Reserve will be more hawkish in coming years .

Observed EURUSD up 0.08 % at 1.0462. GBPUSD rose 12:08% at 1.2276. USDJPY is up 0.04 percent at 117.44. Tonight will be released showed pending sales of US November indicated increases, if realized, it will strengthen the US dollar.

news by PT Equityworld | ewf