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1 Feb 2013
Dow hits 14,000 pts, dollar posts weekly lows
Markets in the US are trading higher on Friday, with the DowJones climbing to 14,000 pts for the first time since 2007 after the US economy added 157K jobs during January, less than estimated (160K). The greenback, measured by the US Dollar Index, is extending its weekly decline, closing the week in the boundaries of 79.00 after Monday’s tops around 80.00
As of writing, the DowJones is up 0.97%, followed by the S&P500 and the Nasdaq, advancing 0.99% and 1.20%, respectively.
Markets in Europe closed broadly in green, with the exception of the IBEX35, down 1.59%. Risk appetite led the markets to higher ground where the FTSE100 outperformed its peers advancing 1.12% ahead of the CAC40, 1.10%. The single currency is retracing some ground after hitting levels above 1.3700, extending its weekly rally and climbing almost three big figures since Monday.
In the commodities space, the barrel of WTI is posting meagre losses at $97.43 or 0.06%; while the ounce troy of gold gains 0.59% at $1671
As of writing, the DowJones is up 0.97%, followed by the S&P500 and the Nasdaq, advancing 0.99% and 1.20%, respectively.
Markets in Europe closed broadly in green, with the exception of the IBEX35, down 1.59%. Risk appetite led the markets to higher ground where the FTSE100 outperformed its peers advancing 1.12% ahead of the CAC40, 1.10%. The single currency is retracing some ground after hitting levels above 1.3700, extending its weekly rally and climbing almost three big figures since Monday.
In the commodities space, the barrel of WTI is posting meagre losses at $97.43 or 0.06%; while the ounce troy of gold gains 0.59% at $1671