US stocks fail to rebound

US stocks saw a weak start in today's trading volatility is to remain in control of the US equity performance and in light of the modest earnings of US companies as well as the growing demand for safe haven in the markets.

Economic data released today by the US economy were negative dramatically increased the number of applicants to fill the subsidies the US jobless claims last week to exceed expectations, which increased negative pressure on the investors and push them into selling.

On the other hand, shares of US-based companies have achieved the export rise due to the current decline in the levels of the dollar adjoin above currencies
 and the support it gets from the companies the dollar's decline and rising competitive advantage for exports.

Trading the dollar index, which tracks the dollar's performanceagainst a bassinet of above currencies, is currently at the
 level of 96.50, after the lowest level recorded in two weeks at 96.25 and was opened today's trading at the 96.59 level, recording the highest at 96.70. The current decline in the levels of the dollar comes after the Federal Reserve pointed to continued monetary policy in monitoring global developments and to keep interest rates low.

Standard & Poor's 500 Index broader US stock today saw a decline of 0.22%, losing 4.71 points and level up to 2,161.87 points, while the Dow Jones Industrial Average was down US equity 0.44% after losing 81.02 points at the level of 18,391.15 points.

On the other hand, the Nasdaq index of technology shares rose 0.02%, having achieved higher by 0.89 points to reach 5,140.70 points level. 


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