US Weaker Jobs Data & Stock Indices
S&P index and Dow lead the way higher
The US major indices are shrugging off the weaker jobs data. The major indices are opening modestly higher:- S&P index up 12.28 points or 0.33% of 3678.55
- NASDAQ index up 9.5 points or 0.08% at 1387.60
- Dow up 80 points or 0.27% of 30049
- spot gold is trading up $3.50 or 0.19% at $1844.66.
- Spot silver is trading up $0.10 or 0.44% at $24.17
- WTI crude oil futures are trading up $0.17 or 0.35% at $45.81
In the forex market, the GBP has moved to the strongest of the majors on hopes for and Brexit deal this weekend. The CAD is also higher after their better-than-expected jobs report. The NZD and the JPY are the weakest. The USD is tilting more to the downside after the jobs report.
Reprinted from Forexlive,the copyright all reserved by the original author.
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