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26 Aug 2013
US equities open mixed after downtrodden Durable Goods
FXstreet.com (New York) - The US stock market experienced a mixed opening Monday, having digested downtrodden US data.
In the United States, Durable Goods Orders (July) fell -7.3%, missing estimates of -3.0%. Meanwhile, Durable Goods Orders ex Transportation (July) yielded a figure of -0.6%, compared to a projection of +0.6%.
Beginning with the indices and composites, today the NASDAQ rose +0.06% as it settles in region of 3659.20, up +2.11 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1663.72, ascending +0.08 points or +0.01% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15002.05, presently -0.03% after a movement of -8.03 points.
Sectors are all higher at the opening, however the Energy and Basic Materials sectors have distinguished themselves as the winners thus far, rising +0.23% and +0.28% respectively. Moreover, the price of gold has settled at $1394.99 per oz., while silver is now negotiating a spot price of $24.10 per oz. Friday.
In terms of FX, the EUR/USD is now trading at 1.3380 (-0.04%), the USD/JPY has settled at 98.39 (-0.16), the GBP/USD at 1.5583 (+0.10%), and the USD/CHF at 0.9227 (+0.10%).
In the United States, Durable Goods Orders (July) fell -7.3%, missing estimates of -3.0%. Meanwhile, Durable Goods Orders ex Transportation (July) yielded a figure of -0.6%, compared to a projection of +0.6%.
Beginning with the indices and composites, today the NASDAQ rose +0.06% as it settles in region of 3659.20, up +2.11 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1663.72, ascending +0.08 points or +0.01% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15002.05, presently -0.03% after a movement of -8.03 points.
Sectors are all higher at the opening, however the Energy and Basic Materials sectors have distinguished themselves as the winners thus far, rising +0.23% and +0.28% respectively. Moreover, the price of gold has settled at $1394.99 per oz., while silver is now negotiating a spot price of $24.10 per oz. Friday.
In terms of FX, the EUR/USD is now trading at 1.3380 (-0.04%), the USD/JPY has settled at 98.39 (-0.16), the GBP/USD at 1.5583 (+0.10%), and the USD/CHF at 0.9227 (+0.10%).