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5 Jul 2013
US equities bounce back, Dow above 15000
FXstreet.com (New York) - The US stock market opened positively after the July 4 holiday, edging higher amidst the release of US data.
In the United States, the Nonfarm Payrolls (June) came in at 195k, exceeding expectations of only 165K, and matching a figure of 195K previously. In addition, the Unemployment Rate (June) yielded 7.6%, which missed estimates calling for 7.5%.
Beginning with the indices and composites, the NASDAQ rose +0.45% as it settles in region of 3459.63, up +15.47 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1623.07, ascending +7-70 points or +0.48% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15069.58, presently +0.54% after a movement of +80.93 points.
Sectors are mostly higher at the opening, however the Telecoms and Healthcare sectors have distinguished themselves as the winners thus far, falling +1.25% and +0.93% respectively. Moreover, the price of gold has settled at $1208.09 per oz., while silver is now negotiating a spot price of $18.70 per oz. Friday.
In the United States, the Nonfarm Payrolls (June) came in at 195k, exceeding expectations of only 165K, and matching a figure of 195K previously. In addition, the Unemployment Rate (June) yielded 7.6%, which missed estimates calling for 7.5%.
Beginning with the indices and composites, the NASDAQ rose +0.45% as it settles in region of 3459.63, up +15.47 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1623.07, ascending +7-70 points or +0.48% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15069.58, presently +0.54% after a movement of +80.93 points.
Sectors are mostly higher at the opening, however the Telecoms and Healthcare sectors have distinguished themselves as the winners thus far, falling +1.25% and +0.93% respectively. Moreover, the price of gold has settled at $1208.09 per oz., while silver is now negotiating a spot price of $18.70 per oz. Friday.