Back
22 Apr 2014
Markets advance on better earnings reports
FXStreet (Edinburgh) - Earnings reports above estimates are bolstering the sentiment amongst investors on Tuesday, extending the bullish mood in the US markets.
At the moment, DowJones is advancing 0.65% followed by the S&P500, 0.64% and the Nasdaq, 1.08%. The DXY, which tracks the greenback vs. its major competitors, is losing ground today, with the ongoing rally stalling just below the psychological 80.00 handle.
Banking sector stocks led the way up in Euroland, with the main indices closing with strong gains. The German DAX was the best performer, advancing more than 2% and seconded by the IBEX35, 1.41% and the CAC40, 1.18%. The EUR/USD remains stuck to the 1.3800 handle, coming down from session highs in the 1.3820/25 area.
In the commodities’ land, the barrel of WTI is nose-diving almost 2.4% just below the $102.00 mark, while the ounce troy of gold is down 0.6% around $1,280.
At the moment, DowJones is advancing 0.65% followed by the S&P500, 0.64% and the Nasdaq, 1.08%. The DXY, which tracks the greenback vs. its major competitors, is losing ground today, with the ongoing rally stalling just below the psychological 80.00 handle.
Banking sector stocks led the way up in Euroland, with the main indices closing with strong gains. The German DAX was the best performer, advancing more than 2% and seconded by the IBEX35, 1.41% and the CAC40, 1.18%. The EUR/USD remains stuck to the 1.3800 handle, coming down from session highs in the 1.3820/25 area.
In the commodities’ land, the barrel of WTI is nose-diving almost 2.4% just below the $102.00 mark, while the ounce troy of gold is down 0.6% around $1,280.