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Wall Street indexes post largest gain in 4 years

FXStreet (Córdoba) - US stocks closed the session lower but the week with gains, with main indexes posting its biggest monthly gain in 4 years.

The Dow Jones Industrial Average dropped 92 points or 0.52% to 17,663.54 but gained 0.1% over the week and 8.5% in October. The S&P 500 shed 10 points or 0.48% and closed at 2,079.36 but rose 0.2% over the week and 8.3% for the month. The Nasdaq Composite fell 20.53 points, or 0.4%, to 5,053.75. The index rose 0.4% on the week and posted a 9.4% monthly advance.

Among the DJIA stocks, Microsoft, Boeing, and DuPont are the major gainers. Meanwhile, the minus side is filled with names like Walt Disney, JPMorgan, American Express.

Prospect of a Q1 move by the BoE is still on the table - Commerzbank

Next week sees the second so-called ‘Super Thursday’, which encompasses a rate decision, MPC minutes and the quarterly Inflation Report. Peter Dixon, analyst at Commerzbank, what markets will be looking for is some indication of when – or indeed if – the BoE is likely to raise interest rates.
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