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3 May 2013
Dow reaches 15,000 pts on better jobs data
FXstreet.com (Barcelona) - US equities are rallying on Friday, pushing both the DowJones and the S&P500 to fresh highs beyond 15,000 pts and 1,600 pts, respectively. Better-than-expected Payrolls figures in April, climbing to 165K, plus the lower jobless rate at 7.5% (lowest since December 2008) gave fresh impulse to the upside. The greenback, gauged by the US Dollar Index, is reverting the post-NFP advance, trading in red in the proximities of 82.15/20.
DowJones is now up 1.10% followed by the S&P500 and the Nasdaq, advancing 1.21% and 1.32%, respectively.
The NFP figures were the leitmotif across the Atlantic as well, where European bourses closed in a ‘sea of green’. The German index printed an all-time high above the 8,000 pts mark followed by the IBEX35, 1.65% and the CAC40, 1.40%.
After dipping to fresh session lows below 1.3040, the single currency has managed to gather traction and regain the 1.3100 mark bolstered by renewed buying interest and increasing risk-on trade.
The barrel of WTI is soaring 2.01% at $95.80 while the ounce troy of gold is posting marginal losses at $1,466, or 0.08%.
DowJones is now up 1.10% followed by the S&P500 and the Nasdaq, advancing 1.21% and 1.32%, respectively.
The NFP figures were the leitmotif across the Atlantic as well, where European bourses closed in a ‘sea of green’. The German index printed an all-time high above the 8,000 pts mark followed by the IBEX35, 1.65% and the CAC40, 1.40%.
After dipping to fresh session lows below 1.3040, the single currency has managed to gather traction and regain the 1.3100 mark bolstered by renewed buying interest and increasing risk-on trade.
The barrel of WTI is soaring 2.01% at $95.80 while the ounce troy of gold is posting marginal losses at $1,466, or 0.08%.