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Stable wall street, dollar roar on the eve of the holiday

New York, New York-Stocks stabilized on Wall Street on Wednesday prior to the holidays.

There was little movement in either direction. The US market will close on Thursday and will resume on Friday for a shortened session.

“With strong consumers and stagnant demand, this should have been a strong holiday season for retailers, but margins and wages,” Oanda’s senior market analyst Ed Moya said in a note to customers. Pressure is confusing the outlook for many retailers. ” To CNBC.

At the end of the deal on Wednesday, the Dow Jones fell 9.42 points (0.03%) to 35,804.38.

The Nasdaq Composite Index rose 70.04 points (0.44%) to 15,845.23.

The Standard and Poor’s 500 rose 10.76 points (0.23%) to 47,011.46.

The US dollar soared earlier on Wednesday, extending the rise in recent weeks. The euro fell below 1.12 and the last deal approached New York’s closing price of 1.1192. The pound sterling was weak at 1.3327. The Japanese yen has fallen to 115.43 yen. The Swiss franc has weakened to 0.6871.

The Canadian dollar remained almost unchanged at 1.2664. The Australian dollar has fallen to 0.7193. The New Zealand dollar fell sharply to 0.6871.

Overseas, London’s FTSE 100 rose 0.27% on Wednesday. Germany’s Dax lost 0.37 percent. Paris-based CAC 40 has declined 0.03% and has remained largely unchanged.

In the Asian marketThe biggest loser on Wednesday was the Nikkei 225 in Tokyo, down 471.45 points (1.58%) to 29,302.66.

All of Australia’s normals fell 16.20 points or 0.21 percent to 7,725.50.

The Hang Seng Index in Hong Kong rose 33.92 points (0.14%) to 24,685.50.

China’s Shanghai Composite Index rose 3.61 points (0.10%) and closed at 3,592.70 on Wednesday.

Stable wall street, dollar roar on the eve of the holiday

Source link Stable wall street, dollar roar on the eve of the holiday

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