US stocks end solidly higher despite mixed data | IFCM Canada
Logo IFCMarkets
NetTradeX for IFC Markets
Trading App
IFC Markets Online CFD Broker

US stocks end solidly higher despite mixed data - 18.11.2019

Dollar weakening intact

US stocks ended solidly higher on Friday despite mixed data. The S&P 500 advanced 1.0% to fresh record 3120.46, booking 0.9% weekly gain. Dow Jones industrial rose 0.8% to 278004.89. The Nasdaq added 0.7% to 8540.83. The dollar weakening was intact as retail sales growth rebounded in October to 0.3% after a 0.3% decline in September, while the 0.8% decline in industrial output was the steepest in 17 months in October. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 0.2% to 97.96 and is lower currently. Futures on US stock indices point to higher openings.

CAC 40 led European indexes gains

European stock indexes resumed advancing on Friday. EUR/USD and GBP/USD continued their climbs Friday with both pairs higher currently. The Stoxx Europe 600 Index rose 0.4% with bank shares’ losses capping the gain. The DAX 30 gained 0.5% Friday to 13241.75. France’s CAC 40 advanced 0.7% and UK’s FTSE 100 added 0.1% to 7302.94.

FR40 rise in the channel     11/18/2019 Market Overview IFC Markets chart

Hang Seng leads Asian Indexes Advance

Asian stock indices are mostly rising today. Nikkei ended 0.5% higher at 233416.76 as yen continued its slide against the dollar. China’s markets are rising as China's central bank cut its reverse repo rate to 2.5%: the Shanghai Composite Index is 0.6% higher and Hong Kong’s Hang Seng Index is up 1.2%. Australia’s All Ordinaries Index however turned lower 0.4% as Australian dollar kept rising against the greenback though at slower pace.

Brent down

Brent futures prices are edging lower today. Prices rose on Friday as the oil-field services firm Baker Hughes reported the number of rigs drilling for crude dropped by 10 last week to 674: Brent for January settlement rose 1.6% to $63.30 a barrel Friday.

News

BTCUSD Analysis: Trump Walked Back Massive Tariffs on China

BTCUSD Analysis: Trump Walked Back Massive Tariffs on China

On Monday, Bitcoin stabilized at $115,000 after last week's sharp selloff, as Trump backed down on his threat to impose massive...

13/10/2025
Oil Prices Stay Weak After OPEC+ Approves Modest Output Rise

Oil Prices Stay Weak After OPEC+ Approves Modest Output Rise

Oil prices ended the week on shaky ground after OPEC+ approved a modest production increase of 137,000 bpd, signaling cautious...

10/10/2025
Slowing U.S. Growth Put Spotlight on CPI as EURUSD

Slowing U.S. Growth Put Spotlight on CPI as EURUSD

Weak PMI data, softening jobs market, and political brouhaha raise the stakes for October’s inflation print. The U.S. government...

9/10/2025
Bitcoin Eyes $145,000, But a Pullback May Come First

Bitcoin Eyes $145,000, But a Pullback May Come First

Bitcoin has been making strong moves again. The world’s largest cryptocurrency climbed to a six-week high of $119,500 on...

3/10/2025
Dollar Soft Amid US Shutdown Risks, Jobs Report Delay

Dollar Soft Amid US Shutdown Risks, Jobs Report Delay

The US dollar weakened as markets responded to two developments: a potential federal government shutdown and a delay in US...

30/9/2025
Crypto Market Hit by $1.7B in Liquidations

Crypto Market Hit by $1.7B in Liquidations

The cryptocurrency market just experienced one of its sharpest drops of the year, with about $1.7 billion in leveraged positions...

23/9/2025

Explore our
Trading Conditions

  • Spreads from 0.0 pip
  • 30,000+ Trading Instruments
  • Stop Out Level - Only 10%

Ready to Trade?

See Also

Go Pro
  • Spreads from 0.1 pips
  • No requotes
  • Market execution
Open Pro Account
go pro trade
Close support
Call to WhatsApp Call to telegram Call Back