SP 500 and Dow end at fresh records - 16.4.2021

The Dollar strengthening is intact currently . 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, inched up 0.04% Thursday as US Labor Department reported 576 thousand Americans sought unemployment benefits over the last week, down from 769 thousand the previous week.

GBP/USD continued climbing Thursday while EUR/USD reversed its rising with both pairs lower currently. AUD/USD continued its climbing while USD/JPY persisted retreating Thursday with both yen and Australian dollar lower against the Greenback currently.

Futures on three main US stock indexes are mixed currently ahead of University of Michigan Consumer Sentiment preliminary report at 14:30 CET today after a bullish session yesterday as large banks reported blowout earnings. SP 500 and Dow finished at fresh all-time highs with the three main US stock benchmarks recording daily gains ranging from 0.9% to 1.3%.

European stock indexes are higher today after closing at records Thursday. Asian indexes are mostly up today with Shanghai Composite leading gainers after China reported a sharp acceleration in first quarter growth while retail sales bounced strongly last month.