19 Jul 2013
US markets in red on Microsoft and Google
FXstreet.com (Edinburgh) - Disappointing earnings reports from both Microsoft (MSFT) and Google (GOOG) are weighting on investors’ sentiment on Friday, undermining the ongoing rally in US equities. The greenback, measured by the US Dollar Index, is trading on the back foot after two consecutive days of advances, hovering over 82.60 after bottoming out around 82.50. The DowJones is down 0.07% followed by the Nasdaq, 0.70 and the S&P500, advancing 0.07%.
Bourses in Euroland closed with marginal losses overall, with the exception of the Spanish benchmark, down 0.18%. The main indices closed the week with strong gains, as the effects of Bernanke’s testimony bolstered the upside momentum. The DAX retreated 0.07%, followed by the FTSE100 and the CAC40, both down 0.06%. Choppy session for the single currency, meandering between 1.3100 and 1.3150 amidst thin trade and scarce volatility.
In the commodities’ realm, the barrel of WTI is down 0.19% at $107.81 while the ounce troy of gold is up 0.68% at $1,294.30.
Bourses in Euroland closed with marginal losses overall, with the exception of the Spanish benchmark, down 0.18%. The main indices closed the week with strong gains, as the effects of Bernanke’s testimony bolstered the upside momentum. The DAX retreated 0.07%, followed by the FTSE100 and the CAC40, both down 0.06%. Choppy session for the single currency, meandering between 1.3100 and 1.3150 amidst thin trade and scarce volatility.
In the commodities’ realm, the barrel of WTI is down 0.19% at $107.81 while the ounce troy of gold is up 0.68% at $1,294.30.