Wall Street managed to post modest gains on Tuesday.Investors were cautious as Wall Street marked the anniversary of the stock market’s 12-year low set on March 9, 2009, amid the financial crisis stemming from a home mortgage meltdown.
Since then, the blue-chip Dow index has rallied more than 62 per cent.
With little in the way of economic reports or earnings to help drive shares higher, investors are taking a breather after major indices rose the past few weeks.
Dow 10,564.38 +11.86 (0.11%)
S&P 500 1,140.44 +1.94 (0.17%)
Nasdaq 2,340.68 +8.47 (0.36%)
European stocks ended little changed on Tuesday amid uncertainty over Europe’s economic recovery.
The FTSE 100 index fell 4.42 points, or 0.08 per cent, at 5602.30 points.
The German DAX rose 9.98 points, or 0.17 per cent, to 5885.89 points and in France, the CAC 40 rose 6.47 points, or 0.17 per cent, to 3910.01.
Commodities
Oil prices dipped slightly on Tuesday as the US dollar rose and investors turned their attention to upcoming inventory data.
At the end of the day, New York’s main contract, light sweet crude for April delivery, settled down 38 US cents at $US81.49 a barrel.
The euro fell as low as $US1.3537 on Tuesday as investors sought the safe-haven US dollar after ratings agencies warned about deteriorating credit quality in Europe.
A stronger US unit makes US dollar-denominated oil more expensive for buyers holding other currencies, and therefore tends to dent crude demand and prices.
The US Department of Energy (DoE) will publish its latest weekly snapshot of US crude inventories on Wednesday.
In London, Brent North Sea crude for April delivery shed 20 US cents to to $US80.27 a barrel.
Gold for April delivery fell $US1.70 to settle at $US1122.30 an ounce.
Silver for May delivery rose 6.6 US cents to settle at $US17.338 an ounce.
Copper for May delivery rose 0.01 US cent to settle at $US3.4115 per pound.
Global Market Indexes
Americas |
Price |
Change (%) |
1 Year % |
Last Updated |
|
|---|---|---|---|---|---|
|
|
Toronto Composite |
11917.13 |
-46.71 (-0.39%) |
+57.49% |
Mar 09, 4:00pm |
|
|
Mexican Bolsa IPC Index |
32514.65 |
-5.62 (-0.02%) |
+91.66% |
Mar 09, 4:00pm |
|
|
Brazil Bovespa Index |
69600.79 |
+1025.32 (1.50%) |
+89.44% |
Mar 09, 4:00pm |
|
|
Argentina Merval Index |
2319.14 |
+10.73 (0.46%) |
+143.44% |
Mar 09, 4:00pm |
|
|
Chile IPSA Index |
3792.35 |
-6.47 (-0.17%) |
+59.85% |
Mar 09, 4:00pm |
Asian Pacific |
Price |
Change (%) |
1 Year % |
Last Updated |
|
|---|---|---|---|---|---|
|
|
Nikkei 225 Index |
10567.65 |
+0.00 (0.00%) |
+49.13% |
Mar 09, 4:00pm |
|
|
ASX All Ordinaries |
4829.30 |
+0.00 (0.00%) |
+54.70% |
Mar 09, 4:00pm |
|
|
Seoul Composite |
1660.83 |
+0.00 (0.00%) |
+54.97% |
Mar 09, 4:00pm |
|
|
Hong Kong Hang Seng |
21207.55 |
+10.68 (0.05%) |
+86.94% |
Mar 09, 4:00pm |
|
|
Shanghai |
3069.14 |
+15.91 (0.52%) |
+44.86% |
Mar 09, 4:00pm |
|
|
Taiwan Weighted |
7770.59 |
+0.00 (0.00%) |
+67.90% |
Mar 09, 4:00pm |
|
|
Singapore Straits Times |
2839.54 |
+4.97 (0.18%) |
+94.90% |
Mar 09, 4:00pm |
|
|
Bombay Sensex Index |
17052.54 |
+0.00 (0.00%) |
+108.97% |
Mar 09, 4:00pm |
|
|
Jakarta Composite |
2657.17 |
+0.00 (0.00%) |
+106.51% |
Mar 09, 4:00pm |
|
|
Kuala Lumpur Composite |
1317.94 |
-6.28 (-0.47%) |
+53.57% |
Mar 09, 4:00pm |
|
|
PSE Composite |
3107.35 |
+12.37 (0.40%) |
+64.36% |
Mar 09, 4:00pm |
|
|
Sri Lanka All Share |
3809.01 |
-26.05 (-0.68%) |
+133.58% |
Mar 09, 4:00pm |
Europe |
Price |
Change (%) |
1 Year % |
Last Updated |
|
|---|---|---|---|---|---|
|
|
FTSE 100 Index |
5602.30 |
-4.42 (-0.08%) |
+58.15% |
Mar 09, 4:00pm |
|
|
Paris CAC 40 |
3910.01 |
+6.47 (0.17%) |
+55.20% |
Mar 09, 4:00pm |
|
|
Frankfurt Index |
5885.89 |
+9.98 (0.17%) |
+59.42% |
Mar 09, 4:00pm |
|
|
Milan BCI General |
15743.00 |
+0.00 (0.00%) |
+49.31% |
Mar 08, 5:30pm |
|
|
Belgium 20 Index |
2606.31 |
+5.48 (0.21%) |
+67.82% |
Mar 09, 4:00pm |
|
|
Swiss Market Index |
6868.32 |
+17.12 (0.25%) |
+59.44% |
Mar 09, 4:00pm |
|
|
OSE Norway All Share |
415.23 |
-0.74 (-0.18%) |
+66.41% |
Mar 09, 4:00pm |
|
|
ATX Vienna |
2486.24 |
-6.01 (-0.24%) |
+76.09% |
Mar 09, 4:00pm |
|
|
Amsterdam Total Return General |
339.09 |
+0.92 (0.27%) |
+70.18% |
Mar 09, 4:00pm |
|
|
Madrid General |
1141.00 |
-8.38 (-0.73%) |
+59.28% |
Mar 09, 4:00pm |
|
|
Stockholm General Index |
315.89 |
-0.65 (-0.21%) |
+67.91% |
Mar 09, 4:00pm |
Africa/Middle East |
Price |
Change (%) |
1 Year % |
Last Updated |
|
|---|---|---|---|---|---|
|
|
Israel TA 100 Index |
1132.32 |
-7.10 (-0.62%) |
+96.69% |
Mar 09, 10:45am |
|
|
TEL-TECH INDEX |
317.78 |
-3.88 (-1.21%) |
+107.82% |
Mar 09, 10:45am |
|
|
TEL-TECH-15 INDEX |
273.85 |
-2.59 (-0.94%) |
+95.05% |
Mar 09, 10:45am |
Â
Regional Currencies (USD per)
Americas |
Price |
Change (%) |
|
|---|---|---|---|
|
|
Canadian dollar |
1.025 |
-0.00 (-0.21%) |
|
|
Mexican peso |
12.63 |
-0.04 (-0.28%) |
|
|
Brazilian Real |
1.792 |
+0.00 (0.18%) |
|
|
Argentine Peso |
3.855 |
-0.00 (-0.09%) |
Asia Pacific |
Price |
Change (%) |
|
|---|---|---|---|
|
|
Japanese yen |
89.95 |
-0.35 (-0.39%) |
|
|
Australian dollar |
1.094 |
-0.01 (-0.51%) |
|
|
Hong Kong dollar |
7.760 |
+0.00 (0.02%) |
|
|
Chinese yuan |
6.831 |
+0.00 (0.06%) |
Europe |
Price |
Change (%) |
|
|---|---|---|---|
|
|
Euro |
0.7352 |
+0.00 (0.23%) |
|
|
Pound sterling |
0.6667 |
+0.00 (0.41%) |
|
|
Swiss franc |
1.075 |
+0.00 (0.18%) |
|
|
Swedish krona |
7.133 |
+0.03 (0.40%) |
Africa |
Price |
Change (%) |
|
|---|---|---|---|
|
|
South African rand |
7.402 |
+0.04 (0.61%) |
|
|
Egyptian pound |
5.477 |
-0.00 (-0.04%) |
|
|
Namibian dollar |
7.341 |
-0.10 (-1.30%) |
|
|
Tunisian dinar |
1.382 |
+0.01 (0.38%) |
Middle East |
Price |
Change (%) |
|
|---|---|---|---|
|
|
Israeli new sheqel |
3.764 |
-0.01 (-0.23%) |
|
|
Kuwaiti dinar |
0.2895 |
+0.00 (0.49%) |
|
|
Saudi riyal |
3.750 |
+0.00 (0.00%) |
|
|
Iraqi Dinar |
1167.40 |
+0.00 (0.00%) |
Shayne Heffernan www.livetradingnews.com
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Todays Market Cap..( Briefing.com)
Sector performance (% change on day): Telecom (+1.2%), Industrials (+0.8%), Tech (+0.4%), Financials (+0.3%), Energy (+0.1%). Materials (-0.5%), Utilities (-0.3%), Consumer Staples (-0.2%), Health Care (-0.1%), Consumer Discretionary (-0.1%).
Stocks are also just 1% off of their 52-week highs, which were reached in mid-January. A stronger dollar has been a hurdle for stocks to return to that mark, though. The buck advanced a mere 0.1% this session, but that was only after it pared its gain. Initially, the greenback garnered support as the euro and British pound were pressured by news that analysts at Fitch kept a Negative outlook in place for Portugal’s AA rating and that Britain’s plan to halve its deficit in four years was determined to be too slow.
Treasuries came into focus with news that a $40 billion auction of 3-year Notes attracted a bid-to-cover ratio of 3.1, which is above the recent average of 2.9, and an indirect bid of 51.8%, which is on par with the recent average of 52%.
G/L_1