25 Jul 2013
US equities a mixed bag at opening
FXstreet.com (New York) - The US stock market opened experienced a mixed opening Thursday, with Tech stocks like Facebook (FB) leading the charge, whilst investors digest the recent tranche of US economic data.
In the United States, Durable Goods Orders rose +4.2% in June, crushing expectations of only +0.5%. Moreover, Durable Goods Orders ex Transportation (June) came in unchanged, missing estimates of +0.5%. Finally, Initial Jobless Claims (July 19) were reported at 343K, against projections calling for 340K.
Beginning with the indices and composites, the NASDAQ rose +0.19% as it settles in region of 3585.77, up +6.70 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1680.17, descending -5.61 points or -0.31% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15484.72, presently -0.37% after a movement of -57.52 points.
Sectors are all mixed at the opening, however the Industrials and Healthcare sectors have distinguished themselves as the losers thus far, falling -0.57% and -0.45% respectively. Moreover, the price of gold has settled at $1322.51 per oz., while silver is now negotiating a spot price of $20.15 per oz. Thursday.
In the United States, Durable Goods Orders rose +4.2% in June, crushing expectations of only +0.5%. Moreover, Durable Goods Orders ex Transportation (June) came in unchanged, missing estimates of +0.5%. Finally, Initial Jobless Claims (July 19) were reported at 343K, against projections calling for 340K.
Beginning with the indices and composites, the NASDAQ rose +0.19% as it settles in region of 3585.77, up +6.70 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1680.17, descending -5.61 points or -0.31% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15484.72, presently -0.37% after a movement of -57.52 points.
Sectors are all mixed at the opening, however the Industrials and Healthcare sectors have distinguished themselves as the losers thus far, falling -0.57% and -0.45% respectively. Moreover, the price of gold has settled at $1322.51 per oz., while silver is now negotiating a spot price of $20.15 per oz. Thursday.