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13 Jun 2013
US equities experience soft opening, Dow below 15,000
FXstreet.com (New York) - The US stock market notched marginal declines Thursday at the opening, despite upbeat retail sales in the US.
United States sees upbeat economic data
In the United States, Retail Sales (MoM) have climbed +0.6% in May, beating expectations of +0.4%. Moreover, Initial Jobless Claims (June 7) yielded 334K, against estimates of 345K.
Beginning with the indices and composites, the NASDAQ fell -0.11% as it settles in region of 3397.45, down -3.84 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1611.66, ascending -1.79 points or -0.09% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 14991.93, presently -0.02% after a movement of -3.30 points.
Sectors are all lower at the opening, however the Basic Materials and Financials sectors have distinguished themselves as the winners thus far, rising +0.38% and +0.06% respectively. Moreover, the price of gold has settled at $1378.60 per oz., while silver is now negotiating a spot price of $21.71 per oz.
United States sees upbeat economic data
In the United States, Retail Sales (MoM) have climbed +0.6% in May, beating expectations of +0.4%. Moreover, Initial Jobless Claims (June 7) yielded 334K, against estimates of 345K.
Beginning with the indices and composites, the NASDAQ fell -0.11% as it settles in region of 3397.45, down -3.84 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1611.66, ascending -1.79 points or -0.09% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 14991.93, presently -0.02% after a movement of -3.30 points.
Sectors are all lower at the opening, however the Basic Materials and Financials sectors have distinguished themselves as the winners thus far, rising +0.38% and +0.06% respectively. Moreover, the price of gold has settled at $1378.60 per oz., while silver is now negotiating a spot price of $21.71 per oz.