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S&P500
2415.82
+0.75
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NASDAQ
6210.19
+4.94
+0.08%
 
NYSE
11631.87
-7.43
-0.06%
 
MMM
200.67
+1.13
+0.57%
 
AXP
77.46
+0.02
+0.03%
 
T
38.12
-0.11
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BA
186.59
-0.48
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CAT
105.66
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CVX
104.72
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CSCO
31.5
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KO
45.39
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DD
77.85
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XOM
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223.53
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154.9
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36.26
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IBM
152.49
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123.66
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177.5
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UTX
121.85
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VZ
45.32
+0.01
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V
94.67
-0.37
-0.39%
 
WMT
78.13
-0.18
-0.23%
 
DIS
108.41
+1.14
+1.06%
 

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Hot news around the world

The dollar’s index slid a bit against the world’s major currencies following the release of the US jobs data. This follows the negative results of the US jobs data which showed a decline in the monthly wages of employees although the overall number of jobs increased. The US dollar index is responsible for measuring strength of the dollar against six major world currencies....

It is time China started using its foreign reserves in order to stabilise the yuan through maintaining marketing confidence in the currency. This follows reports of further depreciation of the currency following the recent dollar rally. The adviser to the central is foreseeing a further depreciation of the currency if nothing is done to stabilise it especially against...

Within 3 weeks, the US dollar has risen by huge margin attracting over 6 % of gains vs the Japanese Yen and close to 4 % vs the Euro. The dollar index has already recorded its highest mark since 2003. But, the continued run of gains was brought to an unexpected halt as the world’s major currency registered a minor loss taking it to with 10 points of the Japanese yen’s...

Possible rate hike believed to be responsible for the dollar’s gains The dollar has registered a fresh 13 year high mark following news of a possible rate hike. Despite the rise to the 13 year high mark, the dollar gave up a small fraction of its gains. The dollar flirted with what is understood to be its 13 year high mark before tumbling slightly. According to economic...

The recent big change in the currency system of India has been reported to create difficulties for tourists in finding cash in the country. Late on Tuesday, in a bid to curb corruption and as a crackdown on illegal money laundering, India’s government abolished the 1,000 and 500 rupee notes from circulation in public.The currency ‘upgrade’ The change has resulted...

The Yuan has slipped to the lowest level in nearly eight years against the dollar on Tuesday. This drop has been accelerated since victory of Donald Trump in the Presidential elections of the US. The value of a dollar rose to 6.8660 Yuan in the tightly controlled domestic market of China during early trading hours in China. Yuan reached the highest point during the global...

The Prime Minister of India, Narendra Modi dropped a bomb shell with the announcement that the highest valued currency notes of the nation would be demonetized. This surprise step sent shockwaves across small businesses which are heavily dependent on transactions based on cash. The tremors were felt by the stock markets when they opened up on 9th of November. However,...

On Thursday, US dollar remained near the 3-weeks low against all the major currencies after the very disappointing data of the service sector and the increasing uncertainty around the final outcome of presidential elections. EUR/USD fell by 0.23% to reach 1.1072 after reaching a high of 1.1126 which it hit earlier in the day. ISM report ISM released a report which showed...

US dollar weakened on Tuesday against yen and euro as the recent polls show that presidential race is still pretty tight. The ICE dollar index (DXY) which gauges the strength of the dollar against 6 major currencies fell by 0.5% to reach 97.9240. Clinton’s narrowing lead An ABC poll on Tuesday showed that Trump is actually leading over Clinton with 1 point. Moreover,...

There has been a 4 per cent increase in the price of Bitcoin in past 24 hours and it has reached over $650. This occurred following a mining conference held in Chengdu which pointed to the end of the scaling debate. This is the first time the Bitcoin value has crossed $650 mark since the Bitfinex hack. Many are of the opinion that the price is being driven by Chinese investors...