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Fri, Oct 18th, 2019
[[ timeframe ]] futures price quotes as of Fri, Oct 18th, 2019.
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Futures Market News and Commentary

U.S. Stocks Settle Higher on Brexit Optimism and Strong Q3 Corporate Earnings Results

The S&P 500 Index ($SPX) on Thursday closed up +0.28%, the Dow Jones Industrials Index ($DOWI) closed up +0.09%, and the Nasdaq 100 Index ($IUXX) closed up +0.28%. U.S. stock indexes moved higher Thursday with the S&P 500 at a 3-1/2 week high and the Nasdaq 100 at a 2-1/2 month high on Brexit optimism and on better-than-expected Q3 corporate earnings results. The Euro Stoxx 50 shot up to a new 1-1/2 year high Thursday after the UK and European Union agreed on a new deal for Brexit, which also led U.S. stock indexes higher. However, the Euro Stoxx 50 gave up its gains and closed lower Thursday on doubts about passage of the Brexit deal after Northern Ireland's Democratic Unionist Party (DUP), which supports UK Prime Minister Johnson, said they will not vote for the Brexit deal when the UK Parliament votes on the deal Saturday. U.S. stocks maintained their gains Thursday on US/Chinese trade optimism after China's Ministry of Commerce said Thursday that China is currently working on the "... Read more
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