The Latest Breaking News from LAGARDE

Stocks See Support from Global Economic Optimism

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.08%. Stocks are slightly higher, with the Nasdaq 100 climbing...

Barchart · Jul 31, 2023

Dollar Rallies on Signs of U.S. Economic Strength

The dollar index (DXY00 ) Thursday recovered from early losses and finished up by +0.90% at a 2-week high. Stronger-than-expected U.S. economic news today on Q2 GDP, weekly jobless claims, and Jun pending home sales boosted T-note yields and supported the dollar. Also, weakness in the euro was bullish for...

Barchart · Jul 27, 2023

After a 13-Day Winning Streak, the Dow Jones Moves Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.46%. Stocks have given back their morning gains and are...

Barchart · Jul 27, 2023

Stocks Higher After June's U.S. Payroll Report

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.64%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.9%. Stocks are higher after the U.S. June payrolls report...

Barchart · Jul 7, 2023

Stocks Slightly Lower as U.S. Payroll Report Keeps Fed Rate Hikes in Play

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.15%. Stocks this morning are modestly lower after the U.S....

Barchart · Jul 7, 2023

Markets Today: Stocks Slip as U.S. Wage Pressures May Keep the Fed Hawkish

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.20%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.07%. U.S. stock index futures this morning initially erased overnight losses and turned higher after U.S. Jun nonfarm payrolls rose less than expected, which eases concerns...

Barchart · Jul 7, 2023

Euro Sees Support from Hawkish Lagarde Comments

The dollar index (DXY00 ) Tuesday fell -0.21%, while EUR/USD (^EURUSD ) rose +0.43% on hawkish comments by ECB President Lagarde. USD/JPY (^USDJPY ) rose +0.37%. Tuesday’s May U.S. durable goods orders report of +1.7% m/m was stronger than expectations of -0.9%. Also, capital goods orders ex-defense and ex-aircraft, a...

Barchart · Jun 27, 2023

Crude Oil Prices Close Lower as Economic Concerns Dominate

August WTI crude oil (CLQ23 ) Tuesday closed down -1.67 (-2.41%), and Aug RBOB gasoline (RBQ23 ) closed down -3.27 (-1.33%). Crude oil fell as concern resurfaced about Chinese and global economic growth. ECB President Lagarde Tuesday reiterated hawkish comments. Also, there is no longer any concern about Russian oil...

Barchart · Jun 27, 2023

Crude Oil Prices Lower as Economic Concerns Dominate

August WTI crude oil (CLQ23 ) today are down -0.78 (-1.12%), and Aug RBOB gasoline (RBQ23 ) are unchanged. Crude oil are lower today as concern resurfaces about Chinese and global economic growth. ECB President Lagarde today reiterated hawkish comments. Also, there is no longer any concern about Russian oil...

Barchart · Jun 27, 2023

Euro’s Interest Rate Advantage Expected to Fade by Year-end

Today’s hawkish comments by ECB President Lagarde gave the euro (^EURUSD ) a small boost. However, the markets are expecting the ECB to be done tightening monetary policy by this autumn or winter, which would eliminate the euro’s current interest rate advantage. At the ECB’s retreat in Portugal, ECB President...

Barchart · Jun 27, 2023