New Record Close for Nasdaq, Nikkei At Its Highest for 19 Years
June 24, 2015 6:40 am
U.S and Asian stocks ended with slight gains on Tuesday, with the Nasdaq pushing out another record close (5160) while investors waited eagerly for clarity on whether the Greek cash for reforms deal will come to fruition. The Dow Jones rose 24 points to close at 18,144, while the S&P500 moved up one point to close at 2,124. Japan’s Nikkei share average vaulted to the highest level since 1996, ramping up the gains to around 20% since the start of the year, closing at 20,868 in the previous session.
The Euro recouped its losses alightly to reach $1.1201 but remained well short of a $1.1410 top touched at the start of the week. Against the Yen, the Euro was down at 138.85, having fallen from 140. The US Dollar pushed back above 124.00 Yen and away from a recent trough of 122.46.
U.S. crude futures added 3 cents to $61.04 a barrel, while Brent rose 5 cents to $64.50. Gold fell on the firm dollar to reach $1,177.20 an ounce.
Within the equity space, a California water utility filed a class action lawsuit on Tuesday to recoup losses in the electric market that it blames on Barclays Bank, which the U.S. government fined $453 million in 2013 for manipulating electricity prices. Barclays stock opened 1% lower, trading around the 272p per share.
U.S and Asian stocks ended with slight gains on Tuesday, with the Nasdaq pushing out another record close (5160) while investors waited eagerly for clarity on whether the Greek cash for reforms deal will come to fruition. The Dow Jones rose 24 points to close at 18,144, while the S&P500 moved up one point to close at 2,124. Japan’s Nikkei share average vaulted to the highest level since 1996, ramping up the gains to around 20% since the start of the year, closing at 20,868 in the previous session.
The Euro recouped its losses alightly to reach $1.1201 but remained well short of a $1.1410 top touched at the start of the week. Against the Yen, the Euro was down at 138.85, having fallen from 140. The US Dollar pushed back above 124.00 Yen and away from a recent trough of 122.46.
U.S. crude futures added 3 cents to $61.04 a barrel, while Brent rose 5 cents to $64.50. Gold fell on the firm dollar to reach $1,177.20 an ounce.
Within the equity space, a California water utility filed a class action lawsuit on Tuesday to recoup losses in the electric market that it blames on Barclays Bank, which the U.S. government fined $453 million in 2013 for manipulating electricity prices. Barclays stock opened 1% lower, trading around the 272p per share.
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