US Indices Close Higher, Fed Monetary Policy Statement Today
June 17, 2015 6:28 am
US stocks rose in Tuesday’s session with European M&A activity providing a welcome relief from back to back declines. It was enough to offset Greek debt deal concerns with the Dow closing 113 points higher at 17,904 and the S&P500 gaining 11 points to close at 2,096. Asian shares climbed off three month lows as investors waited for signs from the Federal Reserve that interest rates could rise before the end of the year.
The Dollar was little changed against the Yen at 123.57 with most major currencies in a holding pattern. The Euro was hovering around $1.12480, well within the $1.1150/1.1384 range of the past week or so.
U.S. crude futures edged up 11 cents to $60.11 a barrel, while Brent added 5 Cents to $63.78. Gold was steady at $1,179.50 an ounce. High street sports retailer JD Sports said it expects to meet annual forecasts after a solid start to the year despite tough competition and weaker margins in Europe. The firm remains confident that current earnings expectations for the group for the year ended should be met. The stock was trading 0.5% higher on the open at 670p per share.
US stocks rose in Tuesday’s session with European M&A activity providing a welcome relief from back to back declines. It was enough to offset Greek debt deal concerns with the Dow closing 113 points higher at 17,904 and the S&P500 gaining 11 points to close at 2,096. Asian shares climbed off three month lows as investors waited for signs from the Federal Reserve that interest rates could rise before the end of the year.
The Dollar was little changed against the Yen at 123.57 with most major currencies in a holding pattern. The Euro was hovering around $1.12480, well within the $1.1150/1.1384 range of the past week or so.
U.S. crude futures edged up 11 cents to $60.11 a barrel, while Brent added 5 Cents to $63.78. Gold was steady at $1,179.50 an ounce.
High street sports retailer JD Sports said it expects to meet annual forecasts after a solid start to the year despite tough competition and weaker margins in Europe. The firm remains confident that current earnings expectations for the group for the year ended should be met. The stock was trading 0.5% higher on the open at 670p per share.
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