Stocks Rally Fades as Dollar Declines; Oil Climbs
Monday, 7 January 2019 18:08 WIB | MARKET UPDATE | Indeks berjangka ASS&P 500 Futures

The surge in risk appetite spurred by soothing Federal Reserve comments and easing of monetary policy in China showed signs of losing momentum on Monday, when U.S. equity futures and European stocks reversed gains even as shares in Asia rallied. The dollar fell to the lowest in more than two months against peers.

Futures on the S&P 500 Index decreased less than 0.05 percent as of 9:27 a.m. London time. Contracts on the S&P 500, Nasdaq and Dow Jones indexes all edged lower and the Stoxx Europe 600 Index dropped. In Asia, shares in Japan led a broad rally. Treasury yields fell following a surge on Friday after Federal Reserve Chairman Jerome Powell said policy is flexible and officials are œlistening carefully to financial markets.

Source : Bloomberg

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