Out withee a playing the aussie dollar. I want to highlight copper, off about 1 . That stronger dollar story radiating throughout the commodities. Update ons get an what is making headlines outside the business world. Made aurricane maria has bad situation worse. The storm knocked out power to the whole island, and caused intentionally billions of dollars in damage. Continuing the population exit is that help push the u. S. Commonwealth into bankruptcy. In mexico city, there is a race against time to rescue a young girl trapped in the rubble of a school. She has been there for more than a day since a killer earthquake rocks the mexican capital and the region. The death toll is now 230. Dozens of buildings have collapsed and dozens more are in danger of falling. A british Prime Minister theresa may may try to jumpstart brexit negotiations. Needs discussing the use for a brexit bill worth tens of billions of dollars. Global news, 24 hours a day, powered by more than 2700 journalists and
onto gains today come middle of the range and where we have seen them trade over the us of the session. The nasdaq has gained some steam, up by. 5 . We have an oil rebound that is helping stocks, anticipation of additional stimulus tomorrow from the ecb, and sort of a snapback effect from yesterdays what ended up being pretty sizable declines for the major averages. Lets look at the bloomberg for the groups on the move. A little more green than they were earlier. Now technology is joining energy stocks. Materials trading higher today. We look at oil prices, it has been an interesting day ever since we got the weekly inventories at 10 30 this morning, which saw a built in inventories but a drawdown in gasoline. Looks like there was an uptick in demand for gasoline. That is one of the things fueling the gains we are seeing in Oil Prices Today. There,looking at it health care at the bottom of the list. Julie health care one of the drags, particularly biotech stocks hit it is limiting some
Wall Street increases before the U.S. jobs report
The U.S. stock market rose on Thursday as investors waited for the next move by the Federal Reserve ahead of crucial jobs on Friday.
The S&P 500 gained 0.5 percent in New York, adding to recent records that traders weigh in on strong corporate earnings forecasts as the Fed cuts its monthly bond purchases that have secured asset prices during the pandemic. The technology-oriented Nasdaq Composite index rose 0.1 percent as it traded earlier in the day.
The dollar index, which measures the green dollar against its peers around the world, rose 0.1 percent from its beginning in April to its highest level. This change helped send the pound sterling and the euro to two-month lows against the dollar at $ 1.3761 and $ 1.1846, respectively.