US stocks close mixed. Dow rises, S&P unchanged. NASDAQ falls 0 (0)

<p>The major US stock indices are closing the session with mixed results today:</p><ul><li>Dow industrial average rose 152.95 points or 0.45% at 34347.04</li><li>S&P index fell -1.16 points or -0.03% at 4026.11</li><li>NASDAQ index fell -58.97 points or -0.52% at 11226.35</li><li>Russell 2000 rose 5.67 points or 0.30% at 1869.19</li></ul><p>For the trading week, the major indices are higher:</p><ul><li>Dow industrial average rose 1.78%</li><li>S&P index rose 1.53%</li><li>NASDAQ index rose 0.72%</li><li>Russell 2000 rose 1.05%</li></ul>

This article was written by Greg Michalowski at forexlive.com.

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Next week’s economic events and releases highlighted by US jobs on Friday 0 (0)

<p>What are the key events and releases for next week’s trading:</p><p>Tuesday, November 29:</p><ul><li>Canada GDP 8:30 AM ET. Estimate 0.2% versus 0.1% last month</li><li>US consumer confidence 10 AM ET. Estimate 100.0 versus 102.5 last month</li></ul><p>Wednesday, November 30:</p><ul><li>US ADP nonfarm employment change estimate, 8:15 AM ET. Estimate 195K versus 239K last month</li><li>US preliminary GDP for Q3. 8:30 AM ET. Estimate 2.7% versus 2.6% flash</li><li>US JOLTs job openings. 10 AM ET. Estimate 10.33M versus 10.72M last month</li><li>Fed chair Powell speaks at the Brookings institute. 1:30 PM ET</li></ul><p>Thursday, December 1</p><ul><li>Swiss the CPI month-to-month, 2:30 AM ET. Estimate 0.2% versus 0.1% last</li><li>OPEC meeting all day</li><li>US core PC price index, 8:30 AM ET estimate 0.3% versus 015% last</li><li>US ISM manufacturing PMI. Estimate 49.8 versus 50.2 last</li></ul><p>Friday, December 2</p><ul><li>RBA Gov. low speaks, 9:40 PM ET Thursday</li><li>RBNZ Gov. or speaks, 11:30 PM ET Thursday</li><li>US nonfarm payroll, 8:30 AM ET. Estimate 200K versus 261K last month</li><li>US unemployment rate, 8:30 AM ET. Estimate 3.7% versus 3.7% last month</li><li>US hourly <a target=“_blank“ href=“https://www.forexlive.com/terms/e/earnings/“ target=“_blank“ id=“cd852b85-3a1d-45ed-8691-cef64b568bed_1″ class=“terms__main-term“>earnings</a>, 8:30 AM ET. Estimate 0.3% versus 0.4% last month</li><li>Canada employment change, 8:30 AM ET. Last month 108.3 K</li><li>Canada unemployment rate, 8:30 AM ET. Last month 5.2%</li></ul>

This article was written by Greg Michalowski at forexlive.com.

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US stocks head into the last half-hour of trading for the week 0 (0)

<p>With 30 minutes to go in US trading, the major indices are mixed with the Dow industrial average rising, the S&P near unchanged at the NASDAQ moving lower.</p><p>The snapshot of the market currently shows:</p><ul><li>Dow industrial average up 180 points or 0.53% at 34373.80</li><li>S&P index is up 2.86 points or 0.07% at 4029.90</li><li>NASDAQ index -41.5 points or -0.37% at 11243.97</li></ul><p>The Russell 2000 of small cap stocks are up 9.72 points or 0.52% at 1873.24.</p><p>In the US at that market, yields are marginally change from early New York levels:</p><ul><li>two year 4.485% versus 4.489% near the start of the New York session</li><li>five year 3.897% versus 3.909% near the start of the New York session</li><li>10 year 3.714% versus 3.716% near the start of the New York session</li><li>30 year 3.766% versus 3.748% near the start of the New York session</li></ul>

This article was written by Greg Michalowski at forexlive.com.

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Major European indices in the day with modest gains 0 (0)

<p>The major European stock indices are closing the day modestly higher (Italy’s stocks fell fractionally).</p><ul><li>German Dax +0.01%</li><li>Frances CAC +0.08%</li><li>UK’s FTSE 100 +0.27%</li><li>Spain’s Ibex +0.34%</li><li>Italy’s FTSE MIB bucked the trend with a -0.05% decline</li></ul><p>for the trading week:</p><ul><li>German Dax, +0.76%</li><li>Frances CAC, +1.02%</li><li>UK’s FTSE 100, +1.37%</li><li>Spain’s Ibex, +3.55%</li><li>Italy’s FTSE MIB +0.14%</li></ul><p>Looking at the weekly chart of the Spain’s Ibex, and moved back up to retested 200 and 100 week moving averages. The 200 week moving averages at 8424.69. The 200 week moving averages at 8478.20. The high price today reached 8425.30 between the levels.</p><p>Looking at the German Dax, it also closed near a key weekly moving average. For it, the 100 week moving average comes in at 14556.06. The high price today reached 14571.66 just above that level, but backed off into the close. </p><p>That 100 week moving average will be a key barometer for that index in the new trading week. Move above is more bullish. Stay below is more bearish.</p>

This article was written by Greg Michalowski at forexlive.com.

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