US growth came out on top of protectionism: market news

Time to read
less than
1 minute
Read so far

US growth came out on top of protectionism: market news

June 04, 2018 - 12:30
Posted in:
0 comments

Optimism over largest economy’s growth came out on top of fears regarding US protectionism on Monday. Stocks in Europe rose together with peers in the US and Asia. Every sectors of Stoxx Europe 600 Index was in green today.

Photo © Gerd Altman, CC0 1.0

Optimism over largest economy’s growth came out on top of fears regarding US protectionism on Monday. Stocks in Europe rose together with peers in the US and Asia.

Every sectors of Stoxx Europe 600 Index was in green today. Utilities were in leaders. Index increased by 0,5% as a whole. Index FTSE of UK rose 0,7%. Euro gained 0,4% and costs $1,1708. British pound rose by 0,2% to $1,3367.

Dollar weakened after seven weeks of growth. Yields of US Treasuries today is at 2,91%. Futures of S&P 500 index rose 0,3%.

Emerging markets Index of MSCI increased by 1,1%. Emerging markets are rising together with its currencies.

WTI oil prices stabilized after morning drop at $65,95 per barrel. Gold price is $1293,79 per ounce.