EmailStock Market Update
Market Snapshot
| Dow | 15092.07 | -26.42 | (-0.17%) |
| Nasdaq | 3439.55 | +2.97 | (0.09%) |
| SP 500 | 1634.03 | +0.33 | (0.02%) |
| 10-yr Note | -6/32 | 1.925 | |
| NYSE | Adv 1112 | Dec 1888 | Vol 339.8 mln |
| Nasdaq | Adv 1108 | Dec 1352 | Vol 1.17 bln |
Industry Watch
| Strong: Consumer Staples, Health Care |
| Weak: Materials, Utilities, Industrials |
Moving the Market
 |
March business inventories: 0.0% actual, +0.3% Briefing.com consensus, +0.1% prior April retail sales: +0.1% actual, -0.3% Briefing.com consensus, -0.5% prior Retail sales ex-auto: -0.1% actual, -0.2% Briefing.com consensus, -0.4% prior |
Dollar Strength Continues
13-May-13 15:00 ET
Dow -26.42
at 15092.07,
Nasdaq +2.97
at 3439.55,
S&P +0.33
at 1634.03
[BRIEFING.COM] The key indices continue to trade within 0.2% of their respective flat lines as today's session enters its final hour.
Looking at the foreign exchange market, the Dollar Index holds onto a slim gain of 0.2% near 83.30 following a rather uneventful session. The bulk of today's dollar strength has come at the expense of the euro and the Australian dollar.
The euro is lower by 20 pips against the dollar. The pair trades near 1.2970 with today's weakness pushing the single currency below its 200-day moving average at 1.2995. The inability to regain the 1.3000 level sets up a potential test of support near 1.2800. The single currency could show more volatility tomorrow in reaction to several economic reports. Eurozone ZEW Economic Sentiment, industrial production, and German ZEW Economic Sentiment will all be reported tomorrow. In addition, EU finance ministers will meet in Brussels.
Elsewhere, AUDUSD is off by 65 pips near 0.9950 as action holds at an 11-month low. Aggressive selling over the past six sessions has shaved close to 350 pips off the pair as trade slides toward support in the .9800 area.
Looking at the foreign exchange market, the Dollar Index holds onto a slim gain of 0.2% near 83.30 following a rather uneventful session. The bulk of today's dollar strength has come at the expense of the euro and the Australian dollar.
The euro is lower by 20 pips against the dollar. The pair trades near 1.2970 with today's weakness pushing the single currency below its 200-day moving average at 1.2995. The inability to regain the 1.3000 level sets up a potential test of support near 1.2800. The single currency could show more volatility tomorrow in reaction to several economic reports. Eurozone ZEW Economic Sentiment, industrial production, and German ZEW Economic Sentiment will all be reported tomorrow. In addition, EU finance ministers will meet in Brussels.
Elsewhere, AUDUSD is off by 65 pips near 0.9950 as action holds at an 11-month low. Aggressive selling over the past six sessions has shaved close to 350 pips off the pair as trade slides toward support in the .9800 area.
