The US stocks have risen for the first time since four days while the US Treasury stocks and dollar have dropped little.
The S & P 500 Index, offsetting the decline in the energy stocks, healthcare and technology stocks, finished the week at almost the beginning level. Crude Oil fell below the level of $ 43 per barrel. Concerns about the over supply of oil continue. Although the dollar fell, this fall did not delete his weekly earnings. On the other hand there was a rise in gold prices.
The weakness in energy prices was one of the most talked-about topics of investors this week. European investors have turned their attention to the outlook of the UK as investors in the US have turned to the rapidly rising but two-week worth of technology stocks.
What are the important events to follow in the markets next week? British Prime Minister Theresa May will announce details of the UK Parliament‘s plan to secure residence permits for European
The S & P 500 Index climbed 0.1% and reached the level of 2,435.50. Healthcare shares rose 3.5 percent this week, while energy shares dropped 3.3 percent.
Stoxx Europe 600 Index fell 0.2 percent, while FTSE 100 Index decreased 0.2 percent. MSCI Emerging Markets Index increased 0.4 percent. West Texas Oil (WTI) rose by 0.4 per cent to a level of $ 42.92 per barrel. Oil price has stabilized after entering the bear market early in the week. Gold rose 0.7 percent to $ 1,256.20 per ounce.
There was a0.1 percent decrease in Bloomberg Dollar Spot Index. The pound gained 0.4% against the dollar and reached 1.2728. The euro climbed 0.4 percent and traded at $ 1.1200. The yen has risen less than 0.1% against the dollar and reached the level of 111.29.