World stocks rise as dollar rally slows

Stocks in the United States are pointed toward a higher open Friday as a post Federal Reserve rally in the dollar slowed. The S&P 500 is up 0.18%, while the NASDAQ is up 0.15%. The Dow Jones is up 0.21%.

Asian stocks were mixed. The Shanghai rose 0.17% and the Hang Seng was down 0.18%. The Nikkei rose 0.66%.

European stocks are higher. The FTSE is up 0.20%, while the DAX is up 0.32%. The Euronext 100 is up 0.49%.

Energy futures are mixed today. The price for West Texas Intermediate crude oil is up  0.19 at 51.09 per barrel. Brent crude is up 0.31 at 54.33 per barrel. Natural Gas is down -0.05 at 3.39. Precious metals are up this morning. Gold is up 5.9 at 1133.4 per ounce. Platinum is up 6.42 at 903.62 while silver is up 0.17 at 16.13. The dollar is mixed  compared to the major currencies today. The greenback is down against the euro, up  against the Yen and down  against the Pound.
CBRE Group (CBG),Pulte Group (PHM),and Adobe Systems (ADBE) are early risers, while Occidental Petroleum (OXY),Valero Energy (VLO),and MetLife (MET) are down. [InvestorsKeyhole, various news and data sources]

Bobby Raines

Bobby Raines

Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in Mass Communications and History from Emory & Henry College. Bobby worked at a mid-sized daily newspaper before making a switch to covering the financial industry full time in the years leading up to the financial crisis. He has been a member of the Fresh Brewed Media team since 2011 and has served as a writer and analyst. You can write to him at or follow him on Twitter: @BRatMICenter.

You May Also Like