Markets at a Glance: Dow Jones up New Records :: Spread rebate, earn on Forex with FxCash Rebates: Forex strategies, trade Forex, Forex traders and their opinions, spread rebate service

Transfer account

Traders Trust

Up $8 to per lot

Partner ID: 601134 Account transfer is available

Traders Trust is a brokerage founded in 2009. The company values transparency above all, and that's why it's audited by such prominent companies as Deloitte and PwC. Being a classic ECN broker, Traders Trust focuses itself on advanced technologies and protection.

April 9, 2021 in 15:12

Markets at a Glance: Dow Jones up New Records

On Thursday, a new trading session closed with positive numbers, especially for the Dow Jones. The index broke records for another time this week. The rise in the US 20-year bond yields and the rise in technology stocks contributed in large part to this. On Friday, global stocks traded close to record levels after Wall Street market posted gains due to Federal Reserve Chairman Jerome Powell’s statement that the central bank can revive the economy without causing inflation.

Although most markets closed flat, concerns about US unemployment figures which unexpectedly climbed to 744,000, along with the global vaccination process, remain at the forefront of investors’ minds. This concern can be seen in a slightly weaker dollar, especially against: the Australian dollar, the New Zealand dollar, the pound sterling, and the Canadian dollar. Traders are watching the Canadian dollar closely as Canadian employment data is due to be released today, Friday.

As for metals, both gold and silver experienced fluctuations during Thursday’s trading session. The U.S. jobless claims pushed gold towards a weekly gain of over 1% while silver could be recording its largest weekly gain in four weeks.

News Traders Trust

Markets at a Glance: Dow Jones up New Records