"Let me make this clear: we need FOUR traders, and FOUR traders only to join our exclusive team at UnitedOptions.com. We don't have room for any more traders, so please act quick to take advantage of this unbelievable offer:
0 Guaranteed Winning Trade - if you are one of our FOUR traders, we will give you an exclusive alert that is guaranteed to win up to 0. If the alert loses, we will immediately refund your money"
U.S. stocks fall as budget talks hit fresh snag; Dow drops 0.87%
Investing.com ג€“ U.S. stocks fell on Tuesday after lawmakers hit a fresh snag in their efforts to approve a spending package needed to reopen the federal government and also steer the country away from possible defaults.
At the close of U.S. trading, the Dow Jones Industrial Average finished down 0.87%, the S&P 500 index fell 0.71%, while the Nasdaq Composite index fell 0.56%.
Negotiations among lawmakers to find a way to fund the government and avoid possible defaults hit a snag on Tuesday after the Democratically-controlled Senate said it would stop working on a way out of the impasse until the Republican controlled House comes up with a new proposal.
The news sent stocks falling by catching investors by surprise, who were upbeat earlier when both the Senate and the House of Representatives prepared roadmaps to end the crisis that were viewed by many as compatible.
On Monday's PUT/SELL alert on McDonald's we had an invalid entry price after MCD opened well below the 94.55 or higher entry price. Check out the chart below: you can see the black line indicating the entry price of 94.55 or higher. Look lower at the arrow and you'll see MCD's actual opening of 94.31. Because the true opening price is below the listed entry price, this trade was to be avoided.
U.S. stocks gain on hopes for end to D.C. stalemate; Dow rises 0.42%
Investing.com ג€“ U.S. stocks rose on Monday as hopes began to build in the afternoon that policymakers are closer to agreeing on a plan to end a political deadlock that has closed the federal government and is also threatening to throw the country into default.
At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.42%, the S&P 500 index rose 0.41%, while the Nasdaq Composite index rose 0.62%.
The U.S. is due to hit its debt ceiling on Thursday, after which Washington won't be able to guarantee all of its obligations.
Negotiations between the White House and congressional Republicans and Democrats remained in a deadlock at the closing bell on Monday, with both sides unable to agree on a short-term debt ceiling increase.
A government shutdown, also the product of congressional ability to agree on a spending package, was set to enter its third week this week.
U.S. stocks gain on Yellen nomination, shutdown weighs; Dow rises 0.18%
Investing.com U.S. stocks rose on Wednesday after U.S. President Barack Obama appointed Janet Yellen as head of the Federal Reserve, replacing Ben Bernanke, who steps down in January.
A fiscal impasses that has closed the federal government continued to drag on Wednesday, which dampened gains.
At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.18%, the S&P 500 index rose 0.06%, while the Nasdaq Composite index fell 0.46%.
Yellen's nomination sparked demand for stocks due to her perceived dovish policy stance and tendency to favor current policies, including the Fed's USD85 billion in monthly asset purchases, which push up stock prices by driving down interest rates to spur recovery.
Weighing on gains, however, was a U.S. government shutdown that dragged on with few signs of a breakthrough ahead of an Oct. 17 deadline to raise the limit on federal debt borrowing and avoid a default sometime afterwards.
President Obama has insisted that he will only enter negotiations with congressional Republicans after the government is reopened and the U.S. debt ceiling is raised without conditions.
EUR/USD slips as faint hopes for budget impasse end emerge
Investing.com The euro inched lower against the dollar in mid-session U.S. trading on Tuesday as hopes began to sprout that lawmakers will end a budget impasse that closed the government and threatened to derail efforts to lift the country's debt ceiling and avoid default.
In U.S. trading on Tuesday, EUR/USD was down 0.01% at 1.3580, up from a session low of 1.3558 and off from a high of 1.3607.
The pair was likely to find support at 1.3543, Monday's low, and resistance at 1.3607, the earlier high.
A government shutdown dragged on Tuesday though hopes began to build that parties from both sides may be willing to return to the negotiating table to find a way to fund the government as well as lift the debt ceiling and avoid default.
The U.S. Treasury Department has estimated will that it will hit its borrowing limit by Oct. 17, after which the risk of default rises.
Still, the dollar's recovery was weak, as both sides said the other must move first.
Investing.com The dollar softened against most major currencies on Monday as fears began to grow that a fiscal impasse that closed the U.S. government will carry over into upcoming debt-ceiling debates and raise the possibility of government defaults.
In U.S. trading on Monday, EUR/USD was up 0.15% at 1.3575.
An ongoing impasse among U.S. lawmakers and the White House over terms needed to create a spending package and reopen the government sent investors avoiding the dollar on Monday.
Markets were also growing increasingly worried that the deadlock will affect negotiations to raise the U.S. debt ceiling, which the U.S. Treasury Department has estimated will be reached by Oct. 17, after which the risk of default rises.
Republican House Speaker John Boehner said Sunday the House will not support bills to fully reopen the government or increase the government debt ceiling unless the Obama administration agrees to talks aimed at reducing the deficit.
.png)
Register For...
Free Trade Alerts
Education
1-on-1 Support
eToro Copytrader Tips