Major US equities indices opened with strong gains on Wednesday and were being supported by easing Italian debt fears. News reports, suggesting that Italy’s government was open to reduce budget deficits in coming years and possibly avoid a collision with the European Union, boosted investors’ appetite for riskier assets – like equities. The early positive mood was further supported by upbeat ADP report, which showed that private sector employers added 230K new jobs in September, much higher than 185K expected and 163K previous. Adding to this, the US ISM non-manufacturing PMI unexpected jumped to 61.6 in September, marking its best level since 1997 and remained supportive of the up-move. During the opening hour of trade, the blue-chip Dow Jones Industrial Average carved a fresh new all-time high, while the broader S&P 500 Index remained within striking distance of its own record high level. Meanwhile, tech-heavy Nasdaq Composite Index added over 25-points and was seen building on its momentum back above the 8,000 round figure mark, though was still over 1% away from its intraday peak. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD Technical Analysis: It is a slow grind up FX Street 4 years Major US equities indices opened with strong gains on Wednesday and were being supported by easing Italian debt fears. News reports, suggesting that Italy's government was open to reduce budget deficits in coming years and possibly avoid a collision with the European Union, boosted investors' appetite for riskier assets - like equities. The early positive mood was further supported by upbeat ADP report, which showed that private sector employers added 230K new jobs in September, much higher than 185K expected and 163K previous. Adding to this, the US ISM non-manufacturing PMI unexpected jumped to 61.6 in September, marking its… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
