Shares of IT-companies put pressure on Stoxx Europe 600: Market News

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Shares of IT-companies put pressure on Stoxx Europe 600: Market News

August 17, 2018 - 12:53
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According to Bloomberg, European shares fell on Friday together with US equity indexes. Asian shares finish this week on positive note. Dollar is falling for a second day. US Treasuries are stable.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, European shares fell on Friday together with US equity indexes. Asian shares finish this week on positive note. Asian-Pacific MSCI Index grew by 0,5%. MSCI gauge for Emerging Markets gained 0,1%.

Dollar is falling for a second day. Bloomberg Dollar Spot Index lost 0,1%. US Treasuries are stable. Their yield is 2,85%.

Shares of IT-companies put pressure on Stoxx Europe 600 Index after disappointing results from US chips producers, including Nvidia and Applied Materials. Index lost 0,1%. Euro gained 0,1% to $1,1391.

While most Asian shares grew, Chinese equities declined, after President Trump said that China has to put something more on negotiation table during talks in two months.

Japanese yen gained 0,2% to 110,64 per dollar.

Brent oil price grew by 0,4% to $71,71 per barrel. LME zinc lost 1,5% to $2356 per ton. Bloomberg Commodity Index dropped 0,2%.