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Stock Market News for January 17, 2017

collected by :Dicson Walt

follow the latest news about stock market from different sites most famous technicals /Zacks Equity Research by 2017-01-18 at 8:14

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Stock Market News for January 17, 2017

Stock Market News for January 17, 2017*/

– Markets endured a roller coaster ride last week as investors mostly remained focus on President-elect Donald Trump’s first news conference since Nov 8.Meanwhile, domestic economic data, fourth quarter earnings primarily from financial sector and volatile movement in oil prices also had a significant impact on benchmarks during the week.Markets remained closed on Monday due to Martin Luther King Jr. Day.
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How To Profit From The Disappearing U.S. Stock Market – SPDR S&P 500 Trust ETF (NYSEARCA:SPY)

How To Profit From The Disappearing U.S. Stock Market - SPDR S&P 500 Trust ETF (NYSEARCA:SPY)*/

– The stock market is the ultimate democratic institution.It doesn’t care where you came from, where you went to college or even how you earned the money you are investing.Traditionally, the stock market offered a way to build your wealth by buying into the United States’ fastest-growing companies.
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US Stock Market Indexes Down After Trump Calls Dollar ‘Too Strong’

US Stock Market Indexes Down After Trump Calls Dollar 'Too Strong'*/

– © Sputnik/ Igor Russak Foreign Investors See Ruble as ‘One of the Best Bets’ in 2017On Tuesday, the Dow Jones industrial average fell 58.96 points, or 0.3 percent, to 19,826.77.The Standard & Poor’s 500 index lost 6.75 points, or 0.3%, to 2,267.89, while the Nasdaq composite index declined 35.39 points, or 0.6 percent, to 5,538.73.The same day, the dollar index, which measures the currency against a basket of six major peers, fell approximately 0.7 percent, reaching 100.26, its lowest level since December 8.
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Indonesia Stock Market Called Lower Again On Wednesday

Indonesia Stock Market Called Lower Again On Wednesday*/

– The losing streak has hit seven sessions now for the Indonesia stock market, which has surrendered more than 80 points or 1.6 percent in that span.The Jakarta Composite Index now rests just above the 5,265-point plateau, and the losing streak is expected to continue on Wednesday.The global forecast for the Asian suggests mild consolidation, with weakness from the financial shares likely to be offset by strength from the energy sector.
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China Stock Market May Open Under Pressure

China Stock Market May Open Under Pressure*/

– Shutterstock photo(RTTNews.com) – The China stock market on Tuesday snapped the five-day losing streak in which it had fallen almost 70 points or 2.3 percent.The Shanghai Composite Index now rests just beneath the 3,100-point plateau, although the market is likely to turn lower again on Wednesday.The global forecast for the Asian markets suggests mild consolidation, with weakness from the financial shares likely to be offset by strength from the energy sector.
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