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American equity markets in the green Friday following G20
The US Stock market experienced a slightly positive opening Friday, as investors digest the statement of the G20, which has sent the yen plummeting. In the United States, Net Long-term TIC Flows (December) were reported at $64.2B, relative to $54.2B in the previous month. Moreover, Industrial Production (MoM) has contracted -0.1% in January, against expectations for a +0.2% growth. Finally, the Reuters/Michigan Consumer Sentiment Index (February) came in at 76.3, vs. projections of 74.8.
Beginning with the indices and composites, the NASDAQ rose +0.09% as it settles in region of 3202.20, up +2.76 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1522.88, ascending -1.52 points or +0.13% at the time of writing. Finally, the Dow Jones has moved higher at the opening as well, trading in the zone of 13981.15, presently +0.06% after a movement of +7.76 points.
Sectors are all in the green at the opening, however the Energy and Basic Materials sectors have distinguished themselves as the lone losers thus far, falling -0.43% and -0.23% respectively. In other news, the price of crude has settled above USD $94.45 Friday.