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The good results of Alphabet and Starbucks have propelled the S & P 500 and Nasdaq composite indices to unprecedented highs, with data indicating slower growth in the US economy than expected in the second quarter.
The S & P 500 Index gained 22.19 points or 27.192 points, up 0.14% from the Dow Jones Industrial Average, up 51.2 points or 0.19%. to reach 3,025.86 points, up 1.65%, and Nasdaq up 91.67 points or 1.11%. 8330.21 points, ending the week up 0.89%.
European shares
Large companies lifted European stocks on Friday (July 26th) as a rally at Vodafone UK and the good performance of media companies and Nestlé boosted the ECB's sales rebound.
The European Stoxx600 rose 0.3% after its worst week in the last three weeks, recording a weekly gain of 0.9%. The British FTSE 100 index outperformed the other European indexes with a 0.8% advance, supported by telecommunications companies, finishing the week up 0.54%.
Oil prices rose on Friday, July 26, at the end of the week after stronger-than-expected US economic data boosted crude oil demand prospects as well as worries about the safety of oil transportation around the Strait. Hormuz, who could threaten the offer.
Futures contracts on Brent rose 7 cents to $ 63.46 per barrel. The week ended at 1.7%. The American crude
US economic growth slowed less than expected in the second quarter as consumer spending rose, boosting oil consumption expectations.
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Precious metals
The price of gold rose on Friday, July 26 after hitting a one – week low in the previous session, buoyed by expectations that central banks would ease monetary policy and US data.
Gold rose 0.26% to 1418.5, after falling to $ 1410.77 in the previous session, to its lowest level in a week, but it has lost 0.56% since beginning of the week.
For other precious metals, silver fell 0.01% to 16.41 dollars an ounce, but rose for the third consecutive week, up 1.11%.
Platinum dropped 0.62% to 868 dollars an ounce and palladium rose 0.33% to 1535 dollars an ounce.
Coins
The dollar has appreciated near a two-month high on Friday, July 26 to end the week's earnings for a second consecutive week. Dollar gains were supported by US evidence and widening yield spreads between US and German debt.
The dollar index, which tracks the performance of the greenback versus a basket of currencies, rose 0.09% to 97.91, below the two-month high of 97.92 recorded at the end of the year. previous session.
The euro has reached 1.118 billion dollars, after reaching its lowest low of 1.1102 dollars after the decision of the European Central Bank on Thursday, but lost 0.84% over the course of the year. the week.
The pound fell to $ 1.2382, with a weekly loss of 0.96%.
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