US markets flat, as financial Wells Fargo & Co. weights

By FXstreet.com January 11, 2013, 01:50:00 PM EDT

FXstreet.com (Barcelona) - The US stocks are trading in the verge of the negative ground at the end of the week, as financials led by Wells Fargo & Co. ( WFC ).
In the meantime, the greenback, measured by the US Dollar Index, reverted a promising start and is now falling markedly against its rivals for the second consecutive session.
The DowJones is now up 0.04%, followed by the Nasdaq, advancing 0.03%; while the S&P500 is losing 0.11% after posting five-year highs on Thursday.

Markets in Euroland closed in a 'sea of green', with the British benchmark printing multi-year highs above 6,100 pts and up 0.33%, followed by the IBEX35, 0.53% and the DAX, 0.03%.
The single currency is extending the post-ECB rally, rapidly leaving behind the key resistance at 1.33, climbing as high as the proximities of 1.3370 on a relentless risk appetite.

Commodities are correcting lower, with the barrel of WTI losing 0.56% at 93.30 and the ounce troy of gold down 1.07% at 1660




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks: WFC



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