US equities storm higher on robust US data

FXstreet.com (Lisbon) - The US stock market experienced a higher opening Tuesday, beginning the trading week after a long weekend.

In the United States, ISM PMI Manufacturing was reported at 55.7 in August, beating expectations of 54.5. Markit Manufacturing PMI (August) came in at 53.1, missing estimates of 54.0, and compared with a figure of 53.7 previously.

Beginning with the indices and composites, today the NASDAQ rose +1.22% as it settles in region of 3633.31, up +43.85 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1649.60, ascending +16.39 points or +1.02% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 14918.63, presently +0.73% after a movement of +108.32 points.

Moving to commodities, the price of gold has settled at $1402.47 per oz., while silver is now negotiating a spot price of $24.42 per oz. Tuesday.

In terms of FX, the EUR/USD is now trading at 1.3170 (-0.15%), the USD/JPY has settled at 99.45 (+0.12%), the GBP/USD at 1.5558 (+0.09%), and the USD/CHF at 0.9357 (+0.12%).

US: ISM Manufacturing PMI climbs to 55.7 in August

The US ISM Manufacturing PMI rose to 55.7 in August from 55.4 in July, the Institute for Supply Management informed on Tuesday. Analysts expected a decrease to 54.
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US: Construction Spending grows more than expected in July

US Construction Spending rose 0.6% in July, after remaining flat the previous month, according to data released by the the US Census Bureau. This result is above consensus of +0.3%.
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