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American equity markets a mixed bag Friday

FXstreet.com (Barcelona) - The US stock market finally rallied slightly Friday, offering up a mixed opening for investors in the absence of economic data out of the United States. Beginning with the indices and composites, the NASDAQ climbed +0.20% as it settles in region of 3172.30, up +6.30 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1544.13, ascending +2.40 points or +0.19% at the time of writing. Finally, the Dow Jones has edged lower at the opening, trading in the zone of 14492.14, presently -0.31% after a movement of -45.00 points.

Sectors are all lower at the opening, however the Conglomerates and Technology sectors have distinguished themselves as the losers winners thus far, plummeting -1.27% and -0.33% respectively. In other news, the price of crude is testing USD $87.17/bbl Friday.

Forex: AUD/USD trims gains

The Australian dollar is giving up gains at the beginning of the New York session as risk appetite ebbed and stocks turned negative in Wall Street.
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Forex Flash: Qe3 not wound back yet amidst warnings of deflation – UBS

Bullard is considered one of the less dovish FOMC voting members, so his warning that more asset purchases may be needed to prevent deflation should be taken seriously. Sequential core inflation is falling again, as seems to be the case ever year as the US experiences a 'summer price lull'.
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