Dow extends gains on Syria, Nasdaq in red on Apple

FXstreet.com (Edinburgh) - US equities are prolonging their recent gains on Wednesday after President Obama adopted a diplomatic approach to resolve the situation in the Middle East, allaying tensions and boosting traders’ sentiment. The Nasdaq is decoupling from the rest of the markets, giving away recent gains on generalized disappointment around Apple Inc. (APPL) and the price of its freshly released devices. The greenback, in terms of the US Dollar Index, continues to grind lower, testing fresh lows around the mid 81.00s. At the moment, DowJones is up 0.72% followed by the S&P500, 0.23%. The Nasdaq is losing 010%.

Bourses in the Old Continent closed with gains on auspicious news from Syria and better-than-expected UK employment data, pushing the broader Stoxx600 to fresh multi-year highs. The IBEX35 was the best performer, up 0.86% ahead of the DAX, 0.58% and the FTSE100, 0.07%. Positive session for the single currency, regaining the 1.3300 handle and posting 2-week highs beyond 1.3320.

In the commodities’ space, the ounce troy of gold is printing marginal gains at $1,364, or 0.01% while the barrel of WTI is up 0.40% at $107.82.