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US equities recover Friday

FXstreet.com (New York) - The US stock market managed to recover a portion of its grim losses incurred yesterday, after the FOMC fallout triggered a widespread correction.

Beginning with the indices and composites, the NASDAQ rose +0.32% as it settles in region of 3374.74, up +10.56 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1598.15, ascending +10.77 points or +0.68% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 14807.93, presently +0.34% after a movement of +49.61 points.

Sectors are all higher at the opening, however the Telecoms and Consumer non-Cyclical sectors have distinguished themselves as the winners thus far, climbing +1.04% and +0.99% respectively. Moreover, the price of gold has settled at $1294.63 per oz., while silver is now negotiating a spot price of $19.94 per oz.

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