Money News: US Markets Continue Steady; London Markets Strong in Wake Of Scot Vote

AddThis Social Bookmark Button

The four U.S. Markets, Dow Jones Industrial Average, NASDAQ, S&P 500 and Russell 2000, fluctuated throughout the week, mildly frustrating investors and analyst, and ending the week with the DOW up and the other three closing slightly down.

 

The DOW opened the week above the 17,000 record at 17, 267.21 and fell slightly on Monday. Recovering the DOW charged throughout the week, with steady gains, ending the week closing up at 17,279.74 for a net gain of +13.75/+0.08%.

Big winners for the week include Microsoft Corp (+0.84/+1.80%) trading with a closing price of $47.52 per share, Verizon Communications (+0.66/+1.33%) closing up at $50.35 per share, McDonald's Corp at $93.36 per share up (+0.88/+0.94%) and AT&T Inc at $35.47 per share up (+0.31/+0.88%).

Losers include Caterpillar Inc (-1.83/-1.75%), Pfizer Inc (-0.18/-0.59%), Goldman Sachs Group (-1.69/-0.90%), and Intel Corp (-0.35/-1.00%).

Active on the DOW include Microsoft Corp in heavy trading moved 202.53M shares closing up at $47.52 with a loss of +1.80%, Coca-Cola Co traded 47.56M shares in light trading for a net gain of +0.62%, Intel Corp moved 47.34M shares in strong trading for a net loss of -0.08%, and Cisco Systems Inc, also in light trading moved 47.34M shares for a loss -0.08% to $25.20 per share.

Although NASDAQ closed down, the NASDAQ continued its upward movement with analysts predicting a record high of 5,000 in the next two months. NASDAQ closed down 4579.79 down -13.64/-0.30%.

The S&P 500, ran alongside the NASDAQ, and Russell 2000, closing slightly down at 2010.40, with a loss of -0.96/-0.05%.

Russell 2000 also had a strong week closing, and like the NASDAQ only slightly lower at 1,146.92 with a loss of -12.35/-1.07%.

World Markets

Unable to maintain the momentum of the previous week, the ten most watched world markets Canada's S&P TSX Composite, the Dow Jones Industrial Average of the U.S., Mexico's IPC, London's FTSE 100, Germany's DAX, CAC 40 of France, the SENEX of India, the Hang Seng Index and the Shanghai Composite closed the week with a sixty/forty split.  

Nikkei 225

The Japanese Nikkei 225, continue to recover from the Asian market bloodbath and uncontrollable spin over the past month, finally shook off the restraints, charged ahead and closed up at 16, 321.17 with a gain of (+253.60/+1.58%). 

Big winners for the week include Sumco Corp (+72.00/+6.09%), TDK Corp (+320.00/+5.41%) and IHI Corp (+26.00/+5.06%) and Okuma Corp (+41.00/+4.84%),

Losers include Kao Corp (-129.50/-2.96%), Fujitsu, Ltd (-8.00/-1.48%), Nippon Telegraph & Telephone Co ltd (-107.00/-1.54%), Shiseido Co Ltd (-24.00/-1.28%).

Movers on the Nikkei include Unitika Ltd in strong trading moved 77.29M shares and gained slightly over the week closing up (+2.08%) at ¥49.00 per share, Mitsubishi UFJ Financial also in strong trading at 64.89M shares to close up at ¥629.30 per share for a net gain of (+1.30%) and Nippon Steel & Sumitomo Metal in medium trading at 52.09M shares to close up at ¥299.30 per share for a net gain of (+0.84%).

FTSE 100

London Markets surprised all this week and was unflappable during the height of the succession fever. On Thursday the FTSE surged 32points, at that time a sign to investors around the world of the impending outcome of the referendum.

In moderate trading the FTSE 100 gained slightly throughout the week and closed up 6837.92 with a net gain of +18.63/+0.27%.

Big winners in the FTSE 100 include 3iOrd (+12.70/+3.29%), St. James's Place PLC (+21.00/+3.00%), Royal Bank of Scotland (+8.80/+2.46%) and Babcock International (+26.00/+2.44%).

Losers include Randgold Resources Ltd (-75.00/-1.69%), Rio Tinto PLC (-50.50/-1.56%), Wolseley PLC (-47.00/-1.40%) and BHP Billiton PLC (-23.00/-1.27%).

Active on the FTSE 100 includes Lloyds Banking Group moved 399.97M shares in a third straight week of heavy trading heavy trading to close up at €76.82 a gain of +1.25%, Vodafone Group PLC moved 104.13M shares, in a third week of solid trading closing up at €204.65 with a gain +0.10% and Barclays PLC moved 76.51M shares, in a second week of strong trading, selling up at €234.15, for a net loss of -0.17%.

Hang Seng Index

The Hong Kong Markets rallied throughout the week charging ahead. The Hang Seng steadily gained ground throughout the week and closed up at 24,306.16 with a net of gain of +137.44/+0.57%

Index Movers on the Hang Seng Index include Sands China Ltd (Hong Kong) (+1.55/+3.60%), Galaxy Entertainment (+1.50/+3.01%),  AIA Ltd (+1.00/+2.40%), Tencent Holdings Ltd (+2.30/+1.87%).

Active trading on the Heng Seng Hong Kong Index includes China Petroleum & Chemical Group in medium trading 167.10M shares closed down at HK$7.05 with a net loss of -0.14% and Bank of China Ltd in heavy trading moved 309.70M shares closing at HDK$3.62 with a loss of -0.55%.

Losers for the week include China Mengniu Dairy down (-0.70/-1.96%), Tingyi (Cayman Islands) down (-0.37/-1.84%) and China Resources Power Holdings Co Ltd (-0.40/-1.72%).

 

Source: Bing Finance

Haute Tease

  • The Alienist Review - Powerful, A Riveting. Mind-Bending, Psychological Thriller

    AddThis Social Bookmark Button

    The Alienist, from Turner Studio T, presents turn of the century Manhattan, and the seedy underside of the immigrant age, as power muscles its way to dominance, others are forced into slavery, in the midst a killer emerges.

     
  • Breaking News: AirAsia 95% Sure Debris Found is Missing Aircraft

    AddThis Social Bookmark Button

    Small debris fields presumably from AirAsia Flight 8501, which disappeared from radar during severe thunderstorms, have been spotted in the Java Sea some twelve miles from the last known contact with the airliner, authorities and Reuters News Agency has reported.

     
  • OSCAR Trivia: 25 Facts on Lead Actor Nominee Leonardo DiCaprio

    AddThis Social Bookmark Button

    Since entering the international stage with his portrayal of a downtrodden artist in "Titanic," Leonardo DiCaprio has helmed the majority of the films he's appeared in. From the con artist in "Catch Me If You Can" to the revenge-seeking explorer in "The Revenant," DiCaprio manages time and time again to artfully portray iconic characters with cross-generational appeal.  

  • $12 Million To The Academy Museum Of Motion Pictures

    AddThis Social Bookmark Button

    BEVERLY HILLS, CA – The Academy of Motion Picture Arts and Sciences announced today that it has received a $7 million gift from Dolby Laboratories to provide cutting-edge audiovisual technology in the Academy Museum of Motion Pictures' movie theaters. Additionally, the Dolby family has made a $5 million gift to the Academy Museum's capital campaign. In recognition of this gift, the Academy will name the Museum's rooftop terrace the Dolby Family Terrace.  

     
  • Pope Francis Begins His Historic Visit; Defines Edicts For the 1.2Billion Roman Catholics

    AddThis Social Bookmark Button

    Pope Francis arrived yesterday in Washington D.C. greeted by President Obama and First Lady Michelle, His Excellency opted for a more conservative Italian manufactured Fiat, as he began his six day visit in America.

     
  • World News: The Yellow Vest Movement Showing Signs of Fading

    AddThis Social Bookmark Button

    What will remain of the movement of the Yellow Vests? No one can say it, but the current wilting of the movement finds its origins in the absence of political structuring able to ensure its durability.

     
  • THE CENTRAL PARK FIVE, Riveting, Attention Grabbing and Brutally Accurate

    AddThis Social Bookmark Button

    THE CENTRAL PARK FIVE, a gripping documentary that details the travesty of justice that left six lives shattered and a judicial system in question recently previewed during the American Film Institute Film Festival in Hollywood, California.

     
  • Money News: Paris Terrorist Attack Sends Investor Confidence Plummeting; Dow, European Markets Close Down, Asian Up

    AddThis Social Bookmark Button

    The Charlie Hebdo Terrorist Attacks sent reverberations throughout the world as investors remained shaken and concerned. The December Jobs Report, released from The Bureau of Labor Statistics, heralding another success for the Obama Administration couldn't save the Dow Jones Industrial Market from sustaining heavy losses.

     
  • Celebrity Real State News: Enrique’s Former Miami Mansion, with Prime Bay and Skyline Views, On Market

    AddThis Social Bookmark Button

    The Iglesias men cover a wide range of music genres.  Father Julio, now 73, with his chiseled features, deeply romantic songs, and smooth bedroom voice, with a law degree on the side, has sold over 120 million records.  

     
  • Op/Ed: Sacrificing Freedom to Vaccination

    AddThis Social Bookmark Button

    The Oath of Hippocrates states physicians have the duty to advise their patients according to the best of their ability and judgment. Physicians usually recommend vaccination, believing that for a particular patient, the benefit exceeds the risk.

     
  • Breaking: Judge Orders All Cash Bonds on New Mexico Child Killers

    AddThis Social Bookmark Button

    In the first court appearance since their arrest on the murder of 10-year-old Victoria Martens, a New Mexico Judge has ordered bond set on all three at 1M all cash for Michelle Marten, Fabian Gonzales and Jessica Kelly.

     
  • Aurora Shooter James Eagan Holmes Found Guilty; Hank Brennan Explains Sentencing Phase

    AddThis Social Bookmark Button

    James Eagan Holmes, former doctoral student, has been found guilty in the Aurora movie theater attack that left 12 dead and more than 58 injured as he stormed, in paramilitary fashion, the midnight showing of the film, The Dark Knight Rises.

     
  • L’Ecole Serves Sunday Brunch For Charity

    AddThis Social Bookmark Button

    L’Ecole, the restaurant of The French Culinary Institute, recently extended an invitation to enjoy the classic French cuisine prepared under the supervision of internationally renowned master chefs.

     
  • TEXAS CHAINSAW 3D – Gory and Surprisingly Terrific

    AddThis Social Bookmark Button

    TEXAS CHAINSAW 3-D, from Director John Luessenhop, LIONSGATE and Millennium Films, brings to the screen a terrifying, gruesome and gorrific sequel to the 1974 cult horror classic.

     
  • Murder on the Orient Express Review – Masterful Storytelling; Star-Studded Cast; Thrilling

    AddThis Social Bookmark Button

    Murder on the Orient Express, from Twentieth Century Fox and Scott Free Productions, presents the timeless classic from master mystery writer Agatha Christie, a whodunit, taking audiences on a journey through the mind of the greatest detective in the world.

 

Login Form