Money News: World Markets Rebound; DOW Up, American Markets Steady

AddThis Social Bookmark Button

The US Markets continued to show strong signs of steady growth, with Asian and European Markets also showing signs of consumer confidence, as shoppers are positively responding to consumer friendly incentives and the November Jobs report caps a year of economic growth to end 2014.

 

With Black Friday and Cyber Monday history retailers are banking on Green Monday, a term coined by online giant Ebay, for the third biggest single day boost of the Shopping season.

Retailers are creating deals which even in the eye of the budget minded are seeing solid deals and rational for the greater spend. Using a combination of hidden, in-store, pop up sales, online deeply discounted opportunities and advertised online and in store savings to lure shoppers into a deeper then budgeted spend.

The DOW opened at 17,903.05 and held a daily range of 17,903.05-to-17,991.19 as the markets continued to rebound regaining strength riding the heels of an above average November Jobs report.  

The DOW continued its daily rally and closed up nearing a new record at 17,958.79 with a gain of (+58.69/+0.33%).

The Gainers for the week include JPMorgan Chase & Co (+1.32/+2.15%) with a closing price of $62.70 per share, Goldman Sachs Group Inc closed up at $195.45 per share for a gain of (+3.50/+1.82%), Pfizer closed at $31.99 per share for a gain of (+0.32/+1.01%) and E I du Pont de Nemours & Company closing at $73.07 per share up at (+0.70/+0.97%).

Losers for the week included Microsoft, in medium trading, moved 27.31M shares closing down at $48.42 per share for a slight loss of (-0.86%) Cisco Systems Inc, also in medium trading moved 26.72M shares, closed down at $27.50 per share with a loss of (-0.97%).

The NASDAQ recovered from the slight fall, rallied and closed up at 4,780.76 with a gain of (+3.45/+0.17%).

The S&P 500 experienced small gains closing slightly up at 2,075.37 for a gain of (+3.45/+0.17%).

Russell 2000 mini experienced mild gains closing slightly up at 1,182.43 for a loss of (+9.42/+0.80%).

World Markets

The ten most watched world markets the Dow Jones Industrial Average of the U.S., CAC 40 of France, Germany's DAX, Japan's Nekkei 225 and the Shanghai Composite Canada's S&P TSX Composite, London's FTSE 100, Mexico's IPC, the Hong Kong Hang Seng Index all closed up with the SENEX of India, the only hold out closed down.

Nikkei 225

The Japanese Nikkei 225, continued to rally and remained strong pushing the weak Japanese yen toward a solid road to recovery, with a steady double digit gain closing at 17,920.45 with gain of (+33.24/+0.19%). 

Gainers for the week include Sumco Corp (+210.00/+13.16%), Eisai Co Ltd   (+288.50/+6.14%), Isuzu Motors Ltd (+70.00/+4.59%) and Minebea Co Ltd (+63.00/+4.17%).

Losers include Screen Holding Co Ltd (-36.50/-4.63%), J Front Retailing Co Ltd (-55.00/-3.58%), JGC Corp (-76.50/-2.87%) and Takashimaya Co Ltd (-23.00/-2.33%).

Movers on the Nikkei include Mizuho Financial Group Inc, in a second straight week of strong trading, moved 122.45M shares closed up at ¥205.80 to break even, Unitika Ltd in strong trading moved 82.24M shares and closed up at ¥65.00 per share for a gain of (+1.56) and Mitsubishi UFJ Financial Group Inc in medium trading moved 52.12M shares to close up at ¥696.90 per share for a gain of (+1.15%).

FTSE 100

London Markets, in strong trading, rallied with the European Markets and surged with a solid double digit gain closing up at 6742.84 with a deficit of (+63.47/+0.95%).

Big winners in the FTSE 100 include International Consolidated Airlines Group (+20.20/+4.33%), St. James Place PLC (+30.00/+3.79%), IMI PLC (+39.00/+3.31%), Meggitt PLC (+16.85/+3.29%).

Losers include Tullow Oil PLC (-12.90/-3.15%), Randgold Resources Ltd (-123.00/-2.85%), Petrofac Ltd (-13.50/-1.71%) and BHP Billiton PLC (-26.500/-1.73%).

Active on the FTSE 100 included Lloyds Banking Group moving 108.74M shares in strong continuing its run with nine straight weeks of solid trading and regaining its strength closing up at €80.89 for a gain of (+1.66%), Vodafone Group PLC moved 85.92M shares, also riding a wave with nine weeks of solid trading closed up at €230.60 with a gain of (+3.11%), Barclays, in moderate trading moved 39.78M shares to close up at €249.45 a gain of (+2.80%).

Hang Seng Index

The Hang Sang Index, always a roller coaster, saw roared back with record trading keeping in step with the Asian Markets as the Japanese Nikkei 225 and the Shanghai Composite markets performed solidly. The Hang Seng, in intense trading, closed up at 24,002.64 with triple digit gains of (+170.08/+0.71%).

Gainers on the Hang Seng Index include China Construction Bank Corp (Hong Kong) (+0.18/+3.01%), Industrial and Commercial Bank of China (Hong Kong) (+0.14/+2.62%), China Merchants Holdings (International) (Hong Kong) (+0.70/+2.62%), Sino Land Ltd (+0.28/+2.25%).

Active trading on the Heng Seng Hong Kong Index includes Bank of China Ltd moving, in intense trading for the third consecutive week, 1.24B shares closing down HK$4.13 (-0.72%) and Industrial and Commercial Bank of China Corp also in heavy trading moved 1.01B shares closing up at HDK$5.48 with a gain of (+2.62%),China Construction Bank Corp also in heavy trading moved 1.11B shares to close up at HDK$6.17 (+3.01).

Losers for the week include Cathay Pacific Airways Ltd (Hong Kong) (-0.58/-3.28%) China Unicom (Hong Kong) Ltd (-0.36/-3.13%),  Kunlun Energy Co Ltd (-0.17/-2.11%), CNOOC Ltd (-0.20/-1.82%).

Source: Bing Finance

 

Haute Tease

  • Beltway Insider: Trump/Dems Stall on Wall, Primetime Plea, Secret Russian Meets; Dems and 2020; Sylvia Chase

    AddThis Social Bookmark Button

    President Donald Trump has remained steadfast in his demands over the Border Wall sparring with democrats as the atmosphere has shifted with the revelations the Mueller investigation indicates he assisted Putin in destabilizing the government to secure victory.

     
  • Beltway Insider: Trump’s First 100 Days; France Elections; Marine Le Pen, Tennessee Teacher; LA Riots at 25

    AddThis Social Bookmark Button

    President Donald Trump marked his first 100 days in office this week, a milestone that is met with ranks and ratings as the former business leader continues to struggle with Hillary backlash and persistent and alleged election fraud.

     
  • Spring Into Style With New Additions To The Bentley Collection

    AddThis Social Bookmark Button

    Bentley today announces its new additions to the Bentley Collection for spring. Leather jackets inspired by the world of driving, and a luxurious range of cashmere scarves, made their debut at Geneva Motor Show.

     
  • Beltway Insider: Trump Spares with G7; Singapore; Putin/G7; CA Gov Race; Anthony Bourdain; Justify Makes History

    AddThis Social Bookmark Button

    President Trump, after weeks of vacillating from North Korean Dictator Kim Jong Un, has landed at Singapore's Paya Lebar Airbase for an historic summit which is expected to reach a cease fire commitment from the authoritarian leader.

     
  • Manhunt Continues in Upstate New York Prison Break

    AddThis Social Bookmark Button

    Residents in the tiny town of Dannemora, New York, remain on edge as two violent prisoners, in a daring escape from the maximum security Clinton Correctional facility have managed to elude capture for a second consecutive day.

     
  • Dr. Christopher Calapai Explains "Superfoods" - Ultra-Violet to Ultra Healthy

    AddThis Social Bookmark Button

    Pantone recently announced Ultra-Violent, as the 2018 Color of the Year. Serving as the hue of some of our favorite superfoods, Dr. Christopher Calapai, D.O., has compiled a list of the impressive benefits these cosmic colored foods have to offer.

     
  • Twenty-Six, Including Six Lawyers, Charged in Manhattan Federal Court with Immigration Fraud Schemes

    AddThis Social Bookmark Button

    Preet Bharara, the United States Attorney for the Southern District of New York; George Venizelos, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (FBI); Raymond W. Kelly, the Commissioner of the Police Department for the City of New York (NYPD); and Patricia A. Menges, the Director of the New York Asylum Office of the United States Citizenship and Immigration Services (USCIS), announced today the unsealing of nine indictments.

     
  • Machiavel et les Schizophrènes

    AddThis Social Bookmark Button

    L'annonce récente de modifications prévues de l'âge obligatoire de la retraite offre au gouvernement une bouffée d'air frais dont il bénéficiera quels que soient les résultats de la prochaine conférence entre partenaires sociaux. Explications.

     
  • Business/Finance: Flydubai First International Airline to Turn Its Back On 737 MAX; Virgin Delays Delivery

    AddThis Social Bookmark Button

    With the Boeing 737 Max Jet still grounded, and the air transportation giant attempting to restore the corporate damage, consumer faith, and correct the malfunctioning safety feature, Airlines are looking to other providers to get fleets flying again.

     
  • Beltway Insider: Obama Returns from South Africa; June Job Numbers;Snowden Offered Asylum; Independence Day Celebrations

    AddThis Social Bookmark Button

    President Barack Obama returned to Washington this week completing a seven day trip to South Africa, ending his journey in Dar es Salaam, Tanzania where he was joined by former President George Bush.  

     
  • 'Tis The Season New York Review - A Lovely Holiday Visit To New York City

    AddThis Social Bookmark Button

    'Tis the Season New York, by Betsy Pinover Schiff and published by Schiffer Books, presents a holiday lovers view of Manhattan and the surrounding five boroughs during the most festive and colorful time of the year.

     
  • Silicon Cowboys Review – Three Guys, Pie and a Dream the Recipe for Documentary Success

    AddThis Social Bookmark Button

    Silicon Cowboys, from FilmRise and Zipper Bros Films, presents the creation of the modern laptop that humbly began in a Houston Diner over an afternoon slice of pie with three guys who were unknowingly about to begin a revolution.

     
  • CURE SPA Malibu Celebrates Grand Opening

    AddThis Social Bookmark Button

    CURE MED SPA recently celebrated the grand opening of its Malibu location with a launch party that introduced a select group of media, celebrities and guests to its newest facilities overlooking the incredible Pacific Ocean.

     
  • Kettner Exchange Restaurant San Diego Review – Expert Culinary Prowess

    AddThis Social Bookmark Button

    San Diego’s Little Italy section has morphed into a culinary craft hotspot, with exciting new restaurants pushing food and beverage boundaries like never before. Among the array of notable establishments that have cropped up is the hip hotspot Kettner Exchange.

     
  • Business News: Goldman Sachs CEO Diagnosed With Lymphoma

    AddThis Social Bookmark Button

    Goldman Sachs CEO Lloyd Blankfein announced via a post on the firm's website today that he has been diagnosed with a curable form of Lymphoma. The formidable Blankfein will receive chemotherapy over the next few months.