Money News: US Markets Run Abbreviated Holiday Trading Week; Record Closes for 2014

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The Dow Jones Industrial brought holiday cheer, during abbreviated trading, and closed the last full week of 2014 over 18,000 points in an all time record calming worried investors and setting the tone for the coming year.

 

The DOW opened at 18,038.30 and held a daily range of 18,038.30-to-18,103.45.

The DOW triggered similar upswings in the three other major U.S. Markets and remained constant closing up at 18,053.71 (+23.50/+0.13%).

The Gainers for the week include McDonald's Corp (+1.01/+1.08%) with a closing price of $94.84 per share, Pfizer (+0.29/+0.92%) with a closing price of $31.71, Walt Disney Co (+0.74/+0.78%) with a closing price of $95.16 and Caterpillar Inc (+0.70/+0.74%) with a closing price of $94.42.

Losers for the week Exxon Mobil Corporation closing at $93.32 per share down at (-0.46/-0.49%), Microsoft Corp closing down at $47.93 with a loss of (-0.21/-0.44%), 3M Co also closed down at $166.49 for a loss of (-0.47/-0.28%) and the General Electric Co closing at $25.77 per share for a loss of (-0.06/-0.23%)

Active for the week included Intel Corp, in light holiday trading, moved 7.89M shares closing up at $37.63 per share for a slight gain of (+0.51% and AT&T Inc moved 7.63M shares, closed up at $34.20 per share with a gain of (+0.69%).

The NASDAQ rallied along with the three other U.S. Markets and closed up at 4,806.86 with a gain of (+33.39/+0.70%).

The S&P 500 also continued with steady gains closing up at 2,088.77 for a gain of (+6.89/+0.33%).

Russell 2000 mini experienced continued gains closing up at 1,215.21 for a gain of (+8.42/+0.70%).

World Markets

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

Nikkei 225

The Japanese Nikkei 225, one of the few global markets not to have closed for the Holiday session, continued to rally and remained strong pushing the weak Japanese yen toward a solid road to recovery, with a steady, although barely a double digit gain the number one Asia indicator still managed to close up at 17,818.96 for a gain of (+10.21/+0.06%). 

Gainers for the week include Tokyo Electric Power Co Inc  (+23.00/+5.01%), Pioneer Corporation (+11.00/+4.93%), Taiyo Yuden   (+62.00/+4.38%), Tokyu Fudosan Holdings Corp (+36.00/+4.36%).

Losers include Trend Micro Inc (-180.00/-4.93%), Kirin Holdings Co Ltd (-58.50/-3.71%), Yamato Holdings Co Ltd  (-76.00/-3.06%) and Yokohama Rubber Co Ltd (-33.00/-2.85%).

Movers on the Nikkei include Mizuho Financial Group Inc, in a fourth straight week of strong trading, moved 83.09M shares to close up at ¥203.50 for a gain of (+0.59%), Mitsubishi UFJ Financial Group Inc in strong trading moved 19.28M shares to close up at ¥673.40 per share for a gain of (+0.37%), Tokyo Electric Power Co Inc in strong trading 65.58M shares ¥482.00 (+5.01%).

FTSE 100

London Markets, in an abbreviated Holiday trading week, rallied strong with the American Markets and surged maintaining a double digit gain closing up at 6609.93 with a gain of (+11.75/+0.18%).

Gainers in the FTSE 100 include Smith & Nephew PLC (+88.00/+8.08%), Direct Line Insurance Group PLC (+4.40/+1.52%), Taylor Wimpey PLC (+1.50/+1.11%), Tullow Oil PLC (+4.60/+1.10%).

Losers include Randgold Resources Ltd (-85.00/-2.00%), BHP Billiton PLC (-17.00/-1.23%), Shire PLC (-54.00/-1.19%) and Pearson PLC (-12.00/-1.01%).

Active on the FTSE 100 included Lloyds Banking Group moving 15.99M shares in strong trading faltered for a slight loss to close down at €76.88 for a loss of (-0.01%), Tesco PLC moved 5.18M shares, experiencing mild gains to close up at €185.76 with a gain of (+0.63%), and BP PLC, in light trading moved 4.89M shares to close up at €415.87for a gain of (+0.01%).

Hang Seng Index

The Hang Sang Index, also held an abbreviated trading week in observance of the Christmas Holiday, continued in step with the Asian Markets as the Japanese Nikkei 225 and the Shanghai Composite markets and performed solidly.

The Hang Seng, closed up at 23,349.34 with slight double digit gains of (+15.65/+0.07%).

Gainers on the Hang Seng Index include Galaxy Entertainment Group Ltd  (Hong Kong) (+1.65/+3.92%), Sands China Ltd (Hong Kong) (+1.25/+3.35%), Hong Kong and China Gas Co Ltd (Hong Kong) (+0.32/+1.85%), Power Assets Holdings Ltd (+1.20/+1.63%).

Active trading on the Heng Seng Hong Kong Index includes Bank of China Ltd moving, in intense trading for the fifth consecutive week, 115.97M shares closing down a hairbreadth HK$4.21 (-0.71%) and Industrial and Commercial Bank of China Corp also in intense trading moved 131.95M shares closing down at HDK$5.46 with a loss of (-1.27%), China Construction Bank Corp also in intense trading moved 95.76M shares to close down at HDK$6.18(-0.64) and China Petroleum & Chemical Corp in moderate trading moved 35.50M shares to close up at HK$6.25 for a gain of (0.16%).

Losers for the week include Ping An Insurance Group (Hong Kong) (-2.05/-2.69%) China Life Insurance Co  Ltd (Hong Kong) (-0.50/-1.76%), China Resources Power Holdings Co Ltd(-0.32/-1.58%), Industrial And Commercial Bank of China (-0.07/-1.27%).

Source: Bing Finance

 

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