Money News: DOW, World Markets Close Up; Nikkei Sinks

AddThis Social Bookmark Button

The DOW Jones Industrial Average, as well as nine of the top ten world markets, rallied as investor confidence once again returned, to the global stage, with economies and markets exhibiting strong gains across the board.

The DOW rallied and held steady throughout the week to post double digit gains to close up at 18,019.35 (+46.97/+0.26%). Opening at 17,968.65, the DOW held a daily range of 17,961.76-to-18,037.41.

Gainers for the week include Caterpillar Inc (+1.62/+1.94%) with a closing price of $85.14 per share, Microsoft Corp (+0.78/+1.81%) with a closing price of $43.86 per share, Chevron Corp (+1.89/+1.70%) with a closing price of $112.75, United Technologies Corp (+1.68/+1.40%) with a closing price of $121.27.

Losers for the week include American Express Co closing down at $78.09 per share down (-2.39/-2.97%), Pfizer Inc closing down at $34.64 with a loss of (-0.22/-0.63%), Coca-Cola Co also closed down at $41.98 for a loss of (-0.20/-0.46%) and Visa Inc closing down at $269.66 per share for a loss of (-1.15/-0.42%)

Active for the week included Cisco Systems moved 40.39M shares in heavy trading to close down at $29.43 per share with a loss (-0.10%), American Express Co in light trading moved 31.79M shares closing down at $78.09 per share with a loss of (+2.97%) and General Electric Co in soft trading moved 25.89M shares, closing down at $25.14 per share with a gain of (+1.00%).

The NASDAQ rallied and closed strong at 4,983.84 with a gain of (+36.22/+0.75%).

The S&P 500 also closed up at 2,096.99 for a gain of (+8.51/+0.41%).

World Markets

The ten most watched world markets including the S&P500, NASDAQ and Canada's S&P TSX Composite and the most watched European Markets, CAC 40 of France, London's FTSE 100, Germany's DAX, Mexico's IPC and the SENEX of India, Asian's Shanghai Composite, Hong Kong Hang Seng all closed up. Japan's Nikkei 225, the only holdout among the top ten global markets, closed down.

Nikkei 225

The Japanese Nikkei 225, the only hold out in the ten most watched global markets, closed the trading week down with double digit losses, at 17,913.36 for a loss of (-66.36/-0.37%). 

Gainers for the week include Screen Holdings Co. Ltd (+32.00/+4.31%), Credit Saison Co Ltd (+90.00/+4.26%), Shinsei Bank, Ltd  (+8.00/+3.72%), Sumco Corp (+75.00/+3.62%).

Losers include Citzen Holding Co Ltd (-105.00/-10.76%), Sapporo Holdings Ltd (-39.00/-7.72%), Kirin Holdings Co Ltd (-88.00/-5.40%) and IHI Corp (-24.00/-4.40%).

Active on the Nikkei include Mizuho Financial Group Inc, in a ninth straight week of strong trading, moved 147.40M shares and closed up at ¥203.30 for a gain of (+0.44%), Mitsubishi UFJ Financial Group Inc in medium trading moved 77.35M shares to close up at ¥707.80 (+0.83%) and Hitachi Ltd in medium trading moved 41.43M shares to close even at  ¥54.00 and Shinsei Bnk, Ltd moved 35.86M shares in medium trading to close up at ¥223.00 for a gain of (+3.72%).

FTSE 100

London Markets rebounded steadily throughout the week ending with a solid double digit gains to close up at 6873.52 with a gain of (+45.41/-0.67%).

Gainers in the FTSE 100 include Tullow Oil PLC (+19.30/+5.01%), BHP Billiton PLC (+74.13/+4.96%), GlaxoSmith Kline PLC (+69.00/+4.64%), BG Group PLC (+41.60/+4.45%).

Losers include ARM Holdings PLC (-26.23/-2.42%), BT Group PLC (-10.45/-2.32%), Ashstead Group PLC (-25.36/-2.31%) and Carnival PLC (-64.00/-2.16%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 114.90M shares in strong trading recovered to close up at €75.52 for a gain of (+1.46%), Vodafone Group PLC, in light trading moved 27.29M shares to close up at €232.70 per share for a gain of (+0.61%), Barclays, in medium trading moved 31.66M shares to close up at €257.15 per share for gain of (+1.50%).

Hang Seng Index

The Hang Sang Index rebounded strongly over the past week closing up with solid triple digits gains.

The Hang Seng closed up at 24,682.54 with double digit gains of (+260.39/+1.07%).

Gainers on the Hang Seng Index include Galaxy Entertainment Group Ltd (Hong Kong) (+1.70/+4.07%), Sands China Ltd (Hong Kong) (+1.30/+3.47%), Belle International Holdings Ltd (+0.30/3.56%), Cheung China Resources Land Ltd  (Hong Kong) (+0.63/+3.21%).

Active trading on the Heng Seng Hong Kong Index includes Bank of China Ltd moving, in intense trading for the ninth consecutive week, 150.36M shares rebounded and closed up HK$4.39 (+1.15%), Industrial and Bank of China Corp also in intense trading moved 152.36M shares closing up at HDK$4.39 up (+1.15%), and CNOOC Ltd in moderate trading moved 73.88M shares to close down at HK$10.92 for a gain of (+1.87%).

Losers for the week include Lenovo Group Ltd (Hong Kong) (-0.18/-1.47), Power Assets Holdings Ltd (-1.10/-1.39%), Bank of East Asia, Ltd (-0.45/-1.39%), Hong Kong and China Gas Co Ltd (-0.06/-0.35%).

Source: Bing Finance

Haute Tease

  • January Filled with Delicious Decadence from The Sea to the Interior as 2017 Winter dineL.A. Restaurant Week begins

    AddThis Social Bookmark Button

    Southern California cuisine has two distinct personalities: fish tacos and craft beer on one side, celebrity chefs and haute cuisine on the other. California Restaurant Month embraces both from farm and sea to table and exotic fusion Californians love.

     
  • Sarah Janks, Australian Bridal Designer, Offers Five Tips in Planning Destination Weddings

    AddThis Social Bookmark Button

    Proposal season is officially in height and many new brides-to-be will be jumping to start the wedding planning process in 2016! With more and more brides choosing destination weddings, we have the best tips for travel, dress shopping and ultimately planning the perfect destination wedding.

     
  • Civico 1845 San Diego Review - Authentic Italian Home Cooking Deliciously Modernized

    AddThis Social Bookmark Button

    Civico 1845, on India Street in the heart of San Diego's Little Italy, a new addition to the neighborhood that is making a grand entrance bringing to the table a passionately authentic and hand-crafted approach to Southern Italian cuisine.

     
  • For Seekers of California Sun, Fun, Food, and Rock-n-Roll - Welcome to Buena Park California

    AddThis Social Bookmark Button

    Nestled in California’s Orange County, the city of Buena Park is a beacon for fun-loving family travelers. Comprised of approximately eleven square miles, this small town packs a huge travel and tourism punch, boasting some of the world’s most well-known theme parks and attractions.  

     
  • 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.  

  • Europe’s Newest Royal - Ethereal Carolina Divine Paraiba flawless at 191.87 Carats

    AddThis Social Bookmark Button

    The rarest gemstone in the world, the Ethereal Carolina Divine Paraiba, owned by Canadian billionaire, Vincent Boucher of Billionaire Business Enterprises and has been quietly making its global debut as it travels to only the most exquisite showings and galleries in preparation for auction.

     
  • Business/Finance: MACY’s CEO Jeffrey Gennette Speaks With CNBC’S “Squawk On The Street” Today (Exclusive)

    AddThis Social Bookmark Button

    CNBC’s "Squawk on the Street" team met up with MACY’s CEO Jeffrey Gennette, today, Black Friday, the traditional start of the holiday Season on what is widely considered a make or break shopping season for many retailers.

     
  • Looking For a Good Pour: Hard Liquor Capitals Around The World

    AddThis Social Bookmark Button

    When it comes to alcohol consumption, people can get their fix in many ways. Between wine, beer and hard liquor, the various brands and types can seem endless. Given the long-standing history of alcohol, it’s no wonder people have been able to create so many varieties.

     
  • Old Homestead Steakhouse Review Las Vegas – Succulent, Legendary, Delicious, Delights

    AddThis Social Bookmark Button

    One of the newest restaurants "steaking" a claim on the Las Vegas strip is Old Homestead Steakhouse, which recently opened its first west coast location at Caesars Palace as a key part of the property's two-year renaissance.

     
  • Beltway Insider: Democrats Sworn into Second Term; Gun Control Demands Gain Support

    AddThis Social Bookmark Button

    Barack Hussein Obama and Joseph Robinette Biden, in a ceremony witnessed by over 20million viewers, were sworn into second terms, this week, as the 44th President and Vice President of the United States of America.

     
  • AKA Doc Pomus Review - Pure, Classic Solid Gold

    AddThis Social Bookmark Button

    “A.K.A. Doc Pomus,” from Clear Lake Historical Productions, presents a tribute to one of music’s great song writers who’s skill at writing rock, ballads and blues ended up influencing songwriters, musicians and lovers for decades.

     
  • 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.

     
  • Op/Ed: Hoaxes, Scams, and Your Medical Care

    AddThis Social Bookmark Button

    Hoaxes and scams have dominated the news lately. We have a marginally known actor faking a hate crime supposedly to raise his pay. His attempt to claw his way to the middle could have resulted in race riots, injury, and death. His punishment? All charges dropped. 

     
  • CULT | Aimee Friberg Exhibitions Presents Terri Loewenthal: Psychscapes

    AddThis Social Bookmark Button

    CULT | Aimee Friberg Exhibitions presents Terri Loewenthal: Psychscapes, the artist’s first solo exhibition with the gallery, on view from March 2 through April 21, 2018. An artist reception will take place on Friday, March 2, 2018.

     
  • Dr. Christopher Calapai Provides Vitamin Recommendations For All Ages + Four Tips on Sugar Overload

    AddThis Social Bookmark Button

    With 2019 here health and wellness resolutions accompanied by nutritional and fitness changes will bring many to seek the help of Vitamins, which contain essential nutrients often missed, to aid any new fitness, nutritional and change plans.