Money News: North American Markets Close Up; Asian Tumble

AddThis Social Bookmark Button

The DOW Jones Industrial Average, holding the bear at bay, closed the trading week up with mild double digit gains setting the tone as the rally carried over with mild gains and strong performances across North American and European Markets.

The DOW opened the trading week with a mild rally followed by sharp declines and with steady gains, throughout the week hitting the week high Thursday at the opening bell and promptly fell sharply  matched by an equally strong rally to end the trading week up at 18,080.14 (+21.45/+0.12%). Opening at 18,056.42, the DOW held a day range of 18,009.08-to-18,108.87.

Gainers include Microsoft Corp (+4.50/+10.38%) with a closing price of $47.86 per share, McDonald's Corp (+1.74/+1.79%) with a closing price of $98.74 per share, E I du Pont de Nemours & Company (+0.73/+1.03%) with a closing price of $71.52, and Wal-Mart Stores Inc  (+0.66/+0.83%) with a closing price of $79.84.

Losers for the week include Boeing Co closing down at $148.40 per share down (-1.47/-0.98%), United Technologies Corp closing down at $116.16 with a loss of (-1.10/-0.94%), Intel Corp also closed down at $32.08 for a loss of (-0.27/-0.83%) and Goldman Sachs Group Inc closing down at $197.99 per share for a loss of (-1.32/-0.66%)

Active for the week included Microsoft Corp  moved in strong trading 130.93M shares closing up at $47.86 per share with a gain of (+10.38%), Apple Inc moved 44.53M shares in medium trading to close up at $130.28 per share for a gain of (+0.47%), General Electric Co in light trading moved 27.71M shares, closing down at $26.80 per share for a loss of (-0.19%),  and Cisco Systems Inc in light trading moved 27.15M shares closing up at $28.82 per share with a gain of (+0.51%).

The NASDAQ closed up at 5,092.08 for a gain of (+36.02/+0.71%).

The S&P 500 also closed up at 2,117.69 for a gain of (+4.76/+0.23%).

World Markets

The ten most watched world markets experienced a 70/30 split as the North American Markets, including the DOW Jones Industrial, S&P500, NASDAQ, Canada's S&P TSX Composite, and Mexico's IPC, the European Markets including London's FTSE 100, CAC 40 of France, and Germany's DAX, and the Hong Kong Hang Seng all closed up. The Asian Markets including Japan's highly traded Nikkei 225, Shanghai Composite and SENEX of India all closed down.

Nikkei 225

The Japanese Nikkei 225, began the trading week down and spent the week struggling to gain any momentum hitting the week high on Thursday with minor rallies and declines to end the trading week down, at 20,020.04 for a  triple digit loss of (-167.61/-0.83%). 

Gainers for the week include Sumitomo Chemical Co Ltd (+44.00/+6.72%), Sony Corp (+121.50/+3.36%), Toho Zinc Co Ltd (+15.00/+3.25%), Mitsui Chemicals Inc (+12.00/+3.05%).

Losers include Isetan Toyota Tsusho Corp (-135.00/-4.11%), SECOM Co Ltd (-367.00/-4.09%), Okuma Corp (-41.00/-3.18%) and Taiyo Yuden Co Ltd (-56.00/-2.98%).

Active on the Nikkei include Mizuho Financial Group Inc, in 19 straight weeks of strong trading, moved 168.95M shares, and closed down at ¥230.60 for a loss of (-0.69%), Mitsubishi UFJ Financial Group Inc, in medium trading moved 66.91M shares to close down at ¥858.30 for a loss of (-0.39%). Sojitz Corp in light trading moved 55.21M shares to close up at ¥234.00 for a gain of (+0.43%), and Nomura Holdings Inc, also in light trading, moved 53.15M shares to close up ¥795.10 for a gain of (+1.52%).

FTSE 100

London Markets opened down to begin a week long roller coaster ride with strong rallies and sharp declines. Hitting a market high twice on Tuesday and at the opening bell Friday, both of which the market couldn't sustain, the London Markets finished the trading week up at 7,070.70 with small double digit gains of (+17.03/+0.24%).

Gainers in the FTSE 100 include HSBC Holdings PLC (+17.50/+2.86%), Glencore PLC (+7.90/+2.600%), CRH PLC (+45.00/+2.43%) and Mondi PLC (+32.00/+2.42%).

Losers include Pearson PLC (-42.00/-3.00%), Aberdeen Asset Management PLC (-13.90/-2.85%), Randgold Resources Ltd (-85.00/-1.69%) and AstraZeneca PLC (-80.50/-1.67%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 106.69M shares in strong trading, closed up at €79.10 for a gain of (+0.14%), Vodafone Group PLC, in light trading moved 61.66M shares to close up at €232.25 per share for a gain of (+0.82%), Glencore PLC in medium trading moved 57.56M shares to close up at €311.20 per share for a gain of (+2.60%), Barclays PLC, in light trading moved 51.43M shares to close up at €261.75 per share for gain of (+1.28%).

Hang Seng Index

The Hang Seng Index began the trading week struggling with a sharp decline by Monday's closing bell. Opening down Tuesday the Hang Seng rallied peaking for the week on Thursday with minimal market dips throughout the remainder of the trading week closing up with triple digit gains.

The Hang Seng closed up at 28,060.98 with triple digit gains of (+233.28/+0.84%).

Gainers on the Hang Seng Index include HSBC Holdings PLC (Hong Kong) (+2.40/+3.39%), Galaxy Entertainment Group Ltd (Hong Kong) (+1.15/+3.06%), China Unicom Ltd (Hong Kong) (+0.34/+2.35%), Wharf Holdings (Hong Kong) (+1.20/+2.11%).

Active trading on the Hang Seng Hong Kong Index includes China Construction Bank Corp in intense trading moved 418.67M shares to close down at HDK$7.55 (-1.05%), Industrial and Commercial Bank of China, also in intense trading, moved 383.18M shares to close down at HK$6.74 (-1.03%),  Bank of China Ltd, also in intense trading, moved 350.38M shares to close down at HK$5.36 (-0.56%), and China Petroleum & Chemical Corp in strong trading moved 145.67M shares to close up at $HK7.08 (+0.43%).

Losers for the week include China Resources Power Holding Co Ltd (Hong Kong) (-0.40/-1.69), Lenovo Group Ltd (Hong Kong) (-0.18/-1.37%), China Resources Land Ltd (-0.35/-1.35%), China Shenhua Energy Co Ltd (-0.25/-1.23%).

Source: Bing Finance

Haute Tease

  • Glenn Frey, Guitarist and Co-Founder of the Eagles Dies

    AddThis Social Bookmark Button

    Glenn Frey, a name synonymous with rock and roll, co-founder of the legendary Eagles rock band has died due to post-surgical complications from degenerative intestinal issues that plagued the guitarist for most of his career. He was 67.

     
  • Celebrity Interview & Review: There’s Always Woodstock Review - A Chick Flick Reminiscent of the Nora Ephron Classics

    AddThis Social Bookmark Button

    “There’s Always Woodstock,” from Gravitas Ventures and Sunrise Films, bring to the screen romantic comedy, filled with all the drama of modern life, the twists and turns, pitfalls and stumbles on the path to finding the one.

     
  • Anatomy Of A Great Home Book Review - Beautiful, Practical and Informative

    AddThis Social Bookmark Button

    Anatomy of a Great Home, from Schiffer Publishing and author/expert Boyce Thompson, presents more than fifty award winning homes, built by three dozen A+ American architects and defines the technical characteristics of what makes a home great.

     
  • Trump Nominates Neil M. Gorsuch to Fill Justice Antonin Scalia Seat on High Court

    AddThis Social Bookmark Button

    The Honorable Neil M. Gorsuch, Tenth Circuit Court of Appeals, has been chosen by President Trump to fill the Supreme court seat vacated by the untimely death of the late Justice Antonin Scalia who died while on vacation.

     
  • Haute Gastro Gifts for Wine and Food Fanatics

    AddThis Social Bookmark Button

    For a foodie, eating isn't just about filling the proverbial tank it's about stirring the senses and satiating the soul. It's about sourcing the best ingredients and the perfect way to prepare and present them. For a passionate epicurean, there's nothing like having the right kitchen tool for the job at hand. For this sect, killer kitchenware is more than a luxury—it's fundamental. With this in mind, enjoy this tasty buffet of gastronome gadgets and gear sure to satisfy.

     
  • Beltway Insider: U.S Offers Nigeria Assistance; Ukraine Strikes Back; Benghazi Special Panel Convenes

    AddThis Social Bookmark Button

    President Barack Obama, First Lady Michelle Obama, the government of Great Britain, leading politicians and citizens are voicing the need for urgency by the Nigerian government in addressing the middle of the night kidnapping of more than 200 schoolgirls.

     
  • Children’s Easter Egg Hunt and Easter Brunch at LIVELLO March 31, 2013

    AddThis Social Bookmark Button

    BEVERLY HILLS, CA.—Celebrate Easter and the beginning of spring with family and friends at LIVELLO, the restaurant at L'Ermitage Beverly Hills, on Easter Sunday, March 31, 2013. The culinary team at LIVELLO offers the perfect Easter Brunch menu served from 11:00 a.m. - 3:00 p.m.

     
  • Ebola Political Coverage, from Haute-Lifestyle.com, Receives Double Nomination for Journalistic Excellence

    AddThis Social Bookmark Button

    For Immediate Release (Los Angeles, CA) – The Beltway Insider, the weekly review of the nation’s top stories from the Washington beat, from Haute-Lifestyle.com, has been honored with two consecutive nominations for the prestigious Sidney Hillman Award for Journalistic Excellence.

     
  • Overly Self Critical? Five Tips to Tame The Critical and Shape it Into Your New Best Friend

    AddThis Social Bookmark Button

    Go on your Facebook or Instagram feed and you'll be hard pressed not to find selfies of people flexing at the gym or sunbathing in a bikini. Sprinkled in are ads for skin creams, weight management shakes, hair restoration, cosmetic procedures and butt lifting yoga pants.

     
  • Diann Valentine, Celebrity Wedding and Interior Designer, Offers Tips On Spicing Up Your Home for Spring

    AddThis Social Bookmark Button

    Diann Valentine, a vibrant and dynamic keynote speaker, television personality, internationally acclaimed wedding, event and interior designer is continuing to impress with a portfolio that commands attention she is bringing her eponymous brand to special occasion styling everywhere.

     
  • My Old Lady Review –Thoroughly Enjoyable with Subtle Seductive Charm

    AddThis Social Bookmark Button

    "My Old Lady" from Cohen Media Group and BBC Films, presents a quaint, charming, pleasantly intriguing and engaging film filled with unusual twists, turns, and mysteries of life, love, involvements and the wonder of finding home.

     
  • Wall Street Limps to a Bullish Finish

    AddThis Social Bookmark Button

    Wall Street investors limped to a bullish end of 2013 closing the year as the Dow hitting its 52nd record close, gaining over 72.37 points, the S&P 500 ending high and the Nasdeq gaining respectfully.

     
  • 44TH AFI Life Achievement Award Tribute Gathers American Film's Finest To Celebrate John Williams'

    AddThis Social Bookmark Button

    Composer John Williams was honored with the American Film Institute's (AFI) 44th Life Achievement Award on Thursday, June 9, in an evening filled with music and memories from his treasured collaborators, including J.J. Abrams, George Lucas and Steven Spielberg.  

  • Good Kill Review – Precise, Intelligent, Defining Modern Warfare

    AddThis Social Bookmark Button

    GOOD KILL, from IFC Films and Voltage Pictures, presents a sharp, edgy, significant film on the politics of drone warfare, the government’s ability to conduct battle and inflict mass casualty without leaving the states.

     
  • Money News: Top Eight World Markets Fall; Nikkei, Canadian Close Up

    AddThis Social Bookmark Button

    The DOW Jones Industrial Average sustained heavy losses this week unable to rally as investor confidence continued to fall and failed to jump start a rally globally as eight of the ten most watched markets in the world closed down.