Money News: Dow Caught in Bear Trap; World Markets Split 80/20

AddThis Social Bookmark Button

The DOW Jones Industrial Average fell to the bear over the past week with limited collateral damage across global markets as the world markets bounced back from the devastating free-fall of the past week. 

The DOW opened the trading week down and by closing bell Monday the week looked bleak.  Tuesday saw a stronger showing late Monday rally looked promising. With minimal declines the market continued to rally throughout the remainder of the week. A slow decline at Friday’s close stopped the market from escaping the growling bear that remains at the Dow’s door.

The DOW ended the trading week down at 17,689.86 (-56.12/-0.32%). Opening at 17,775.87, the DOW held a day range of 17,671.59-to-17,783.59.

Gainers include Coca-Cola Co (+0.50/+1.23%) with a closing price of $41.06 per share, Pfizer Inc (+0.33/+0.92%) with a closing price of $36.07 per share, McDonald’s Corp, also closed up at $100.00 for a gain of (+0.83/+0.84%) and Boeing Co closing up at $143.96 per share for a gain of (+0.95/+0.66%)

Losers for the week include Chevron Corp closing down at $88.22 per share for a loss of (-4.81/-5.17%), Exxon Mobil Corporation closing down at $79.19 with a loss of (-3.82/-4.60%), Visa Inc (-0.98/-1.28%) with a closing price of $75.41 and Goldman Sachs Group Inc (-2.07/-1.00%) with a closing price of $205.13.

Active for the week included Apple Inc in moderate trading moved 35.24M shares closing down at $121.40 per share with a loss of (-0.79%), Pfizer Inc in light trading moved 22.35M shares, closing up at $36.07 per share for a gain of (+0.92%), Exxon Mobil Corporation also in light trading moved 21.72M shares closing down at $79.19 per share with a loss of (4.60%), Intel Corp in light trading moved 21.36M shares closing down at $28.97 per share with a gain of (+0.21%).

The NASDAQ closed down at 5,128.28 for a loss of (-0.50/-0.01%).

The S&P 500 also closed up at 2,103.84 for a loss of (-4.79/-0.23%).

World Markets

The ten most watched world markets closed the trading week split 80/20. The North American Markets including the DOW Jones Industrial, NASDAQ and the S&P500 as well as the Shanghai Composite closed down. Mexico’s IPC, Canada's S&P TSX Composite, Central Europe’s London's FTSE 100 and Germany's DAX, the Asian Markets including the Hong Kong Hang Seng, SENEX of India, and Japan’s highly traded Nikkei 225, CAC 40 of France all closed up.

Nikkei 225

The Japanese Nikkei 225, began the trading week with a small brief spike that was met with a sharp decline, plummeting to the week’s low by the closing bell Monday. This set up the gradual rally with few declines, sharp increases and the week’s high by the closing bell Thursday. Managing to maintain the gains, the Nikkei held steady and closed the week up with moderate double digit gains.

The Nikkei closed the trading week up at 20,585.24 with double digit gain of (+62.41/+0.30%). 

Gainers for the week include NEC Corp (+31.00/+8.54%), FUJIFilm Holding Corp (+385.00/+7.85%), Kansai Electric Power Co Inc (+118.00/+7.58%), Nippon Express Co Ltd (+46.00/+7.52%).

Losers include Nichirei Corp (-84.00/-9.44), Sumitomo Heavy Industries Ltd (-45.00/-6.73%), Mitsubishi Motors Corp (-64.00/-5.77%) and JFE Holdings Inc (-101.00/-4.18%).

Active on the Nikkei include Tokyo Electric Power Co Inc in strong trading, moved 141.38M shares to close up at ¥881.00 for a gain of (+5.13%), Mizuho Financial Group Inc, in 32 straight weeks of strong trading, moving 116.05M shares to close down at ¥266.80 for a loss of (-0.45%), NEC Corp, in mild trading moved 56.71M shares to close up at ¥394.00 for a gain of (+8.54%), Unitika Ltd in medium trading, moved 44.10M shares to close down at ¥59.00 for a gain of (+1.72%).

FTSE 100

London Markets opened the week with a small rally, followed by an immediate decline hitting the week’s low by closing bell Monday. Tuesday opening began a slow rally with small declines as the FTSE continued to rise, in steady trading throughout the remainder of the week.

The London Markets closed up at 6,696.28 with double digits losses of (+27.41/+0.41%).

Gainers in the FTSE 100 include Rolls-Royce Holdings PLC (+41.00/+5.47%), Carnival PLC (+177.00/+5.24%), ITV PLC (+9.00/+3.31%) and Burberry Group PLC (+47.00/+3.01%).

Losers include Lloyds Banking Group PLC (-2.72/-3.16%), InterContinental Hotels Group PLC (-51.00/-1.86%), Glencore PLC (-2.85/-1.35%), and BP PLC (-5.40/-1.35%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 222.59M shares in strong trading, closed down at €83.30 for a loss of (-3.16%), Glencore PLC, in mild trading moved 29.87M shares to close down at €208.15 per share for a loss of (-1.35%), Barclays PLC, in light trading moved 27.53M shares to close up at €288.60 per share for a gain of (+0.54%), Vodafone Group PLC in strong trading moved 27.29M shares to close up at €288.60 for a gain of (+0.54%).

Hang Seng Index 

The Hang Seng Index began the trading week up and by closing bell Monday had fell into a rapid decline and reached its week low. Opening bell Tuesday saw a sharp rally followed by mild rallies and small declines with a small burst on Thursday. The gains made throughout the week held throughout Friday’s and the Hang Seng ended the trading week up with triple digit gains.

The Hang Seng closed down at 24,636.28 with triple digit gains of (+138.30/+0.56%).

Gainers on the Hang Seng Index include Galaxy Entertainment Group Ltd (+2.05/+6.07%), Sands China Ltd (+1.40/+4.26), Power Assets Holdings Ltd (+2.25/+3.18%), New World Development Co Ltd (+0.17/+1.85%).

Active trading on the Hang Seng Hong Kong Index includes Industrial and Commercial Bank of China Ltd, in strong trading, moved 201.97M shares to close down at HK$5.33 (-0.56%), Bank of China Ltd, in heavy trading, moved 170.71M shares to close up at HK$4.23 (+0.24%), China Construction Bank Corp, in heavy trading moved 124.01M shares to break even at HK$6.29 (0.00%), and PetroChina Co Ltd in medium trading moved 54.58M shares to close down HK$7.64 (-1.93%).

Losers for the week include Lenovo Group Ltd (-0.23/-2.66%), Li & Fung Ltd (International) (Hong Kong) (-0.15/-2.44%), Cathay Pacific Airways Ltd (Hong Kong) (-0.40/-2.14%), China Mengniu Dairy Co Ltd (-0.75/-2.10%).

Source: Bing Finance

Haute Tease

  • HL Artist Interview: Jonathan Brown, From Broken Glass To Beauty, One Piece at a Time

    AddThis Social Bookmark Button

    When artist Jonathan Brown looks at the raw material for his grand large-scale mosaic projects, where some people only see broken glass, he envisions complete works of art incredible installation pieces designed inspire, lift the spirit, or enhance their natural surroundings.

  • Beltway Insider: Obama Preps for State of the Union; US-Russia Talk on Olympic Security; WH Sexual Assault Task Force

    AddThis Social Bookmark Button

    President Barack Obama will address the nation, this week, after accepting an invitation from Republican House Leader John Boehner to address a joint session of Congress and the House of Representatives with his annual State of the Union speech.

  • World Cities Celebrate New Year's Eve

    AddThis Social Bookmark Button

    From Sydney, St. Petersburg, and Dubai to New York, London and Hong Kong, cities throughout the world welcomed 2014 with brilliant, dazzling displays of pyrotechnic majesty, revelry, champagne toasts and midnight kisses.

  • PT’s Entertainment Group Las Vegas to Toast International Beer Day with Special on Import Beers

    AddThis Social Bookmark Button

    Toast International Beer Day and join PT Entertainment Group’s celebration of ales, lagers and stouts on International Beer Day and enjoy 50 percent off import beers including Corona, Guinness, Heineken, Stella Artois, Dos Equis and many others.  

  • Blood Review – A Bone Chilling, Arresting, Thriller

    AddThis Social Bookmark Button

    Blood,” from BBC Films and Lipsync Productions, presents, spine tingling, chilling mystery thriller that weaves haunted memories with the cat and mouse chase that is unexpectedly stunning from the beginning.


    AddThis Social Bookmark Button

    BURBANK, Calif. (December 19, 2012) -- Walt Disney Animation Studios has given voice to its extreme mountain man from the comedy-adventure “Frozen.” Tony Award® nominee Jonathan Groff (Broadway’s “Spring Awakening,” TV’s “Glee”) is on board to help bring Kristoff to life in the epic journey slated for the big screen November 27, 2013.

  • Beltway Insider: Obama Loyal to France; Hollande Declares War, Airstrikes Begin; G20; Charlie Sheen

    AddThis Social Bookmark Button

    President Obama announced his unwavering support for President Hollande and the people of France in the wake of the coordinated terror strikes that shocked the civilized world and accelerated the coalition nation's determination to eradicate terrorism.

  • A Star Is Born Review – Bradley Cooper and Lady Gaga Shine In this Modernized Remake

    AddThis Social Bookmark Button

    A Star is Born, from Warner Bros Pictures and Live Nation Entertainment, brings to the screen an unlikely story of love as mega rock star on a bender meets singer with the golden pipes in a drag bar.

  • Smithsonian Channel Celebrates 100th Anniversary Of The National Park Service With New One-Hour Special

    AddThis Social Bookmark Button

    Fill up the Mini-Van, load the camping gear, hit the highway and settle in for a summer of fun, travel, and unforgettable adventures or just tune in Sunday, August 28 at 8p.m. for AMERICA'S NATIONAL PARKS AT 100.

  • RISE OF THE PLANET OF THE APES: A Rupert Wyatt/20th Century Fox Film

    AddThis Social Bookmark Button

    RISE OF THE PLANET OF THE APES, a frighteningly credible, captivating adventure, previewed recently for members of the press at the Zanuck Theater on the 20th Century Fox Studio Lot in Culver City, California.

  • Celebrity Interview: A Conversation with Belle Writer Misan Sagay

    AddThis Social Bookmark Button

    Misan Sagay, recently participating in press interviews, brings an exceptionally engaging story of an interracial love affair, scandal, passion and courage to the screen as author of the screenplay for the box office beauty "Belle" from Fox Searchlight Films.

  • Chappaquiddick Review - Powerful, True Life Drama Resonates

    AddThis Social Bookmark Button

    Chappaquiddick, from Apex Entertainment and Entertainment Studios, presents the true story of the death of, Robert F. Kennedy secretary, Mary Jo Kopechne who drowned when Senator Ted Kennedy drove off a bridge landing in the cold waters off Chappaquiddick Island.


Login Form