Money News: Wall Street Closes Up; World Markets Down

AddThis Social Bookmark Button

The DOW Jones Industrial Average, fought off a global downturn, and finally managed to rise up after a long holiday weekend ending the first week back from the traditional summer season up stopping the mauling’s of the past two weeks.

The DOW opened Tuesday at 16,413.65, a significant bounce from the low close of 16,102.38 that ended the week heading into long holiday weekend. The violent pitching of the last weeks of the traditional summer season slowed to a steadier rally decline rolling swing.

The DOW saw the week high at Wednesday’s opening bell at 16,620.09 after which the market preceded to decline slowly. The market continued a mild rally and decline throughout the remainder of the week with an upswing on Friday to close the week up.

The DOW ended the trading week up with triple digits gains at 16,433.09 (+102.69/+0.63%). Opening at 16,330.40 the DOW held a day range of 16,244.65-to-16,434.76.

Gainers include Aimmune Therapeutics Inc, closing up at $25.01 for a gain of (+2.14/+9.36%)  Advanced Micro Devices Inc (+0.17/+9.24%) with a closing price of $2.01 per share, Seattle Genetics Inc (+3.43/+8.25%) with a closing price of $45.01 per share, and Ziopharm Onocology Inc closing up at $10.62 per share for a gain of (+0.80/+8.15%).

Losers for the week include Mattress Firm Holding Corp closing down at $46.24 per share for a loss of (-14.10/-23.37%), Finisar Corp closing down at $12.16 with a loss of (-2.75/-18.44%), Marvell Technology Group Ltd (-1.71/-16.21%) with a closing price of $8.84 and Linn Energy LLC (-0.39/-11.14%) with a closing price of $3.11.

Active for the week included Apple Inc, in heavy trading moved 49.92M shares, to close down at $114.16 per share with a gain of (+1.39%), Marvell Technology Group Ltd in medium trading moved 45.29M shares closing down at $8.84 per share with a loss of (-16.21%), Frontier Communications Corp in medium trading moved 37.67M shares closing down at $5.32 per share with a loss of (-3.45%), Advanced Micro Devices Inc in steady trading moved 31.01M shares, closing up at $2.01 per share for a gain of (+9.24%).

The NASDAQ closed up at 4,822.34 for a gain of (+26.09/+0.54%).

The S&P 500 also closed up at 1,961.05 for a gain of (+8.76/+0.45%).

World Markets

The ten most watched world markets closed the trading with an 80/10 loss. The DOW Jones Industrial and the Shanghai Composite closed up. Not included in the ten most watched markets, the S&P500 and the NASDAQ also closed up.

With the exception of the New York Markets, Mexico’s IPC and Canada's S&P TSX Composite closed down.

Central Europe’s London's FTSE 100 and the CAC 40 of France and Germany's DAX all closing down, as the uncertainly of the refugee situation reverberated throughout Central European countries. The SENEX of India, the Hong Kong Hang Seng and Japan’s highly traded Nikkei 225 closed down.

Nikkei 225

The Japanese Nikkei 225 opened the trading week at nearly the week low (17,582.51) and mirroring the Dow Jones Industrial Average dropped to the week low (17,427.08) as the North American markets opened after the long holiday weekend.

Similar to the DOW, the Nikkei immediately rallied and by midday Tuesday had gained nearly 1000 points. By 3:00pm Tuesday the Nikkei hit the week high of 18,770.51 a short lived high. Wednesday opened to a 600 point drop followed by a shorter decline and rally.

The Nikkei, on Thursday settled into a slow, steady rally that continued throughout the remainder of the week and through the closing bell Friday.  

The Nikkei 225, still in a weekly gain/loss pitch, fell this closing the week down with small double digit losses.

The Nikkei closed the trading week down at 18,264.22 with double digit losses of (-39.40/-0.19%). 

Gainers for the week include Daiwa House Industry Co Ltd (+112.00/+3.81%), Sumitomo Osaka Cement Co Ltd (+14.00/+2.96%), Konami Corp (+74.00/+2.85%), UNY Group Holdings Co Ltd (+20.00/+2.82%).

Losers include Fujikura Ltd (-27.00/-4.53), Nitto Denko Corporation (-311.00/-4.09%), Mitsubishi Electric Corp (-47.50/-3.96%) and Tokyo Electron Ltd (-236.00/-3.65%).

Active on the Nikkei include Mizuho Financial Group Inc, in 38 straight weeks of strong trading, moving 216.17M shares to close up at ¥238.60 for a gain of (+0.89%), Tokyo Electric Power Co Inc in strong trading moved 77.05M to close up at ¥836.00 for a gain (+1.09%), Mitsubishi UFJ Financial Group Inc in medium trading, moved 74.84M shares to close up at ¥770.40 for a gain of (+0.96%), Toshiba Corp in mild trading moved 66.27M shares to close down at ¥321.00 for a loss of (-3.31%).

FTSE 100

London Markets began the week down, a slow quiet day as the markets were mainly down reflected of the closed North American Markets, and by Monday’s close the FTSE had neared the week low of 6074.52. Spiking Tuesday opened with an 89 point jump and began a small mid day rally which by opening bell Wednesday had gained nearly 180 point from the blistering and dismal Monday showing. The FTSE saw the week high later in the afternoon Wednesday at 6276.59. Immediately the market quaked. With mild gain/loss rallies throughout the remainder of the week, the market shifted between the possibility of minimal losses and ending the week on a positive note. Friday’s decline ended all questions and the London market closed the week with minimal double digit losses.

The London Markets closed down at 6,117.76 with triple digits losses of (-38.05/-0.62%).

Gainers in the FTSE 100 include BAE Systems PLC (+8.60/+1.94%), Hikma Pharmaceuticals PLC Group (+39.00/+1.65%), Kingfisher PLC (+4.90/+1.36%) and Coca-Cola HBC AG (+13.00/+1.36%).

Losers include Morrison (Wm) Supermarkets PLC (-5.44/-3.18%), Sainbury (J) PLC (-5.90/-2.47%), Inmarsat PLC (-22.00/-2.10%), and Tesco PLC (-3.85/-2.07%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 77.90M shares in strong trading, closed down at €75.78 for a loss of (-0.71%), Glencore PLC, in mild trading, moved 39.32M shares to close up at €133.90 per share for a gain of (+0.75%),Vodafone Group PLC in light trading moved 36.97M shares to close down at €224.65 for a loss of (-1.08%), BP PLC, in light trading moved 20.11M shares to close down at €333.80 per share for a loss of (-0.45%).

Hang Seng Index 

The Hang Seng Index began the trading week down and saw the week low Monday afternoon. By Tuesday opening bell a slow rally began that peaked Wednesday afternnon with the week high of 22,211.13.

The mid-week rally ushered in an immediate decline of nearly 600 points before hitting a plateau that steadied. The market steadied throughout the remainder of the week. The Hang Seng ended the trading week down with double digit losses.

The Hang Seng closed down at 21,540.37 with double digit losses of (-58.13/-0.27%).

Gainers on the Hang Seng Index include Sun Hung Kai Properties Ltd (+3.80/+3.83%), China Resources Power Holdings Co Ltd (+0.68/+3.61%), Cheung Kong Property Holdings Ltd (+1.70/+2.99%), Kunlun Energy Co Ltd (+0.13/+2.32%).

Losers for the week include China Shenhua Energy Co Ltd (-0.64/-4.79%), PetroChina Co Ltd (-0.20/-3.34%), CK Hutchison Holdings Ltd (-3.00/-2.78%), China Life Insurance Co Ltd (-0.65/-2.41%).

Active trading on the Hang Seng Hong Kong Index includes Bank of China Ltd, in heavy trading, moved 397.43M shares to close up at HK$3.55 (+1.72%), Industrial and Commercial Bank of China Ltd, in strong trading, moved 351.28M shares to close up at HK$4.68 (+1.74%), China Construction Bank Corp, in heavy trading moved 233.41M shares to close up at HK$5.38 (+0.37%), PetroChina Co Ltd in strong trading moved 138.37M shares to close down HK$5.78 (-3.34%).

Source: Bing Finance

Haute Tease

  • Beltway Insider: Obama/Syrian Cease Fire; North Korea; Iran; SCOTUS; Election 2016; Nancy Reagan

    AddThis Social Bookmark Button

    President Obama reiterated his ambitious goals, in a conversation with NASA Astronaut Scott Kelly who spent a year in space, to send Astronauts to Mars by the 2030's, and solidify the United States position as a leader in space exploration.  

  • Beltway Insider: Obama Returns to WH; ISIS Hit; Global Violence Erupts; Macedonia; Hurricane Katrina

    AddThis Social Bookmark Button

    President Obama returned from his annual vacation renewed and ready to lobby for the passage of the historic Iranian nuclear deal that has been subject to intense scrutiny and debate from Senate members, candidates, lobbyists and pundits.

  • Stronger Review - Inspirational, Emotional, A Solid Bio-Pic

    AddThis Social Bookmark Button

    Stronger, from Roadside Attractions and Lionsgate, presents the story of Jeff Bauman, a survivor of the Boston Marathon Bombing and the aftermath of his recovery, challenges, hopes, his family, and how he went from ordinary to extraordinary.

  • Walter Baholst, Director of Voodoo Possession, Talks on the Challenges of Creating a Realistic Voodoo Horror Film

    AddThis Social Bookmark Button

    "Voodoo Possession," from Rough Rider Studios and Front Row Productions, brings to the screen a deep journey into post earthquake Haiti and its voodoo spirit world to find and free possessed and stolen souls.

  • Lladró Presents Niagara Chandelier Gold

    AddThis Social Bookmark Button

    Lladró, the world renowned Spanish porcelain company, presents Niagara Chandelier-Gold, a new version of spectacular Niagara chandelier decorated with golden luster. Over 100 handmade porcelain fairies flutter around this lamp with a diameter of 1.1 meters (31 1/2").

  • 8 Surprising Medical Facts About Healthy Eating On-the-Go

    AddThis Social Bookmark Button

    Before you hit the road on that holiday vacation or business trip with a mindset of maintaining a healthy diet regimen, beware! What you "think" you know about healthy food choices can hurt you. Eating healthfully can be extra-challenging when you are out and about, whether traveling remotely, in transit from point A to point B, or dining out locally.

  • Animal Kingdom: Season Three Starts With A Bang

    AddThis Social Bookmark Button

    TNT's breakout hit Animal Kingdom returns for its third season, opening with a shocking conclusion, the new preeminent crime family, The Cody's, are back and the ties that bind them are about to be stretched to the limit.

  • Op/Ed: Patients and Physicians Unite: You Have Nothing to Lose but Your Chains

    AddThis Social Bookmark Button

    In an entertainment venue called the "Escape Room," participants are locked inside a themed adventure room, and they must figure out how to escape. Themes include prisons, KGB interrogation, and hostage situations. Perhaps a new theme could be ObamaCare.

  • Virtual Revolution Review – Haunting Tale of the Connected Future

    AddThis Social Bookmark Button

    Virtual Revolution, from Wild Eye Releasing, brings to the screen a visually graphic and shocking world of 2047 where society is divided into two groups those who live for their Virtual Reality existence, the corporations in control the gamers.

  • Beltway Insider: Clinton to Testify; December Job Numbers; Lawmakers Buy Time with Soft Deal; Sandy Hook Students Back

    AddThis Social Bookmark Button

    The Obama White House, led by Vice President Biden, and Minority Leader Mitch McConnell, rejoiced over bi-partisan deal that averted the possibility of a fiscal cliff tumble and government meltdown.

  • Willem Dafoe: The Man Behind The Mask

    AddThis Social Bookmark Button

    JOHN CARTER, the Sci-Fi action adventure, from Walt Disney Studio Pictures, and Academy Award winning Director Andrew Stanton recently hosted the global media day in advance of the March 9th opening.

  • I Am Paul Walker Review – Honest, Heartfelt, Genuine

    AddThis Social Bookmark Button

    I Am Paul Walker, from Virgil Films, Network Entertainment and Paramount Network, presents a behind the scenes documentary that captivates with never before seen footage and interviews with family, friends, co-stars and colleagues, building an endearing and lasting respect.

  • Do You Have the Jitters? Top Six Surprising Causes For Anxiety

    AddThis Social Bookmark Button

    Ever have those nagging feelings that something terrible is about to happen, or terrible unwanted thoughts or unexplained nausea, headaches, nosebleeds?   Did you know that there are "external" factors/habits in our daily lives that can increase anxiety?

  • Money News: The Bear Returns, Dow, European Markets Suffer; Asian Markets Up

    AddThis Social Bookmark Button

    The DOW Jones Industrial Average, struggled to get up under the heavy losses that refused to let up as this third Monday of fighting off the bear was met with a slow steady uncontrollable decline and finally the week was over.

  • Danielle Jones, Comatose Craigslist Beating Victim, Wakes

    AddThis Social Bookmark Button

    Danielle Jones, the Miami female beaten nearly to death and into a coma by a roommate she had found on Craigslist one week after he moved in, has finally woken 24 days after the Valentine's Day attack.