Money News: Bear Mauls Ten Most Watched Global Markets

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The Dow Jones Industrial. Along with the NASDAQ and S &P 500, made a strong effort over the past week, successfully holding the bear at bay, until the off the encroaching bear market while the S&P500 fell as the bear split the ten most watched global markets with no obvious pattern as usually aligned U.S. markets fell.

The DOW opened Monday at 17,439.25. Trading remained steady throughout the first three days reaching the week high, 17,790.58 on Tuesday and producing solid, steady gains through Wednesday.

Stocks open down on Thursday, dropping 221 points. A small rally followed and the DOW was unable to regain the momentum, as investors turned skittish. The DOW continued falling continuing hitting the week low with the markets close.

The DOW closed the trading week down with triple digit losses at 17,245.24 (-202.83/-1.16%). Opening at 17,439.25. The DOW held a day range of 17,238.89-to-17,439.25.

Gainers include E I du Pont de Nemours & Company (+0.95/+1.44%) with a closing price of $67.05 per share, Caterpillar Inc closing up at $69.64 per share for a gain of (+0.98/+1.43%), General Electric Co (+0.11/+0.36%) with a closing price of $30.26 per share, and Boeing Co closing up at $142.53 per share for a gain of (+0.01/+0.01%).

Losers for the week include Cisco Systems Inc closing down at $26.12 per share for a loss of (-1.72/-6.18%), Nike Inc closing down at $121.91 with a loss of (-4.08/-3.24%), Home Depot Inc (-3.76/-3.04%) with a closing price of $120.08 and Apple Inc (-3.47/-2.99%) with a closing price of $112.30.

Active for the week included General Electric Co in heavy trading moved 220.96M shares closing up at $30.26 per share with a gain of (+0.36%), Cisco Systems Inc, in medium trading moved 79.44M shares, to close up at $26.12 per share with a loss of (-6.18%), Apple Inc in steady trading moved 37.73M shares, closing down at $112.30 per share for a loss of (-2.99%), Microsoft Corp in light trading moved 27.96M shares closing down at $52.90 per share with a loss of (-0.79%).

The NASDAQ closed down at 4,927.88 for a loss of (-77.20/-1.54%).

The S&P 500 also closed down at 2,023.04 for a loss of (-22.93/-1.12%).

World Markets

The ten most watched world markets, across the board, closed the trading week down. The DOW Jones Industrial and the NASDAQ closed up while the S&P500 closed down.

Nothing was spared as the Bear Market swept the ten most watched global markets. The Americas Markets split with Mexico’s IPC and Canada's S&P TSX Composite closing down. The three top ten watched Central European Markets also closed down as did the highly traded Asian Markets.

Nikkei 225

The Japanese Nikkei 225 opened the trading week up (19,495.26) and after a week of violent market swings and an uncontrollable Friday drop, followed by a small rally, the Nikkei ended the trading week down.  

The Nikkei had strong rallies and sharp, steep declines. Monday the market climbed to 19,678.39 by 11:30am and immediately fell, rallied and ended the day down. The market didn’t experience a Tuesday bounce and bean the slow climb to pull itself up it wouldn’t be until the bounce from Wednesday the  Nikkei recovered slightly at 19,699.51.

Forecasting from Wednesday’s recovery it looked as if the market may have closed up until after hitting the week high, 19,719.34 on Thursday, at 2:00pm, the market unable to sustain the rally plummeted hitting the week low, of 19,403.28, 316 point loss, at 10:00am Friday.

The remainder of the day, the market attempted to rally and ended with an impressive 185 point rally, not enough however to pull the Nikkei out of the abyss and the highly traded Asian market closed the trading week down.

The Nikkei closed the trading week down at 19, 596.91 with triple digit losses of (-100.86/-0.51%). 

Gainers for the week include Nippon Suisan Kaisha Ltd (+13.00/+3.27%), Nichirei Corp (+21.00/+2.55%), DeNa Co Ltd (+46.00/+2.39%), Screen Holdings Co Ltd (+17.00/+2.07%).

Losers include Toshiba Corp (-18.60/-5.93%), Hokuetsu Kishu Paper Co Ltd (-33.00/-3.98%), Hitachi Construction Machinery Co Ltd (-71.00/-3.69%) and Kyowa Hakko Kirin Co Ltd (-65.00/-3.09%).

Active on the Nikkei include Mizuho Financial Group Inc, in 47 straight weeks of strong trading, moving 136.34M shares to close down at ¥256.30 for a loss of (-0.31%), Toshiba Corp in medium trading, moved 122.69M shares to close down at ¥296.10 for a loss of (-5.93%), Mitsubishi UFJ Financial Group Inc in medium trading moved 102.64M shares to close up at ¥829.10 for a gain of (+1.51%), Unitika Ltd in light trading moved 63.09M to close even at ¥59.00 for a loss/gain of (0.00%),.

FTSE 100

London Markets began the week up, opening Monday at 6,178.68 and immediately began a week long slow decline that continued throughout the entire week to close the trading week down with double digit losses.

The week high at 8:00am Monday 6.363.30 was the closest the FTSE reached to any gains. Unable to sustain, and a combination of external global news continued to weigh on the financial decisions of jittery investors.

The FTSE hit the week low, Friday at 3:00pm of 6, 090.70 with a small bounce the market rallied slightly. The FTSE closed the week with mild double digit losses.

The London Markets closed down at 6,118.28 with double digits loss of (-60.40/-0.98%).

Gainers in the FTSE 100 include Anglo American PLC (+6.70/+1.49%), BHP Billiton PLC (+9.80/+1.12%), CRH PLC (+19.00/+1.08%), Pearson PLC (+7.00/+0.90%).

Losers include Rolls-Royce Holdings PLC (-24.00/-4.47%), G4S PLC (-9.20/-3.90%), Aberdeen Asset Management PLC (-11.60/-3.46%), and Burberry Group PLC (-45.00/-3.43%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 72.99M shares in strong trading, closed up at €72.67 for a gain of (+0.18%), Glencore PLC, in strong trading, moved 57.86M shares to close down at €92.53 per share for a loss of (-3.53%), Vodafone Group PLC in medium trading moved 34.06M shares to close down at €220.15 for a loss of (-0.65%), Barclays PLC, in light trading moved 31.73M shares to close down at €225.00 per share for a loss of (-0.31%).

Hang Seng Index 

The Hang Seng Index opened the trading week at the week high (22,502.28) and immediately began a slow, steady rally followed by an immediate decline closing out Monday’s trading barely above of the week low of 22,336.88.

Tuesday’s bounce brought the Hang Seng back with a 269 point gain at 22,603.15. Sustaining the rally the Hang Seng bounced again to 22,737.44 at Wednesday opening which gave way to a strong rally and the week high of 23,285.21.

Unable to sustain the bounce the Hang Seng slowly declined which ended with the Hang Seng closing the week out down.

The Hang Seng ended the trading week down with triple digit losses.

The Hang Seng closed down at 22,396.14 with a loss of (-492.78/-2.15%).

Gainers on the Hang Seng Index include Lenovo Group Ltd (+0.60/+7.79%), China Resources Enterprise Ltd (+0.06/+0.42%), China Merchant Holdings (International) (+0.05/+0.19%).

Losers for the week include China Resources Power Holdings Co Ltd (-0.74/-4.45%), China Shenhua Energy Co Ltd (-0.60/-4.59%), China Petroleum & Chemical Corp Ltd (-0.24/-4.47%), Belle International Holdings Ltd (-0.34/-4.58%).

Active trading on the Hang Seng Hong Kong Index includes China Construction Bank Corp, in heavy trading moved 283.08M shares to close down at HK$5.45 (-2.68%), Industrial and Commercial Bank of China, in heavy trading, moved 287.69M shares to close down at HK$4.77 (-2.05%), Bank of China Ltd, in strong trading, moved 343.64M shares to close down at HK$3.48 (-1.42%), Lenovo Group Ltd, in medium trading moved 148.14M shares to close up HK$8.30 (+7.79%).

Source: Bing Finance

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