Money News: World Markets Close Up; DOW Down

AddThis Social Bookmark Button

The DOW Jones Industrial struggled against a sluggish economy, rising gasoline prices, an adjusted US GDP Growth rate, as nine of the most watched global markets closed up, the sluggish DOW closed down amidst political uncertainty and global instability.

The DOW closed the trading week down with small double digit losses at 16,391.99 (-21.44/-0.13%). The DOW held a day range of 16,278.00-to-16,410.96.

Gainers include E.I. du Pont de Nemours & Co (+1.09/+1.80%) with a closing price of $61.51 per share, Goldman Sachs Group Inc closing up at $150.25 per share for a gain of (+2.00/+1.35%), Boeing Co closing up at $118.16 price per share (+1.34/+1.15%) and JPMorgan Chase & Co closing up at $57.54 per share for a gain of (+0.53/+0.93%).

Losers for the week include Coca-Cola Co closing down at $43.14 per share for a loss of (-1.02/-2.31%), Wal-Mart Stores Inc closing down at $66.51 with a loss of (-1.53/-2.25%), International business Machines Corp (-2.47/-1.84%) with a closing price of $132.03, and Microsoft Corp closing down at $51.30 for a loss (-0.80/-1.54%).

Active for the week included Pfizer Inc in solid trading for the week moved 42.93M shares closing up at $30.23 per share for a loss of (+30.23%), Microsoft Corp, in strong trading moved 35.98M shares, to close down at $51.30 per share for a loss of (-1.54%), General Electric Co in solid trading moved 29.34M shares closing up at $29.40 per share for a gain of (+0.58%), Apple Inc in medium trading moved 28.99M shares closing down at $96.91 per share with a gain of (+0.16%).

The NASDAQ closed up at 4,504.43 for a gain of (+16.89/+0.38%).

The S&P 500 also closed down at 1,917.78 for a loss of (-0.05/+/-0.00%).

World Markets

The Ten most watched global markets ended the week split 90/10. All major New York Markets, the DOW Jones Industrial and the S&P500 closed down. The NASDAQ closed up.In the Americas, Mexico’s IPC and Canada's S&P TSX Composite both closed up.

The three top ten watched Central European Markets, London’s FTSE 100, Germany’s DAX and CAC 40 of France all closed up.

The highly traded Asian Markets finally escaped the bear’s grasped. The Sensex of India closed up. Hong Kong’s Hang Seng, the Shanghai Composite and the highly traded Japanese Nikkei 225 also closed up.

Nikkei 225

The Japanese Nikkei 225, the stock market index for the Tokyo Stock Exchange, operating on a five day trading week, struggled against the strong fluctuating market with the Nikkei finally escaping the bear’s grasp to close the trading week up.

Stocks opened Monday down, 15,908.05 and began an immediate rally by afternoon the Nikkei had experienced solid gain and closed the day at 16,111.05.  Stocks opened Tuesday up on the bounce at 16,304.63 and immediately went into a tailspin, declining for the remainder of the day closing Tuesday at 16,052.05.

Wednesday opened down at 15,779.64 and while the sluggish Nikkei managed to close up at 15,915.79; it was a hard won victory.

Stocks on the Nikkei opened Thursday up at 16,035.03 on the bounce and continued to rally with minor setbacks and momentary declines the Nikkei managed to close up at 16,140.34.

Friday the Nikkei opened up on the bounce at 16,382.07, a gain of 242 points. A small decline/rally and the Nikkei managed to close the week up at 16,188.41.

The Nikkei 225 closed the trading week up at 16,188.41 with double digit gains of (+48.07/+0.30%).

Gainers for the week include Nisshin Steel Co Ltd (+47.00/+3.79%), Alps Electric Co Ltd (+56.00/+3.10%).

Losers for the week included DeNA Co Ltd (-116.00/-6.51%), Sumco Corp (-27.00/-3.68%).

Active on the Nikkei 225 include Mizuho Financial Group Inc moving, in 60 straight weeks of strong trading, moved 194.04M share to close down at ¥168.10 for a loss of (-1.47%), Sharp Corp, moving 103.95M shares to close even at ¥132.00 for a gain/loss of (+/-0.00%).

Mitsubishi UFJ Financial Group Inc in soft trading, moved 83.56M shares to close even at ¥488.70 for a gain/loss of (+/-0.00%), NEC Corp in medium trading moved 50.71M shares to close even at ¥288.00 for a gain/loss (+/-0.00%),

FTSE 100

The London Markets, followed closely the global pattern with deep setbacks mid-week followed by strong rallies to finish.

Opening down on Monday at 6,015.05, the FTSE moved quickly up with minor rolling declines to close up at 6,037.73. Tuesday the FTSE opened down at 5,991.50 and remained in the rolling rally/decline patter with a major tumble closing the day.

Stocks opened Wednesday down at 5,941.09 as the decline continued throughout the trading day hitting the week low of 5,859.75 by close of trading Wednesday.

Thursday the market opened up nearly 100 points at 5,961.26 and continued to rally throughout the day and managed to close up, after a mid-afternoon decline almost wiped out the gains of the day, at 6,012.81.

The FTSE opened on the bounce Friday, up at 6,076.28. The FTSE rallied strongly throughout the day hitting the week high 6,113.23.

A FTSE closed the trading up at 6,096.01 with double digit gains of (+83.20/+1.38%).

Glencore PLC in strong trading moved 144.68M shares to close up at €102.15 for a gain of (+2.48%), The London Markets closed down at 6,096.01 with double digit gains of (+83.20/+1.38%).

Gainers in the FTSE 100 include Glencore PLC (+9.45/+7.95%), Standard Chartered PLC (+31.30/+7.85%), Burberry Group PLC (+89.00/+7.54), London Stock Exchange Group PLC (+183.00/+6.95%).

Losers include Royal Bank of Scotland Group (The) PLC (-17.40/-7.13%), International Consolidated Airlines Group PLC (-17.50/-3.13%), Coca-Cola HBC AG (-42.00/-2.98%) and Severn Trent PLC (-28.00/-1.30%).

Active on the FTSE 100 included Lloyd Banking Group PLC moving 174.27M shares in strong trading, closed up at €72.13 for a gain of (+2.11%), Glencore PLC, in strong trading, moved 84.22M shares to close down at €128.25 per share for a gain of (+7.95%), Barclays PLC in strong trading moved 55.46M shares to close up at €169.10 for a gain of (+2.58%), Royal Bank of Scotland Group (The) PLC, in medium trading moved 50.18M shares to close down at €226.60 per share for a loss of  (-7.13%).

Hang Seng Index 

The Hang Seng Index opened the trading week down at 19,374.24, and experienced impressive rallies and sharp declines throughout the week.

The Hang Seng opened Monday at 18,374.24, trading on the Hang Seng was characterized by strong rallies and sharp declines to close the day up 90 points at 19,464.09.  

Opening up 42 points on the bounce, the Hang Seng declined throughout the day closing down at 19,414.78.  

The loss continued as Wednesday opened down 163 points and continued to fall throughout the day. A small rally stopped the hemorrhage and the Hang Seng closed at 19,192.45. Opening down Thursday, The Hang Seng fell 142.00 before 9:30am.

Trying to shake off the decline, a small rally brought before noon brought the sluggish Hang Seng up to 19,114.29 before tumbling out of control for the remainder of the day closing down at 18,888.75.

The Hang Seng skyrocketed Friday on the bounce opening at 19,223.52 a gain if 335 points. Friday’s opening boost fueled a strong rally and the Hang Seng continued to climb throughout the day with a strong afternoon jump the Hong Kong markets closed the trading week up at 19,365.53.

The Hang Seng closed up at 19,364.15 with triple digit gain of (+475.40/+2.52%).

Gainers on the Hang Seng Index include Tingyi (Cayman Islands) Holding Corp (+0.53/+7.49%), Kunlun Energy Co Ltd (+0.31/+5.82%), China Petroleum & Chemical Corp (+0.24/+5.73%), Cathay Pacific Airways Ltd (+0.62/+5.08%)

Losers for the week include China Resources Beer (Holdings) Co Ltd, (-0.32/-2.51%), Hengan International Group Co Ltd (-0.05/-0.08%).

Active trading on the Hang Seng Hong Kong Index includes Industrial and Commercial Bank of China, in strong trading, moved 373.64M shares to close dup at HK$3.87 (+0.78%),  Bank of China Ltd, in strong trading moved 225.24M shares to close up at HK$2.94 (+1.73%), China Construction Bank Corp, in strong trading, moved 204.38M shares to close up at HK$4.58 (+1.10%), PetroChina Co Ltd, in strong trading moved 112.01M shares to close up HK$5.17 (+4.66%).

Source: Bing Finance

Haute Tease

  • Second US Journalist Beheaded by Iraqi Terror Group

    AddThis Social Bookmark Button

    Global media is reporting a second U.S. journalist, Steven Joel Sotloff, was beheaded by ISIS/ISIL, the Iraqi Terrorist organization in retaliation for the United States' assistance to the Iraqi people placed under siege by the militant group.

     
  • Beltway Insider: ISIS Leader Killed; Boston Bomber Sentenced; GCC Meet; Morsi; B.B. King Passes

    AddThis Social Bookmark Button

    President Obama has sent Secretary of State John Kerry to meet with Russian President Vladimir Putin in the first official state meeting since the illegal annexation of Crimea and violation of territorial sovereignty of neighboring Ukraine.

     
  • Blood Brother Review - The Story of Rocky Braat and The Orphans He Loves

    AddThis Social Bookmark Button

    Blood Brother, from Roco Films and Tugg Inc, brings to the screen the story of Rocky Braat, a wandering soul who found life among the abandoned, dispossessed, orphaned AIDS children of Tamil Nadu, India.

     
  • Juno Enters Jupiter's Atmosphere – No, It’s Not MARS

    AddThis Social Bookmark Button

    Just when MARS was the acceptable next frontier, NASA announces the Juno Mission, a successful five-year space odyssey that essentially began anew July 4, as the unmanned spacecraft entered Jupiter’s atmosphere to initiate planetary study.

     
  • Tribeca Film Festival 2015 Set To Begin

    AddThis Social Bookmark Button

    The annual Tribeca Film Festival is poised to begin its 14th season bringing the world to the New York City center stage with ten days of fun, film, and free events celebrating the resurgence of lower Manhattan.

     
  • Business/Finance: Starbucks CEO Kevin Johnson Speaks with CNBC's "Squawk on the Street"

    AddThis Social Bookmark Button

    "Squawk on the Street" host Jim Cramer, host of CNBC's Mad Money, interviewed Starbucks CEO Kevin Johnson who explained recent gains in Starbucks shares, beta testing Starbucks Delivers, java growth in China, Alibaba partnerships and the long game.

     
  • The Public Review - Star Power Spotlights Plight of The Disenfranchised

    AddThis Social Bookmark Button

    The Public, from Greenwich Entertainment, presents the story of a group of homeless who stage a sit-in, an occupy the Library, to protest the lack of shelters during a brutal, bitter, cold snap that claimed eleven lives.

     
  • Beltway Insider: Obama Snubs Paris Unity March; Charlie Hebdo; GOP Takes the Hill; December Jobs

    AddThis Social Bookmark Button

    President Obama refused to stand alongside the global coalition as world leaders gathered in Paris to lead more than one million marchers in solidarity against terrorism and honor those men and women murdered, choosing instead to remain in Washington.

     
  • Train Derailment Exposes Deeper Infrastructure Problem

    AddThis Social Bookmark Button

    Upper Manhattanites have faced an unprecedented week with three major unrelated crisis' that tested emergency services and first responders and have even the most resilient New Yorker’s, known for their steely nerves, feeling somewhat jittery.

     
  • The International Art Festival Category Winners' Exhibition to Hold Opening Reception

    AddThis Social Bookmark Button

    The opening reception for the 2013 International Art Festival Winner’s Exhibition will be held on Wednesday, August 14, beginning at 6:00pm at the Museum of Russian Art.                                 

     
  • The Gambler Review – A Fast Moving, Raw, Pulse Pounding Ride

    AddThis Social Bookmark Button

    "The Gambler," from Paramount Pictures and Winkler Films, brings to the screen a low, close to the ground, pulse pounding, fast moving ride through an addict's universe, with quick turns, sharp dialogue, moments of brilliance, and an unpredictable ending.

     
  • Are You Dating a Narcissist? Seven Red Flags Not to Miss

    AddThis Social Bookmark Button

    With an increasing number of people using dating apps and websites to meet that someone special, a relatable pattern is emerging. You see the lead photo; You're attracted. You read the profile . . even better . .  a brief description and you're hooked.

     
  • Todd Eberle, New York Artist, Opens His Cosmos Gallery Show In Mexico City

    AddThis Social Bookmark Button

    Todd Eberle is an acclaimed New York City-based photographer whose work is united by a clean and analytical minimalist aesthetic, his newest collection brought to life through the thought "Nihil fit ex nihilo - nothing comes from nothing." 

     
  • Sinéad O'Connor Drops New Track, The Foggy Dew, Honoring Slain Irish Historian

    AddThis Social Bookmark Button

    Sinead O'Connor is an international recording artist who needs no introduction. She has recorded 'The Foggy Dew' in honour of the funeral re-enactment of Jeremiah O'Donovan Rossa in Dublin, Ireland on August 1st 2015. The track will be available as a free download fromAugust 5th 2015.

     
  • Celebrity Interview: Cherien Dabis Talks on the Realities of Filmmaking in the Middle East, Bill Pullman and Inspiration

    AddThis Social Bookmark Button

    "May in The Summer," the coming of age family drama from filmmaker Cherien Dabis, takes a challenging look at modern family drama weaving contemporary modern lives, hopes and loves into the old world family structure faced by most second generation Arab Americans.