Money News: Greece Austerity Issues Back On Track; Global Markets Split 50/50

AddThis Social Bookmark Button

The DOW Jones Industrial Average fell to the bear with minimal losses regaining lost territory as the Eurozone hammered out a workable deal with Greece bringing the global markets back into the usual roller coaster market ride.

The DOW opened the trading week down with the entire week filled with strong rallies and equally sharp declines. The volatile market responding to the global trending Greece Eurozone uncertainty. By weeks end the market had ridden the tumultuous week surviving with only minimal losses.

The DOW ended the trading week down at 18,086.45 (-33.80/-0.19%). Opening at 18,117.58, the DOW held a day range of 18,032.06-to-18,121.12.

Gainers include Etsy Inc (+5.15/+30.60%) with a closing price of $21.98 per share, Google Inc [GOOGL](+97.84/+16.26%) with a closing price of $699.62 per share, Google Inc [GOOG] also closed up at $672.93 for a gain of (+93.08/+16.05%) and Ophthotech Corp closing up at $69.93 per share for a gain of (+8.14/+13.17%)

Losers for the week include Intra-Cellular Therapies, Inc closing down at $33.37 per share for a loss of (-2.94/-8.10%), Caesars Acquisitions Co closing down at $7.54 with a loss of (-0.52/-6.45%), PDC Energy, Inc (-3.07/-6.25%) with a closing price of $46.03, and Vanguard Natural Resource LLC (-0.78/-6.24%) with a closing price of $11.72.

Active for the week included Facebook Inc in strong trading moved 54.00M shares, closing up at $94.97 per share for a gain of (+4.53%), Apple Inc also in strong trading moved 46.16M shares closing up at $129.62 per share with a gain of (+0.86%), Intel Corp in strong trading moved 43.70M shares closing down at $29.47 per share with a loss of (-1.44%), Frontier Communications Corp moved 41.80M shares in strong trading to close up at $5.14 per share for a gain of (+2.19%).

The NASDAQ closed up at 5,210.14 for a gain of (+46.96/+0.91%).

The S&P 500 also closed up at 2,126.64 for a gain of (+2.35/+0.11%).

World Markets 50/50 Split

The ten most watched world markets closed the trading week with a 50/50 split. The North American Markets including the DOW Jones Industrial, and Mexico's IPC and Canada's S&P TSX Composite, Central Europe's London's FTSE 100 and Germany's DAX all closed down. The Asian Markets including the Hong Kong Hang Seng, Shanghai Composite, SENEX of India, and Japan's highly traded Nikkei 225, CAC 40 of France as well as the NASDAQ and the S&P500 all closed up.

Nikkei 225

The Japanese Nikkei 225, began the trading week weak, as all world markets. By mid-day Tuesday the Nikkei had begun a rally that continued through the week, with a slow and calm climb ending with double digit gains.

The Nikkei closed the trading week up at 20,650.92 with double digit loss of (+50.80/+0.25%). 

Gainers for the week include Sumco Corp (+55.00/+4.09%), Unitika Ltd (+2.00/+3.45%), Tokyo Tatemono Co Ltd (+54.00/+3.23%), Sumitomo Mitsui Trust Holdings Inc (+17.00/+2.99%).

Losers include Sharp Corp (-6.00/-3.49), Yokohama Rubber Co Ltd (-50.00/-2.05%), Nippon Paper Industries Co Ltd (-41.00/-1.94%) and Toho Co Ltd (-55.00/-1.80%).

Active on the Nikkei include Mizuho Financial Group Inc, in 30 straight weeks of strong trading, moving 146.11 shares to close up at ¥270.30 for a gain of (+0.48%), Sharp Corp, also in strong trading, moved 71.33M shares to close down at ¥166.00 for a loss of (-3.49%), and Toshiba Corp in medium trading, moved 61.67M shares to close up at ¥376.80 for a gain of (+2.03%), Mitsubishi UFJ Financial Group Inc, in medium trading moved 58.67M shares to close up at ¥903.60 for a gain of (+1.36%).

FTSE 100

London Markets, began the week still reeling from the unsettled financial crisis in Greece, and slowly, mirroring half of the ten most watched markets, began a slow steady rally which climbed throughout the remainder of the week.

The gains, unfortunately were not enough, and the London Markets closed down at 6,775.08 with double digits losses of (-21.37/-0.31%).

Gainers in the FTSE 100 include easyJet PLC (+32.00/+1.92%), TUI AG (+18.97/+1.75%), International Consolidation Airlines Group (+9.19/+1.65%) and Sports Direct International PLC (+10.00/+1.36%).

Losers include Royal Mail PLC (-16.50/-3.13%), Randgold Resources Ltd (-89.00/-2.18%), Fresnillo PLC (-12.50/-1.87%), and Anglo American PLC (-14.90/-1.67%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 110.71M shares in strong trading, closed up at €87.37 for a gain of (+0.99%), Glencore PLC, in mild trading moved 30.64M shares to close down at €242.46 per share for a loss of (-1.18%), Barclays PLC, in light trading moved 25.76M shares to close up at €280.25 per share for a gain of (+0.09%),Vodafone Group PLC in mild trading moved 23.28M shares to close down at €237.60 for a loss of (-0.17%).

Hang Seng Index 

The Hang Seng Index began the trading week down and began a slow and steady rally that continued, with limited declines, the Hang Seng closed the trading week up with triple digit gains.

The Hang Seng closed up at 24,415.27 with triple digit gains of (+252.49/+1.00%).

Gainers on the Hang Seng Index include Belle International Holding Ltd (+0.38/+4.55), Lenovo Group Ltd (+0.33/+3.56%), Kunlun Energy Co Ltd (+0.21/+2.97%), Li & Fung Ltd (+0.16/+2.69%).

Active trading on the Hang Seng Hong Kong Index includes Bank of China Ltd, in heavy trading, moved 193.34M shares to close up at HK$4.49 (+0.90%), China Construction Bank Corp, also in heavy trading moved 161.69M shares to close up at HDK$6.56 (+0.92%), Industrial and Commercial Bank of China Ltd, in strong trading, moved 136.27M shares to close up at HK$5.72 (+0.70%), and China Petroleum & Chemical Corp in strong trading moved 64.34M shares to close down HK$6.19 (-0.16%).

Losers for the week include China Resources Power Holdings Co Ltd (-0.25/-1.20%), Hong Kong and China Gas Co Ltd (Hong Kong) (-0.08/-0.50), Hengan International Group Co Ltd (Hong Kong) (-0.25/-0.28%), China Resources Land Ltd (-0.05/-0.22%).

Source: Bing Finance


Haute Tease

  • A Long Way Down Review – Not the Suicide Fall Some Say

    AddThis Social Bookmark Button

    "A Long Way Down," from Magnolia Pictures and BBC Films, brings to the screen a blended misfit family of four lost souls who find themselves uncommonly united as fate throws down a challenge stopping their perfectly planned ending.

  • E.L. Doctorow, Novelist, Professor, Author, Dead at 84

    AddThis Social Bookmark Button

    E.L. Doctorow, a quintessential New York novelist and author of such well known and highly regarded novels as World's Fair, Billy Bathgate, Loon Lake and Watership Down has died according to family. He was 84.

  • The Only Living Boy In New York Review – Unexpected, Surprising, A Solid Bet

    AddThis Social Bookmark Button

    The Only Living Boy In New York, from Amazon Studios and Roadside Attractions, presents a story of life, love, hope and New York, with a quintet of characters molded from everything New York was, is and lost along the way.

  • 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.

  • Wonder Wheel Review – Visually Stunning, Woody Allen Captures Coney Island in its Glory Days

    AddThis Social Bookmark Button

    Wonder Wheel, from Amazon Studios, presents Coney Island, circa 1950: a cornucopia of memories, summertime, carnival, amusement rides, boardwalk games, sun, sand, surf, Nathan’s famous hot dogs, a lifeguard, a summer romance, a carousel operator and his wife.

  • World News: France’s Imposed Pension Reform Backfires

    AddThis Social Bookmark Button

    France’s imposed pension reform, which has become a pivotal election issue that will determine the candidate’s chances of political success, has the political structure slowly understanding imposed change will backfire with the people happy to change leadership.

  • WALT DISNEY Releases Two New Trailers from its 2013 Slate

    AddThis Social Bookmark Button

    From Jerry Bruckheimer, producer of the PIRATES OF THE CARIBBEAN franchise, and Walt DISNEY comes their newest collaboration THE LONE RANGER starring Johnny Depp and Armie Hammer. WALT DISNEY/ PIXAR also released a new trailer for the summer 2013 release of the hilarious MONSTERS UNIVERSITY sequel to MONSTERS INC., in theaters this December.

  • Grandmaster Furious Five Featuring Mele Mel & Scorpio Embark On a United Kingdom ReMix Tour

    AddThis Social Bookmark Button

    Some Kind of Sorry', the new single from Grandmaster's Furious Five featuring Mele Mel & Scorpio, has seen the Rap legends and original pioneers of Hip Hop gaining airplay on national and regional radio stations all over the world.  

  • Thanksgiving Box Office Round Up – After "The Irishman" Head to the Theater

    AddThis Social Bookmark Button

    The Thanksgiving weekend weather wise is a wash which spells stratospheric success for streaming giant Netflix and the premiere of Martin Scorsese’s The Irishman, the Jimmy Hoffa film from the master of American mobster movies.

  • Coming Out in Hollywood

    AddThis Social Bookmark Button

    Recently, The Wrap wrote a really insightful article about celebrities coming out publicly with ease, yet there are certain industries where it is still taboo to be out of the closet, namely big movie stars.

  • Beltway Insider: Obama, World, EU Reacts to Brexit; Brits Vote Leave; WV Floods; Whitey Bulger; Rio

    AddThis Social Bookmark Button

    President Obama maintained his campaign promise this week and designated the site of the Stonewall Uprising, in New York City’s Greenwich Village, the first National Monument in the fight for freedom to honor the broad movement of LGBT equality.

  • Tips to Calm Crazy Waves and Unruly Curls

    AddThis Social Bookmark Button

    International Curl Expert Maya Smith shares tips for those with naturally wavy and curly hair of all coils who in an endless battle to find ways to tame the mane turn to relaxers, weekly blowouts or extensions.

  • Auto, Yacht, Jets: Luxury Car Maintenance - A How To Guide

    AddThis Social Bookmark Button

    Ownership of a luxury vehicle is meant to send a distinctive, definitive and impressive statement, the symbol of refinement, of elegance, of luxury class sophistication, high end style, of making it, the master of their universe.  

  • From CANNES: Wonder Woman And Monster Filmmaker Patty Jenkins To Receive The 2018 Women In Motion Award

    AddThis Social Bookmark Button

    Patty Jenkins is a writer and director, best known for directing Warner Bros. Wonder Woman, her debut Oscar-winning feature Monster and helming the pilot and finale episode of AMC's The Killing. She began her career in painting after studying at Cooper Union.  

  • The Painter’s Wedding Book Review – A Beautiful Collection of Event Inspirations

    AddThis Social Bookmark Button

    The Painter's Wedding, from author Kristy Rice and Schiffer Publishing, brings to the pages a fresh take on the world of wedding themes, from decorations to invitations, with inspirations drawn from great master painters and their significant work.