Money News: Bull Market Continues; DOW, Ten Most Watched Markets Close Up; Hackers Hit Dow

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The DOW Jones Industrial Average rallied, as did the top ten watched markets with all managing to sustain strong showings, staving off the bear, and maintaining the Bull Run as solid gains were reported across the board.

The DOW opened Monday at 17,086.19. Trading remained steady throughout the day closing Monday up at 17, 131.86. The DOW opened Tuesday to a 50 point loss (17, 081.62) and closed the day with minor rallies and declines at 17, 081.89. 

On Wednesday the market plummeted to its lowest point 16, 900.59 and by close was hovering just under 17,000.00. The Thursday morning bounce (16,992.09) ushered in a rally that with only a minor setback continued throughout the remainder of the week.

A strong rally Friday brought the DOW to the week high and close 17,215.97. The DOW ended the trading week up with double digits gains at 17,215.97 (+74.22/+0.43%). Opening at 17,141.75. The DOW held a day range of 17,107.35-to-17,220.02.

Gainers include General Electric Co (+0.95/+3.39%) with a closing price of $28.98 per share, Merck & Co Inc closing up at $51.48 per share for a gain of (+0.76/+1.50%),  Nike Inc (+1.68/+1.30%) with a closing price of $130.47 per share, and Exon Mobil Corporation closing up at $82.48 per share for a gain of (+1.00/+1.23%).

Losers for the week include Caterpillar Inc closing down at $69.68 per share for a loss of (-1.15/-1.62%), Wal-Mart Stores Inc closing down at $58.89 with a loss of (-0.44/-0.74%), Apple Inc (-0.82/-0.73%) with a closing price of $111.04 and 3M Co (-0.49/-0.33%) with a closing price of $148.70.

Active for the week included General Electric Co in heavy trading moved 142.01M shares closing up at $28.98 per share with a gain of (+3.39%), Apple Inc, in medium trading moved 39.23M shares, to close down at $111.04 per share with a loss of (-0.73%), Intel Corp in steady trading moved 29.37M shares, closing up at $33.04 per share for a gain of (+0.89%), Microsoft Corp in light trading moved 26.45M shares closing up at $47.51 per share with a gain of (+1.06%),

The NASDAQ closed up at 4,886.69 for a gain of (+16.59/+0.34%).

The S&P 500 also closed up at 2,033.11 for a gain of (+9.25/+0.46%).

World Markets

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

The Americas Markets, including both Mexico’s IPC and Canada's S&P TSX Composite closed up.

Central Europe’s London's FTSE 100 and the CAC 40 of France and Germany's DAX all closed up, as the initial uncertainly of the refugee upheaval seems to settle across the Central European markets.

Asian Markets, on the world stage, also enjoyed the bull markets. Japan’s highly traded Nikkei 225 closed up. The Shanghai Composite and Hong Kong Hang Seng and the SENEX of India all closed up.

Russian Hackers Steal Information

A group of Russian hackers have reportedly managed to break into the servers of Dow Jones & Co. Inc, stealing information to trade on before it was released to the public. According to Bloomberg, the probe started at least a year ago.

Nikkei 225

The Japanese Nikkei 225 opened the trading week up (18,330.61) and after a week of strong rallies and sharp declines managed to end the week with solid triples digit gains.

Opening Monday, the Nikkei began with a small run quickly turning into a sharp decline and closed the trading day falling nearly 300 points.

Tuesday’s opening, 18059.89, was the high point as the Nikkei fell sharply throughout the day and into Wednesday. By Thursday’s opening the Nikkei fell to the week low of 17,848.71.

Thursday also saw the shift and which ushered in a strong rally the continued through the day into Friday. By 11:00am Friday, the Nikkei saw the week high 18, 371.26. A late day decline and the Nikkei fell slightly closing the trading week up.

The Nikkei closed the trading week up at 18, 291.80 with triple digit gains of (+194.90/+1.08%). 

Gainers for the week include Tokyu Fudosan Holdings Corp (+43.00/+5.%), Sumitomo Realty & Development Co Ltd (+153.00/+3.84%), Sompo Japan Nipponkoa Holdings Inc (+139.00/+3.81%), Mitsubishi Logistics Corp (+56.00/+3.55%).

Losers include Obayashi Corp (-36.00/-3.23%), HASEKO Corp (-41.00/-2.92%), UNY Group Holding Co Ltd (-16.00/-2.30%) and Trend Micro Inc (-100.00/-2.27%).

Active on the Nikkei include Mizuho Financial Group Inc, in 43 straight weeks of strong trading, moving 140.82M shares to close up at ¥236.60 for a gain of (+2.03%), Mitsubishi UFJ Financial Group Inc in medium trading moved 53.28M shares to close up at ¥753.90 for a gain of (+1.64%), Asahi Kasei Corp in medium trading, moved 34.83M shares to close up at ¥798.60 for a gain of (+0.74%), Ube Industries Ltd in strong trading moved 33.71M to close up at ¥234.00 for a gain (+1.30%).

FTSE 100

London Markets began the week up, opening Monday at 6,387.37 and hit the week high, 6,400.52 in less than 15minutes after the opening bell.  The FTSE continued to fall throughout Monday and Tuesday.

Wednesday’s opening low of 6,275.65 was only matched by the week low of 6,269.61 at the close of trading Wednesday.

Thursday’s opening bounce of nearly 65points brought the FTSE to 6,335.95 and within striking range of a solid close. The end week rally continued throughout Thursday and into Friday.

Friday’s high of 6396.25 almost hit the week high and with only a mild decline, the FTSE managed to close the trading week up with double digit gains.

The London Markets closed up at 6,378.04 with double digits gains of (+39.37/+0.62%).

Gainers in the FTSE 100 include Shire PLC (+137.00/+3.13%), Prudential PLC (+36.00/+2.42%), Tesco PLC (+4.50/+2.34%), 3i Ord (+9.90/+2.12%).

Losers include GKN PLC (-10.70/-3.81%), Burberry Group PLC (-27.50/-2.11%), Smith Group PLC (-16.00/-1.57%), and Ashtead Group PLC (-15.00/-1.56%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 71.07M shares in strong trading, closed up at €75.23 for a gain of (+0.81%), Glencore PLC, in strong trading, moved 116.66M shares to close down at €116.66 per share for a loss of (-0.92%), Vodafone Group PLC in medium trading moved 30.52M shares to close up at €209.00 for a gain of (+0.92%), HSBC Holdings PLC, in light trading moved 22.46M shares to close up at €521.600 per share for a gain of (+0.39%).

Hang Seng Index 

The Hang Seng Index opened the trading week down (22,614.33) and remained steady with only small rallies and declines.

Tuesday opened low and the Hang Seng remained in a small rally/immediate decline throughout the first three day of the trading week. Thursday’s opening saw a significant bounce at 22,644.99 Wednesday’s opening (22,588.69) brought the Hang Seng near the high for the week and immediately experienced a mild decline.

Friday’s opening saw a bounce of 344 points for the week high of 23,140.14. A mild decline and the Hang Seng was able to sustain through the adjustment and closed the week up.

The Hang Seng ended the trading week up with triple digit gains.

The Hang Seng closed up at 23,067.37 with double digit gain of (+179.20/+0.78%).

Gainers on the Hang Seng Index include AIA Group Ltd (+1.45/+3.24%), Wharf Holdings (+1.35/+2.92%), Bank of Communications Co Ltd (+0.14/+2.42%), Sun Hung Kai Properties Ltd (+2.40/+2.31%).

Losers for the week include China Mengniu Dairy Co Ltd (-0.52/-3.48%), Galaxy Entertainment Group Ltd (-0.95/-3.26%), China Resources Power Holdings Co Ltd (-0.62/-3.14%), Belle International Holdings Ltd (-0.17/-2.33%).

Active trading on the Hang Seng Hong Kong Index includes Industrial and Commercial Bank of China Ltd, in strong trading, moved 334.32M shares to close up at HK$3.73 (+0.81%), Industrial and Commercial Bank of China, in heavy trading, moved 285.37M shares to close up at HK$5.04 (+0.80%), China Construction Bank Corp, in heavy trading moved 204.95M shares to close up at HK$5.76 (+1.05%), PetroChina Co Ltd in medium trading moved 110.85M shares to close up HK$6.48 (+0.47%).

Source: Bing Finance

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