Money News: DOW, NASDAQ, S&P Close Down; Asian, Europe Close Down; Canada Closes Up

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The Dow Jones Industrial closed the trading week down with a stunning loss as the bear market pummeled the three main U.S. and once again mauling nine of the ten most watched global markets with equal intensity.

The DOW opened Monday December 7, 2015 at 17,222.45 and began a lackluster day trade of small rallies followed by sharp declines.

Stocks on the DOW opened up following a healthy bounce by 9:30am the Dow had adjusted to 17,560.58. Continuing a steady Tuesday the DOW closed slightly down from the morning high.

Wednesday opened up with a bounce bringing the DOW to 17, 667.58. Stocks continued to rise on Wednesday closing the day near the week high of 17,749.09.

The DOW opened Thursday at the week high of 17,711.34 followed by an immediate decline which continued throughout the day and into Friday. The blood bath and free fall was uncontainable and the DOW plummeted 217 points by Thursday’s close.

Friday opened down with stocks falling 356 points from the Thursday opening. The DOW continued to fall Friday closing at the week low of 17,128.55.

The DOW closed the trading week down with triple digit loss at 17,128.55 (-367.29/-2.10%). The DOW held a day range of 17,124.31-to-17,496.58.

Gainers include The RMR Group Inc (+2.32/+16.07%) with a closing price of $16.76 per share, BlackBerry Ltd closing up at $8.61 per share for a gain of (+0.81/+10.38%), GoPro Inc (+1.55/+8.64%) with a closing price of $19.50 per share, and Advanced Accelerator Applications SA closing up at $31.96 per share for a gain of (+2.48/+8.41%).

Losers for the week include Discovery Communications Inc closing down at $25.97 per share for a loss of (-3.60/-12.17%), CIM Commercial Trust Corp closing down at $15.42 with a loss of (-1.70/-9.95%), Core-Mark Holdings Co Inc (-8.64/-9.54%) with a closing price of $81.96 and Werner Enterprises Inc (-2.02/-8.18%) with a closing price of $22.66.

Active for the week included Apple Inc in medium trading moved 96.45M shares closing down at $106.03 per share with a loss of (-2.71%), Microsoft Corp, in medium trading moved 84.68M shares, to close down at $54.13 per share with a loss of (-2.82%), VimpelCom Ltd in medium trading moved 61.93M shares, closing up at $8.31 per share for a gain of (+8.31%), Qualcomm Inc in soft trading moved 46.44M shares closing down at $47.43 per share with a loss of (-0.23%).

The NASDAQ closed down at 4,923.08 for a loss of (-79.47/-1.59%).

The S&P 500 also closed down at 2,005.55 for a loss of (-36.34/-1.78%).

World Markets

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

The Bear Market swept across nine of the ten most watched global markets. The Americas Markets split with Mexico’s IPC closing down and Canada's S&P TSX Composite closing up.

The three top ten watched Central European Markets also closed down.

The highly traded Asian Markets were mauled and all, except the Nikkei, closed down. Nikkei closed up.

Nikkei 225

The Japanese Nikkei 225 opened the trading week up (19,750.80) and immediately began a week of sharp rallies and deep declines, midweek showed possibility of a recovery on the highly traded Nikkei a until the market swing began to decline and the Nikkei closed the trading week down with a major loss.

The Nikkei opened Monday up which was followed immediately with a sharp decline. Tuesday’s opening saw a nearly a 1000 point drop at 18,858.13.

The Nikkei opened Wednesday up at 18,910.64 followed by steady trading and small rallies throughout the day. Thursday’s opening brought the Nikkei back to 19,424.15. The rally was short lived and by mind-afternoon the Nikkei declined closing the day at 19,353.56.

Friday opened down, minimally at 19,322.77 and fell significantly by 10:00am followed by an equally significant rally that included the week high of, 19,595.36 followed by deep decline that plummeted the Nikkei to the close the trading week down.  

The Nikkei closed the trading week down at 18, 986.80 with triple digit loss of (-366.76/-1.90%). 

Gainers for the week include JFE Holdings Inc (+43.00/+2.37%), Nippon Suisan Kaisha Ltd (+5.00/+1.08%), Takeda Pharmaceutical Co Ltd (+57.00/+0.96%), Tokuyama Corp (+2.00/+0.74%).

Losers include Minebea Co Ltd (-57.00/-5.04%), Sumco Corp (-49.00/-4.73%), Itochu Corp (-69.00/-4.61%) and NTN Corp (-24.00/-4.43%).

Active on the Nikkei include Mizuho Financial Group Inc, in 52 straight weeks of strong trading, moving 222.46M shares to close up at ¥243.40 for a loss of (- 2.56%), Mitsubishi UFJ Financial Group Inc in medium trading moved 88.97M shares to close down at ¥758.20 for a loss of (-2.34%), Kobe Steel Ltd  in light trading moved 68.30M to close up at ¥132.00 for a loss of (-3.65%), Unitika Ltd in medium trading, moved 67.48M shares for a gain/loss of ¥59.00 for a gain/loss of (+/-0.00%),

FTSE 100

London Markets, opened the week with a wild market swing that caused an early deep drop making a weeklong rally seem unlikely although the FTSE did managed to move steadily up the major decline on Monday made closing the week up impossible.

Stocks on the FTSE opened Monday at 5,983.80 followed by a roller coaster ride of sharp rallies and deep declines which closed the day out at 5,878.81 with 105point loss.

Opening Tuesday the FTSE by 8:00am saw a 66point bounce bringing the early start to 5,944.35. Stocks on the FTSE continued on steady rallies throughout the week.

Stocks on the FTSE opened up on Monday, December 7, 2015, slightly higher at the week high of 6,270.06, and continued, briefly, with minor gains.

A Thursday opening bounce brought the FTSE up to 6,145.50 and by 8:45 the London Markets hit the week high of 6,157.87. A small decline followed and continued throughout the day Thursday and into Friday continuing throughout the end of the trading week.  

The London Markets closed down at 6,052.42 with double digit loss of (-50.12/-0.82%).

Gainers in the FTSE 100 include Anglo American PLC (+15.10/+5.73%), Smith & Nephew PLC (+52.00/+4.64%), Carnival PLC (+94.00/+2.64%), BHP Billiton PLC (+17.20/+2.46%).

Losers include BG Group PLC (-37.80/-4.00%), BT Group PLC (-12.40/-2.63%), Associated British Foods PLC (-77.00/-2.26%), and Dixons Carphone PLC (-10.90/-2.23%).

Active on the FTSE 100 included Lloyd Banking Group PLC moving 334.82M shares in strong trading, closed down at €71.04 for a loss of (-0.41%), Glencore PLC, in strong trading, moved 112.57M shares to close even at €80.86 per share for a gain/loss of (+/-0.00%), Vodafone Group PLC in medium trading moved 77.56M shares to close up at €211.30 for a loss of (-1.61%), Barclays PLC, in light trading moved 54.98M shares to close down at €217.60 per share for a loss of (-0.53%).

Hang Seng Index 

The Hang Seng Index opened the trading week up at (22,336.32) and maintained Monday with minimal losses by Tuesday the Hang Seng bottomed out and the remainder of the week was a series of minor rally and steady declines to close the week out with triple digit losses.

The Hang Seng saw the week high early on Monday with the opening high of 22,336.32 where they hovered throughout Monday.

Opening sharply low on Tuesday, the Hang Seng lost nearly 200 points at the opening and continued on a freefall. By mid-morning Tuesday, the Hang Seng lost over 500 points.

Stocks opened Wednesday with a minor rally, which gained back close to 200 point suffered in the Tuesday mauling, followed by a sharp and steady decline. The Hang Seng remaind low throughout the week.

Stocks on the Hang Seng opened Friday low and continued to fall. Unable to initiate a rally the Hang Seng closed the trading week down with triple digit losses.

The Hang Seng closed down at 21,755.56 with a loss of (-116.50/-0.53%).

Gainers on the Hang Seng Index include Sino Land Co Ltd (Hong Kong) Ltd (+0.26/+2.29%), CK Hutchison Holdings Ltd (+1.80/+1.78%), Li & Fung Ltd (+0.06/+1.21%), BOC Hong Kong Holdings Ltd (+0.20/+0.85%).

Losers for the week include Tingyi (Cayman Islands Holding Corp (-0.46/-4.32%), Hengan International Group Co Ltd (-2.55/-3.39%), China Mengniu Dairy Co Ltd (-0.36/-2.74%), China Shenhua Energy Co. Ltd (-0.28/-2.39%).

Active trading on the Hang Seng Hong Kong Index includes Industrial and Commercial Bank of China, in heavy trading, moved 344.39M shares to close up at HK$4.68 (+0.21%), Bank of China Ltd, in heavy trading moved 315.50M shares to close down at HK$3.45 (-0.39%), China Construction Bank Corp, in heavy trading, moved 275.49M shares to close down at HK$5.29 (-0.38%), PetroChina Co Ltd, in medium trading moved 99.11M shares to close down HK$5.09 (-2.12%).

Source: Bing Finance

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