Money News: DOW, Americas, European Markets Close Down; Nikkei Down; Hang Seng Up

AddThis Social Bookmark Button

The Dow Jones Industrial opened the first full week of trading ringing in the New Year with historic and stunning losses, a mauling reminiscent of the DOW’s third quarter as the bear market pummeled the majority of the World’s most watched markets.

The DOW opened Monday January 04, 2015, at 17,040.39. With Asian Markets already open the news from the Far East was enough to send skittish investors into confusion and closed on at 17,148.94. Tuesday the DOW closed up at 17,158.66 which was also the week high.

Stocks opened Wednesday at 16,943.87 falling nearly 200 points. Sinking quickly the DOW continued to fall, without even minor rallies investors continuing to react to a shaky news from Japan’s highly traded Nikkei, investors stopped the bleed and closed the day out with an additional 37 point loss ending at 16,906.51.   

The hemorrhage continued as Thursday stocks opened down an additional 23 points at 16,683.94. A flash burst rallied the market and unfortunately the reactionary news from markets around the world created a domino effect which the DOW could not sustain and continued falling throughout the day to close Thursday at 16,514.10.  

The DOW opened Friday with a Hail Mary rally. Falling quickly, by mid-day the DOW has fallen to 16,480.41 by day’s end the DOW closed down and at the week low of 16,346.45.

The DOW closed the trading week down with triple digit loss at 16,346.45 (-167.65/-1.02%). The DOW held a day range of 16,314.57-to-16,651.89.

Gainers include Qunar Cayman Islands Ltd (+3.67/+9.84%) with a closing price of $40.97 per share, Carrizo Oil & Gas Inc closing up at $23.69 per share for a gain of (+1.54/+6.95%), NantKwest closing up at $13.78 price per share (+0.82/+6.33%) and Viacom Inc closing up at $40.98 per share for a gain of (+2.09/+5.37%).

Losers for the week include Ambarella Inc closing down at $45.00 per share for a loss of (-5.34/-10.61%), Dynavax Technologies Corp closing down at $26.79 with a loss of (-2.91/-9.80%), Communications Sales & Leasing Inc (-1.69/-8.15%) with a closing price of $19.05 and MicroStrategy Inc (-12.88/-8.00%) with a closing price of $148.15.

Active for the week included Apple Inc in high trading for the week moved 70.80M shares closing up at $96.96 per share with a gain of (+0.53%), Microsoft Corp, in medium trading moved 48.75M shares, to close up at $52.33 per share with a gain of (+0.31%), Facebook Inc in light trading moved 35.40M shares, closing down at $97.33 per share for a loss of (-0.60%), Advanced Micro Devices Inc in soft trading moved 31.82M shares closing down at $2.14 per share with a loss of (-5.93%).

The NASDAQ closed down at 4,643.63 for a loss of (-45.80/-0.98%).

The S&P 500 also closed down at 1,922.03 for a loss of (-21.06/-1.08%).

World Markets

The Ten most watched global markets ended the short week split 70/30. All major New York Markets, the DOW Jones Industrial, S&P500 and the NASDAQ closed down.In the Americas Mexico’s IPC and Canada's S&P TSX Composite both closed down.

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

The highly traded Asian Markets ended the first full week of 2016 trading with the Sensex of India, Hong Kong’s Hang Seng and the Shanghai Composite closing up. The highly traded Japanese Nikkei 225 closed down losing 0.39 % of its value.

Nikkei 225

The Japanese Nikkei 225, began the New Year up, opening the week up and immediately experienced a major mauling as the Bear market greeted Asian investors on this first full week of the trading year.

Stocks opened Monday up and hit the week high of 18,931.93 by early morning. Unable to sustain, the Nikkei began an unprecedented fall that effected nearly every global market.  

By Tuesday’s opening the Nikkei fell 525 points to 18,374.50. This would repeat throughout the week as each day the Nikkei continued to fall. Skittish and concerned investors fueled the bleed.

The Nikkei 225 opened Friday at the week low of 17,543.65. A mild rally followed and the Nikkei closed the week down.

The Nikkei closed the trading week down at 17, 697.96 with double digit loss of (-69.38/-0.39%). 

Gainers for the week include IHI Corp (+11.00/+3.78%), Tokyo Electron Ltd (+252.00/+3.74%), Screen Holdings Co Ltd (+23.00/+2.86%), Nikon Corp (+45.00/+2.82%).

Losers include DeNA Co ltd (-92.00/-5.20%), Pioneer Corp (-14.00/-4.55%), Seven & I Holdings Co Ltd (-171.00/-3.22%) and Chubu Electric Power Co Inc (-48.50/-2.98%).

Active on the Nikkei 225 include Mizuho Financial Group Inc, in 54 straight weeks of strong trading, moving 167.99M shares to close down at ¥229.40 for a loss of (-0.69%), Kobe Steel in strong trading moved 82.84M to close down at ¥123.00 for a loss of (-1.60%), Mitsubishi UFJ Financial Group Inc in medium trading moved 77.05M shares to close down at ¥707.70 for a loss of (-0.79%), Toshiba Corp in strong trading, moved 44.94M shares for a loss of ¥235.00 for a loss of (-0.55%).

FTSE 100

London Markets, opened the first trading week of the New Year up, at 6,129.10, and immediately felt the tremors as the plummeting Nikkei swept over the European markets like a financial tsunami drowning out any potential of gains for the week.

 Short rallies and sharp declines had the London market in confusion. Closing Wednesday at 6,073.38, the market plummeted by Thursday morning opening at 5,894.88 the week low.

Thursday’s rally lasted the complete day and stocks opened on Friday at 5,995.55. By day’s end a mild rally and deep decline closed the FTSE down ending the first full trading week of the New Year down.

The London Markets closed down at 5,912.44 with double digit loss of (-41.64/-0.70%).

Gainers in the FTSE 100 include Tesco PLC (+7.70/+5.53%), BAE Systems PLC (+14.00/+2.77%), EasyJet PLC (+44.00/+2.64%), TUI AG (+31.00/+2.55%).

Losers include Sports Direct International PLC (-78.70/-15.37%), Royal Dutch Shell PLC (-86.50/-5.92%), Royal Dutch Shell PLC (-79.50/-5.47%), and Anglo American PLC (-11.45/-4.76%).

Active on the FTSE 100 included Lloyd Banking Group PLC moving 128.70M shares in strong trading, closed down at €68.87 for a loss of (-0.89%), Vodafone Group PLC, in strong trading, moved 90.44M shares to close up at €223.05 per share for a gain of (+2.22%), Glencore PLC in strong trading moved 70.28M shares to close down at €77.48 for a loss of (-1.56%), Barclays PLC, in medium trading moved 42.73M shares to close down at €200.15 per share for a loss of  (-2.63%).

Hang Seng Index 

The Hang Seng Index opened the trading week up at, 21,782.62, fell immediately to and managed to stop the freefall that effected the majority of the global markets which carried the Hang Seng to close the first full week of the New Year up.

The Hang Seng opened Monday at 21,782.62 and immediately fell slightly and remained on a steady slight decline throughout most of the day closing bell the day at 21,327.12.

A slight bounce on Tuesday brought the Hang Seng up 75 points on the bounce. The slow decline continued throughout Tuesday and the Hong Kong market closed at 21,188.72.

Wednesday stocks opened lower dropping 40 points to 21,142.63. The day repeated the earlier pattern and a slow decline continued. End of Trading Wednesday stocks closed at 20,980.81 down 62 points.

The Hang Sang opened Thursday down dropping to 20,772.60 by 9:15am, falling to 20,395.25 by mid-morning and falling another 200 points to 20,374.26 before a small rally brought the Hang Sang back to only to fall again and the Hang Seng closed Thursday out at 20,333.34 dropping nearly 450 points by the end of the day.

Friday opened slightly higher at 20,526.71 and after a slight rally followed by a slight decline, the Hang Seng closed the week surprisingly on the plus side at 20,453.71.

The Hang Seng closed up at 20,453.71 with triple digit gains of (+120.37/+0.59%).

Gainers on the Hang Seng Index include China Petroleum & Chemical Corp (Hong Kong) (+0.23/+5.56%), China Unicom (Hong Kong) Ltd (+0.30/+3.51%), China Shenhua Energy Co Ltd (+0.34/+3.04%), Hengan International Group Co Ltd (+1.85/+2.84%).

Losers for the week include Want Want China Holdings Ltd (-0.22/-4.00%), Sands China Ltd (-0.80/-3.39%), Sino Land Co Ltd (-0.32/-2.91%), Hang Lung Properties Ltd (-0.38/-2.29%).

Active trading on the Hang Seng Hong Kong Index includes Bank of China Ltd, in strong trading moved 537.97M shares to close even at HK$3.22(+/- 0.00%), China Construction Bank Corp, in strong trading, moved 290.83M shares to close up at HK$5.02 (+0.40%), Industrial and Commercial Bank of China, in strong trading, moved 252.65M shares to close up at HK$4.35 (+1.40%),  China Petroleum & Chemical Corp, in strong trading moved 134.92M shares to close up HK$5.56 (+5.56%).

Source: Bing Finance

Haute Tease

  • The Phoenician Scottsdale Review - A Phenomenal Family Vacation Destination

    AddThis Social Bookmark Button

    "Family-friendly" and "luxury resort" are often mutually exclusive, however, one Scottsdale luxury resort, The Phoenician, has managed to marry the two in spectacular form and remains a place families can stay, enjoy, play and parlay into memories that'll last a lifetime.

  • Pope Francis Calls Followers to 'Emulate Jesus'

    AddThis Social Bookmark Button

    Pope Francis, the charismatic leader of the Catholic Church, preached his first Christmas Mass message from St. Peter’s Basilica calling for followers around the world to “emulate Jesus” and remain steadfast against the power of darkness.

  • Op/Ed - Eugenics, Euthanasia, Infanticide, and Religion

    AddThis Social Bookmark Button

    New York's Catholic Democratic Governor Andrew Cuomo had the World Trade Center in lights to celebrate its recently enacted abortion-on-demand-until-the-day-of-birth law. This law was framed, and sold to legislators, as empowering women through guaranteeing "Reproductive Health."

  • World News: Pompeo Plans Impromptu Meet with Israel’s Unity Government Leaders (Q&A)

    AddThis Social Bookmark Button

    Secretary of State Mike Pompeo, in the middle of the coronavirus crisis and no foreign travel on his agenda, is scheduled to arrive in Israel on Wednesday for meetings with Prime Minister Benjamin Netanyahu and Defense Minister Benny Gantz.

  • Leftovers Review – Shocking Statistics, One of the Most Important Documentaries of 2017

    AddThis Social Bookmark Button

    Leftovers, from Uncorked Entertainment, presents a shocking and informative documentary detailing, from the wealthiest American neighborhoods to the poorest, the plague of senior hunger and how organizations are combating the astonishing wasteful practices in food production.

  • PA Newlywed Confesses to Craigslist Thrill Kill and 100 Others

    AddThis Social Bookmark Button

    Miranda Barbour, the Pennsylvania newlywed charged with murder, has made a shocking revelation in a jailhouse interview confessing to committing up to 100 other murders across several states.

  • Beltway Insider: Zimmerman Acquitted; Malala Address UN; House Paves Way to Cut Food Stamps; DHS Napolitano Resigns

    AddThis Social Bookmark Button

    President Obama in a statement addressed the nation and called for calm in the wake of the verdict vindicating George Zimmerman of murdering Trayvon Martin and asked Americans to reflect and honor Martin’s memory.  

  • Money News: DOW, North American Markets Up; London, France and Asian Market All Up; Germany Closes Down

    AddThis Social Bookmark Button

    The DOW Jones Industrial Average, managing to keep the bear market at bay, rode the bull for another week and closed the trading week up with double digit gains as the upswing carried over into North American Markets, London and Asian which all closed up.

  • Beltway Insider: President Obama Remains Focused on Jobs, Wages, Workers; GOP Rebuttal; Winter Olympics Security

    AddThis Social Bookmark Button

    President Obama spoke to the nation this week in his annual State of the Union address, capitalizing on his past successes he announced sweeping changes geared toward keeping the economy moving for stalled demographics.

  • Gift Guide: Great Gifts and Gets for Foodies

    AddThis Social Bookmark Button

    If you’re looking for gift ideas for a food and drink-centric friend, co-worker or loved one, you’re in luck as I’ve cooked up a tasty assortment of items that’ll make your holiday shopping a snap. This season offers a veritable cornucopia of clever, inventive and downright delectable products like these sure to satisfy the gift giver and receiver, alike.  

  • Dr. Michael Tick Explains When It Comes to Skincare Ingredients, Women & Men's Skin Are Not Created Equal

    AddThis Social Bookmark Button

    Besides having facial hair, there are structural differences between a man’s skin and a woman’s. Androgen (testosterone) stimulation causes an increase in skin thickness, which accounts for why a man’s skin is about 25% thicker than a woman’s.

  • The Predator Review - A Wild Sci-Fi Thrill Ride of Epic Proportions

    AddThis Social Bookmark Button

    The Predator, from Twentieth Century Fox and TSG Entertainment, brings to the screen a savant child, a unit of unfit veterans, a secret government agency, and an heroic battle as aliens arrive to harvest DNA from the most advanced warriors.

  • Beltway Insider: Trump, Allies Bomb Syria; Paul Ryan Retires; Gay Serial Killer; Ingraham Loses Another; Milos Forman

    AddThis Social Bookmark Button

    President Donald Trump, British Prime Minister Theresa May and French President Emmanuel Macron united against Syrian President Bashar al-Assad use of chemical weapons launched strategic airstrikes against the dictatorial leader's weapons strongholds in the capital of Damascus.

  • Tech News: 22 Big Tech Brands Ranked from First to Worst

    AddThis Social Bookmark Button

    When you hear the name of a popular tech brand, you’ll naturally have a gut reaction. Perhaps you love Sony’s game consoles, but can’t stand its headphones. Or maybe you buy Samsung exclusively, whether it’s a smartphone, tablet or refrigerator.  

  • The Wedding Guest Review - A Pulsating, International, Thriller

    AddThis Social Bookmark Button

    The Wedding Guest, from Sony Pictures Worldwide Acquisitions and IFA, brings to the screen a story of the clash of cultures, a daring midnight pre-wedding rescue gone bad, breaking century old traditions, and life on the run.