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

  • Beltway Insider: Trump/Pence Build Legal Teams; Congressman Shot; Grenfell Towers; Navy Destroyer Collision

    AddThis Social Bookmark Button

    President Donald Trump has hired an additional legal counsel, and signally concern Vice President Michael Pence has also hired an attorney, to assist and guide them through the burgeoning Russia scandal and its subsequent legal challenges and proceedings.

     
  • The Governors Ball, The Official OSCAR After-Party, Holds Media Preview

    AddThis Social Bookmark Button

    The Governors Ball, the official after-party hosted by the Academy of Motion Pictures Arts and Sciences, previewed the upcoming celebration for select media who had the opportunity for a sneak peek into the most lavish party in tinsel town.

     
  • Queen Breaks Long Standing Fiancée Tradition Invites Meghan Markle To Join Family

    AddThis Social Bookmark Button

    Newly engaged Prince Harry and his American actress fiancée, Meghan Markle, spent the Christmas Holidays attending the traditional Christmas Service at The Queen's Sandringham estate along with other members of the royal family.

     
  • Beltway Insider: Obama/Singapore; Rio Games; ISIS Loses Ground/Belgium/London Attack; Election 2016; Teala Thompson

    AddThis Social Bookmark Button

    President Obama welcomed Singapore Prime Minister Lee Hsien Loong to the White House as the two celebrated the more than fifty years of cooperation between the two nations which began under the presidency of Lyndon B. Johnson.

     
  • Business News: Bentley Motors Announces Multi-Million Pound Site Expansion

    AddThis Social Bookmark Button

    (Crewe, December 2014) Today, Bentley has announced the latest phase in the biggest site development in the company's history. A further £40 million investment will expand its headquarters in Crewe, with a new research and development centre, creating over 300 jobs in the process. This move was welcomed by George Osborne, Chancellor of the Exchequer, who visited Bentley today.  

     
  • News: Which State Has the Biggest Drug Overdose Problem

    AddThis Social Bookmark Button

    According to Centers for Disease Control and Prevention (CDC), deaths caused by drug overdose have hit an all-time high in the United States, jumping 7% in just one year and killing over 40,000 Americans in 2014.

     
  • HL Wellness: Do You Need A Therapist -These 5 Signs Point to Yes

    AddThis Social Bookmark Button

    You lose a loved one, a job, a relationship, a pet or get into an accident, have an injury, gain weight, have a baby, return from war or experience something else that just rattles you to your core. You know something isn’t right, you feel a bit off, but continue living your life thinking you’ll get over it. We all have been there and often with time we do get over it, sort of.

     
  • Money News: Global Markets Tumble; Sensex Survives

    AddThis Social Bookmark Button

    The Dow Jones Industrial, fighting the Bear market, managed to rally steadily throughout the week, with only minor setbacks the DOW wasn’t able to pull itself out of the firmly held grasp of the bear market and closed down.

     
  • 44th Annual Big Bear Lake Oktoberfest Expands German Entertainment

    AddThis Social Bookmark Button

    Big Bear Lake, California, August 25, 2014 - The Big Bear Lake Oktoberfest celebrates 44 years of German style family fun and good times, weekends, September 13th - October 25th. Rated Southern California’s #1 Oktoberfest, this fall’s festival once again will expand the entertainment line-up to feature two bands from Germany and more free contests.

     
  • Rob The Mob Review – A Pure Adrenaline Rush

    AddThis Social Bookmark Button

    "Rob The Mob," from Millennium Entertainment, brings to the screen a previously untold story of two improbable heroes of the Gotti era mob wars in this fast moving, explosive, comical, unpredictable, true crime drama that shook Manhattan.

     
  • Celebrity Interview: Miranda Richardson Talks on Belle, Corsets, Costumes and Customs

    AddThis Social Bookmark Button

    Miranda Richardson, from the Fox Searchlight Films "Belle," recently sat down to talk about the period film that is grabbing the attention of audiences around the world with its fresh script and exquisite direction.

     
  • Beltway Insider: Trump Set Backs; Flynn Paid; Columbia; Israel; Assad; Mexico’s Penis Seat; Texting Killer

    AddThis Social Bookmark Button

    President Donald Trump continues to face scrutiny over the legitimacy of his presidency, a shadow one doubts will ever depart as each week new information on business relationships, connections, or appointed aides failures to disclose ties to the Kremlin is exposed.

     
  • The English Teacher Review – It Was the Best of Times; It Was the Worst of Times

    AddThis Social Bookmark Button

    The English Teacher,” the comedy/drama from Inferno Entertainment and Artina Films Production, brings to the screen a charming dark tale of love, romance, fleeting passions, and literature.

     
  • The Circle Review – The Story of Ernest Ostertag and Robi Rapp Highlight Hard Won Freedoms

    AddThis Social Bookmark Button

    "The Circle," the Swiss official selection for the 87th Academy Award, presents the story of Röbi Rapp and Ernst Ostertag, who after decades of living openly in the shadows, became the first same-sex couple to register for domestic partnership.

     
  • Lew Hendler, Scunci Co-Founder, Launches New Skin Care Venture

    AddThis Social Bookmark Button

    Lew Hendler, world renowned co-founder of the mega successful woman’s hair care company, scunci, recently launched Michael Todd true organics and with that single handedly changed the face of skin care.