Money News: DOW Jones Closes up Nearly 400 Points; World Markets Close Up, Strong

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The Dow Jones roared back with a solid showing, keeping the bear at bay, closing up nearly 400 points, along with the ten most watched markets that maintained a strong solid showing, closing up and calming investors.

The DOW opened Monday January 25, 2016, up at 16,012.87. The DOW remained constant with no real movement rally or decline until mid-afternoon when the DOW fell slowly and closed Monday at 15,885.22.

Opening Tuesday up, on the bounce, at 16,033.25 the boost was enough to jumpstart a rally and the DOW continued to rally closing Tuesday upa t 16,167.23.

 Stocks opened Wednesday down 96 points, at 16, 071.73 and continued to fall. By mid-morning the DOW declined to 15,994.79.

By mid-morning Wednesday the DOW surged on a rally to 16,200.00 which was immediately followed by a sharp decline, hitting the week low of 15,892.07, and the DOW closed Wednesday at 15,944.46.

Thursday the DOW opened up on the bounce to 16,055.33 gained ten points to 16,065.30 and immediately fell nearing the week low, at 15,910.80 before a rally took hold and by mid-afternoon Thursday, the DOW had gained 139 points and closed the day at 16,069.64.

The DOW opened Friday at 16,202.02, on the bounce and never looked back. A strong rally by mid-morning put the DOW in a solid position to close the week up. The rally continued throughout the afternoon.

The DOW’s strong rally on Friday continued right through the closing bell and also the week high of 16,466.30.

The DOW closed the trading week up with dramatic triple digit gains at 16,466.30 (+396.66/+2.47%). The DOW held a day range of 16,090.26-to-16,466.30.

Gainers include Coherent Inc (+14.73/+23.55%) with a closing price of $77.27 per share, Select Comfort Corp closing up at $21.06 per share for a gain of (+2.25/+11.96%), Micron Technology Inc closing up at $11.03 price per share (+1.15/+11.58%) and Align Technology Inc closing up at $66.14 per share for a gain of (+6.63/+11.58%).

Losers for the week include Ultragenyx Pharmaceutical Inc closing down at $56.15 per share for a loss of (-4.92/-8.06%), Inc closing down at $587.00 with a loss of (-48.35/-7.61%), Electronic Arts Inc (-5.25/-7.52%) with a closing price of $64.55, and Calumet Specilaity Products Partners LP closing down at $16.83 for a loss (-1.34/-7.37%).

Active for the week included Microsoft Corp in solid trading for the week moved 83.61M shares closing up at $55.09 per share with a gain of (+5.83%), Apple Inc, in strong trading moved 64.42M shares, to close up at $97.34 per share with a gain of (+5.32%), Facebook Inc in solid trading moved 62.74M shares closing up at $112.21 per share with a gain of (+2.84%), Cisco Systems Inc in medium trading moved 39.69M shares closing down at $23.79 per share with a gain of (+2.96%).

The NASDAQ closed up at 4,613.95 for a gain of (+107.28/+2.38%).

The S&P 500 also closed up at 1,940.24 for a gain of (+46.88/+2.48%).

World Markets

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

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

The highly traded Asian Markets across the board all experienced a major mauling. The Sensex of India, Hong Kong’s Hang Seng, Shanghai Composite and the highly traded Japanese Nikkei 225 all closed up.

Nikkei 225

The Japanese Nikkei 225, the stock market index for the Tokyo Stock Exchange, saw strong rallies and steep sharp declines, throughout the week until Friday’s strong rally closed the week out on a rally.

The Nikkei, essentially followed the DOW Jones Industrialthroughout the week.

Opening Monday at 17,071.99 the Nikkei performed with mild gains on Monday to close up at 17,110.91. Tuesday, the Nikkei opened down at 16,745.91, with no rally the Japanese Market by mid-afternoon registered the week low of 16,693.35 to close out the day.

Wednesday opened up gaining 82 points to open at 17,075.47 and continued to rally and by mid-morning had gained 117 point to 17,192.79 before the decline followed. The Nikkei closed the day out, with only a mild decline from the day’s high, at 17,163.92.

The Nikkei opened Thursday down at 16,960.14. A strong rally followed and by mid-morning the Nikkei gained 260 points, the rally/decline paatern plaugued the Nikkei and by mid-afternoon, the 165 points, followed by a rally and decline to close out the day down.

By mid-morning Friday the Nikkei hit 17,580.87 followed by an equal fall, inn 45minutes, from the week high to 16,986.06 which was followed by a dramatic rally and by 3:00pm the Nikkei closed the week out with dramatic triple digits gains.

The Nikkei closed the trading week up at 17, 518.30 with triple digit gains of (+476.85/+2.80%). 

Gainers for the week include Tokyu Fudosan Holdings Corp (+100.00/+14.68%), Tokyo Tatemono Co Ltd (+152.00/+13.45%), Yamato Holdings Co Ltd (+284.50/+12.19%), Sumitomo Realty & Development Co Ltd (354.50/+11.88%).

Losers for the week included Fanuc Corp (-2,305.00/-12.72%), Shinsei Bank Ltd (-23.00/-11.00%), Fugi Electric Co Ltd (-34.00/-7.61%), NEC Corp (-25.00/-7.33%)

Active on the Nikkei 225 include Mizuho Financial Group Inc moving, in 57 straight weeks of strong trading, moved 375.21M share to close down at ¥205.80 for a loss of (-1.67%), Mizuho UFJ Financial Group Inc, moving 241.21M shares to close down at ¥609.40 for a loss of (-2.81%), Toshiba Corp in medium trading moved 85.68M shares to close up at ¥199.00 for a gain of (+1.02%), Shinsei Bank Ltd in soft trading, moved 73.66M shares to close down of ¥186.00 for a loss of (-11.00%).

FTSE 100

The London Markets followed, nearly an identical pattern as both the DOW Jones Industrial and the Nikkei, with a slow start on Monday, a fallout, then a race toward a strong finish.

Opening down on Monday at 5,895.30, the market maintained a rally/decline pattern hroughout the day closing Monday with a minor 20point loss, at 5,877.00.

Tuesday the FTSE opened down at 5,774.95, a loss of 103 points and the week low. Followed by an immediate rally, by mid-afternoon the FTSE rallied to 5,878.75 and continued gaining closing the day at 5,911.46.

A small decline opened Wednesday’s market, at 5,886.76. The decline was followed by an immediate rally. By 8:30am the London Markets rallied to 5,920.93 and maintain the strong rally closing the day at 5,953.45.

Thursday opened up at 5,999.38 and after a tumultuous ride which saw sharp rallies and steep declines, Thursday ended the day at 5,931.78.

Friday, the FTSE opened up at 6,005.39 on the bounce and managed to sustain the gains throughout the day. A red-hot Friday ushered in a real rally and also the week high of 6,083.79.

The London Markets closed up at 6,083.79 with triple digit gains of (+152.01/+2.56%).

Gainers in the FTSE 100 include Inmarsat PLC (+54.00/+5.16%), Old Mutual PLC (+8.30/+5.14%), Tesco PLC (+7.20/+4.33, Hargreaves Lansdown PLC (+56.00/+4.28%).

Losers include Glencore PLC (-0.97/-1.07%), Antofagasta PLC (-3.80/-0.99%), BHP Billiton PLC (-3.20/-0.47%), and Rio Tinto PLC (-18.50/-1.11%).

Active on the FTSE 100 included Lloyd Banking Group PLC moving 175.57M shares in strong trading, closed up at €65.46 for a gain of (+2.17%), Vodafone Group PLC, in strong trading, moved 77.30M shares to close up at €77.30 per share for a gain of (+3.99%), Glencore PLC in strong trading moved 72.50M shares to close down at €89.48 for a loss of (-1.07%), Barclays PLC, in medium trading moved 57.84M shares to close up at €186.00 per share for a gain of  (+4.26%).

Hang Seng Index 

The Hang Seng Index opened the trading week up at 19,341.41, felt the highs and lows of the Asian markets and global reactionary hits, and experienced an impressive end week rally, a mirror of the World’s Markets that assisted the Hang Seng, as the bottom fell out throughout the week, to close up.

The Hang Seng opened Monday at 19,341.41 and maintained a solid steady rally to close the day with a single point loss, 19,340.14.    

Tuesday’s opening mirror the openings around the globe, with a steep decline at 19,068.84, a loss of 280 points. The Hang Seng never recovered from Tuesday’s decline and closed the day out at 18,860.80, after an additional 198 point loss.

Wednesday the market opened, 19,211.96, a gain of 251 points. The Hang Seng struggles throughout most of the day with small rallies and small declines and closed the day at 19,052.45.

Thursday market opened on the bounce 19,139.80. The gains where short lived and the pattern of rally/decline continued with the Hang Seng falling sharply to the week low of 18,542.15 by end of day Thursday.

Friday opened up at 19, 195.83 and, following the same global pattern, never looked back. The Hang Seng rally was substantial and drove the stock up to the week high where it closed at 16,683.11.

The Hang Seng rallied and closed out the week impressively up nearly 500 points for the second straight week.

The Hang Seng closed up at 19,683.11 with triple digit gains of (+487.28/+2.54%).

Gainers on the Hang Seng Index include CNOOC Ltd (0.69/+9.60%), Kunlun Energy Co Ltd (Hong Kong) (+0.44/+8.22%), China Resources Power Holdings Co Ltd (+0.78/+6.34%), Cheung Kong Property Holding Ltd (+2.40/+6.11%)

Losers for the week include China Resources Beer (Holdings) Co Ltd (-0.26/-2.06%)

Active trading on the Hang Seng Hong Kong Index includes Bank of China Ltd, in strong trading moved 442.70M shares to close up at HK$3.04 (+3.05%) China Construction Bank Corp, in strong trading, moved 343.39M shares to close up at HK$4.73 (+2.38%), Industrial and Commercial Bank of China, in strong trading, moved 301.54M shares to close up at HK$4.03 (+2.81%),  CNOOC Ltd, in strong trading moved 204.58M shares to close down HK$7.88 (+9.60%).

Source: Bing Finance

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