US Markets Struggle; World Markets Fall Sharply

AddThis Social Bookmark Button

The Dow Jones Industrial struggled throughout the week, laboring as the market limped along throughout the first full week in August cooling the New York Stock Exchange as the DOW attempted to stay above the mid 16,000.

 

Surging Monday, the DOW fell rapidly throughout the remainder of the week, barely peaking above the 16,498.51 opening and still closed the week at 16,553.93 for a net gain of +185.66/+1.83%.

Big winners for the week include Mercadolibre Inc (+13.41/+14.51%) trading with a closing price of $105.85 per share, Air Methods Corp (+6.62/+12.45%) closing at $59.81 per share, HMS Holdings Corp at $20.74 per share up +2.18/11.75%, Tornier NV at $21.73 per share up +2.24/+11.49%.

Losers include Discovery Communications (-40.31/-48.39%), Hibbett Sports Inc (-5.29/-10.57%).

Active on the DOW include Zynga Inc moved 85.04M shares in heavy trading for a net loss of 1.37%, Sirius XM Holdings moved 67.869M shares in strong trading for a net gain of 2.23%, Apple Inc, in light trading moved 41.87M shares up +0.28% to $94.74 per share and Intel Corp also in light trading moved 35.49M shares for a -0.28% loss to $32.59 per share.

The NASDAQ had a bullish run throughout the week closing at 4370.90 up +35.93/+0.83% with very little fluctuation.

The S&P 500 ran alongside the DOW and NASDAQ, stayed strong and closed up at 1931.59 with a gain of +22.02/+1.15%.

World Markets

Nikkei 225

The Japanese Nikkei never recovered as the market continued in an uncontrollable tailspin, falling sharply throughout the week, never seeing light, the Nikkei closed at its lowest levels in recent weeks and closed the week at 14, 778.37 with a loss of -454.00/-2.98%.  

Big winners for the week include Denki Kagaku Kogy (+9.00/+2.61%), Yokohama Rubber C Ltd (+11.00/+1.25%), Teijin Ltd (+2.00/+0.79%).

Losers include Nisshin Steel Co. Ltd.( -123.00/-9.76%), Nikon (-148.50/-9.38%),  Taiyo Yuden (-96.00/-8.91%),  and Nippon Electric Glass., (-50.00/-8.80%).

Movers on the Nikkei Mizuho Financial Group in heavy trading at 187.89M shares at $193.70 per share for a net loss of -1.58%, Mitsubishi UFJ Financial in strong trading 77.74M shares, at $572.70 per share with a net loss of 3.28% and Unitika Ltd., at $44.00 per share in light trading at 54.54M shares and a net loss of -2.22%.

FTSE 100

London Markets briefly rallied beginning the week at 6714.38, which became a bright spot as the markets mirrored a global tumble and fell throughout the remainder of the week closing at 6567.36 a net loss of -30.01/-0.45%.

Big winners in the FTSE 100 include Hargreaves Lansdown PLC (+34.00/+3.24%), Fresnillo PLC (+31.50/+3.21%), Royal Mail PLC (12.50/+3.02%) and Royal Bank of Scotland (+8.20/2.43%).

Losers include Schroders PLC (-61.00/-2.68%), Smith Group PLC (-32.00/-2.50%), Tullow Oil PLC (-17.50/-2.41%) and BG Group PLC (-27.50/-2.33%).

Active on the FTSE 100 includes Vodafone Group PLC in heavy trading at 116.78M shares, down -2.07% at $191.90 per share, Lloyds Banking Group in traded 94.57M shares at $72.21 in strong trading with a net gain of 0.40% and Barclays PLC selling at$214.20 in light trading at 32.45M, for a net gain of 0.37%.

Hang Seng Index

The Hong Kong Markets began the week just shy of a 52 week range high at 24, 670.71 and by Tuesday trading had peaked and fell throughout the remainder of the week and the Heng Send Index finished the week closing at 24,331.41 with a net loss of -56.15/-0.23%.

Survivors of the Hang Seng Index bloodbath include CNOOC Ltd (+0.24/+1.72%), China Resources Power Holding Co Ltd (+035/+1.57%), China Petroleum & Chemical Corp (+0.09/+1.21%) and PetroChina Co Ltd (+0.12/+1.19%).

Active trading on the Heng Seng Hong Kong Index includes Bank of China at 262.49M shares, down slightly at 3.62 with a net loss of -0.82%, Industrial and Com trading 185.26M shares, down 5.14 with a net loss of -0.39% and China Construction Bank down 5.64 trading 210.20m shares with a loss of -0.69%.

Losers for the week include China Unicom Hong Kong Ltd down (-0.22/-1.72%), Belle International Holdings down (-0.20/-2.07%) and Henderson Land Development Co ltd (-1.40/-2.87).

 

 

 

Haute Tease

  • Celebrity Interview: Marc Webb Talks on The Only Living Boy in New York, Casting, Icons, and His Bucket List

    AddThis Social Bookmark Button

    The Only Living Boy in New York, an intimate relationship drama starring Jeff Bridges, Pierce Brosnan, Kate Beckinsale, Cynthia Nixon and Thomas Callum is about to premiere and the film's director Marc Webb has agreed to an interview.  

     
  • Su Gologone Hotel, Sardinia, Italy, Offers Half Term Getaway

    AddThis Social Bookmark Button

    Su Gologone, the hotel that embraces Sardinia’s most genuine traditions and culture, welcomes families during half term breaks with a selection of culturally infused activities both children and parents are bound to enjoy as they unplug from stressful city life.

     
  • Something Rotten Review – Raucous Surprises, a Roaring Good Time

    AddThis Social Bookmark Button

    Something Rotten!, Broadway’s newest musical, is so fun it's hard to say for sure who was having a better time at the St. James Theater the other night, the audience or the actors and musicians on stage.  

     
  • 50 Shades of Annabelle: Interview with Annabelle Gurwitch on her new book,

    AddThis Social Bookmark Button

    OMagazine once called actor and author Annabelle Gurwitch "slyly subversive," and she never ceases to live up to that description. One of America’s more clever and funny social critics, Gurwitch's witty insights on politics, art, and pop culture have made her an in-demand guest on The Today Show, The CBS Early Show, Showbiz Tonight, CNN In the Money, Fox and Friends, Real Time with Bill Maher, and National Public Radio. 

     
  • Oscar Week Events at The Academy

    AddThis Social Bookmark Button

    BEVERLY HILLS, CA — Leading up to The Oscars®, the Academy will present a slate of public events celebrating this year’s nominees.  This year’s activities in Los Angeles will include a live concert at UCLA’s Royce Hall highlighting the nominated musical scores and songs. 

     
  • Backcountry - Riveting, an Attention Grabbing Thriller

    AddThis Social Bookmark Button

    Backcountry, from IFC Midnight and Fella Films, presents the perfect outdoor, man verses the nature, horror film a combination of terror, sheer fright, paralyzing fear and gritty determined display of survival instinct and will power.

     
  • Neon Acquires U.S. Distribution Rights to Matt Spicer's INGRID GOES WEST

    AddThis Social Bookmark Button

    In a competitive bidding situation, Tom Quinn and Tim League's new distribution banner, Neon, have acquired the U.S. distribution rights to Sundance breakout, Ingrid Goes West, following the world premiere on Friday night.