Daily Market News: September 11, 2014
September 11, 2014 5:40 pmVideo
Latest News
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September 11, 2014 – Daily News
The US markets had a decent start earlier today, but reports of renewed unemployment have weighed down on US stocks. The S&P 500 is down 0.10% with the Nasdaq following at 0.14%, while the Dow Jones is currently down 0.24%.
The impending vote over Scottish cessation from the United Kingdoms has the British FTSE shaking. In addition, the low rate of the Euro’s inflation has continued to harm European markets, causing the DAX to slip 0.29% and the CAC 40 to be down 0.38% so far today.
Europe has decided that new sanctions will go into effect against Russian tomorrow, and the news has been devastating to Russian markets. With the ruble at new record lows, the MICEX fell 1.08% today, and the RTSI dropped 1.68%.
Reports of Japanese confidence in their market hiked up Japanese values today; a strong mix of industries, ranging from pharma to technology, saw gains greater than 2%. The Nikkei saw a rise of 0.76% before its close. Chinese investors look to have become unsure about their economy, resulting in an SSE 180 drop of 0.17% despite the government’s attempt to assuage fears and break down monopolies. With our projected to remain steady in price for some time, The Australian ASX 200 lost 0.51% in light of this unflattering prediction.
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