US stocks improved on Friday as consumer confidence was reportedly high. The Home Depot Inc went up 3.08%, United Technologies Corp increased 2.3%. Small stocks paired off on the Nasdaq, which improved by 1.39% overall to 4,634.38. The Dow Jones Industrial improved 1.10% to 17,511.57. The S&P 500 increased 1.34% to 2,019.42. In observance of Martin Luther King day, US markets will remain closed today.
European markets picked up today as the European Central Bank have announced a plan to stabilize the euro and increase liquid assets. Banking stocks have led increases in stock prices. Societe Generale SA is up 2.29%, Commerzbank AG is up 1.27%, and Deutsche Bank AG is up 0.71%. The CAC 40 has risen 0.40% to 4,396.97, the DAX has increased 0.61% to 10,229.64, and the FTSE 100 has improved 0.43% to 6,578.71
Asian stocks were mixed today, with strong data from Japanese markets but weak Chinese and Hong Kong numbers. The weak data in question stems from a crackdown on illegal lending practices in China that had negative repercussion on stock values. Banking stocks fell, with Bank of Communications Co Ltd down 8.1%, Ping An Insurance Group Co of China Ltd down just over 8%, and the Bank of China Ltd down 5.9%. The Hang Seng declined 1.51% to 23,738.49 due to this increase in regulator vigilance. The Bank of Japan spent the day buying up debt to curb deflation, which limited growth, but strong US data increased Japanese exports. GS Yuasa Corp rose 7.25%, Tosoh Corp rose 5.16%, and Kikkoman Corp rose 4.40%, bringing the Nikkei 225 up 0.89% to 17,014.29.
January 19, 2015 – Indices News
US stocks improved on Friday as consumer confidence was reportedly high. The Home Depot Inc went up 3.08%, United Technologies Corp increased 2.3%. Small stocks paired off on the Nasdaq, which improved by 1.39% overall to 4,634.38. The Dow Jones Industrial improved 1.10% to 17,511.57. The S&P 500 increased 1.34% to 2,019.42. In observance of Martin Luther King day, US markets will remain closed today.
European markets picked up today as the European Central Bank have announced a plan to stabilize the euro and increase liquid assets. Banking stocks have led increases in stock prices. Societe Generale SA is up 2.29%, Commerzbank AG is up 1.27%, and Deutsche Bank AG is up 0.71%. The CAC 40 has risen 0.40% to 4,396.97, the DAX has increased 0.61% to 10,229.64, and the FTSE 100 has improved 0.43% to 6,578.71
Asian stocks were mixed today, with strong data from Japanese markets but weak Chinese and Hong Kong numbers. The weak data in question stems from a crackdown on illegal lending practices in China that had negative repercussion on stock values. Banking stocks fell, with Bank of Communications Co Ltd down 8.1%, Ping An Insurance Group Co of China Ltd down just over 8%, and the Bank of China Ltd down 5.9%. The Hang Seng declined 1.51% to 23,738.49 due to this increase in regulator vigilance. The Bank of Japan spent the day buying up debt to curb deflation, which limited growth, but strong US data increased Japanese exports. GS Yuasa Corp rose 7.25%, Tosoh Corp rose 5.16%, and Kikkoman Corp rose 4.40%, bringing the Nikkei 225 up 0.89% to 17,014.29.
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