European markets finished mixed yesterday. The DAX remained closed for Christmas Eve and the CAC 40 & FTSE traded for half a day. The CAC 40 lost 0.45% after data showing that the number of people seeking employment rose to a record high. The FTSE 100 closed 0.18% higher led by Smith & Nephew up 7.71%. The company jumped on reports that a U.S company, Stryker, is starting a takeover bid. The markets are closed today and will not reopen until Monday.
U.S markets were mixed. The S&P 500 inched down 0.01% but the Dow Jones reached another record close, gaining 0.33% to 18,082.96. Initial Jobless Claims data beat expectations and showed only 280,000 people to sign up for unemployment. The market will remain closed today for Christmas but will open tomorrow as normal.
Asian markets were mixed. The Hang Seng remained closed. The Nikkei lost 0.25% as the Yen strengthened against the Dollar following comments from Kuroda. Kuroda, the governor of the bank of Japan, stated that lower oil prices should help the economy and showed confidence that the economy is making moderate progress. The Dollar fell toward ¥120. The Shanghai composite gained 3.36% after the government spoke of supporting machinery exports. Hong Kong will remain closed until Sunday.
December 25, 2014 – Indices News
European markets finished mixed yesterday. The DAX remained closed for Christmas Eve and the CAC 40 & FTSE traded for half a day. The CAC 40 lost 0.45% after data showing that the number of people seeking employment rose to a record high. The FTSE 100 closed 0.18% higher led by Smith & Nephew up 7.71%. The company jumped on reports that a U.S company, Stryker, is starting a takeover bid. The markets are closed today and will not reopen until Monday.
U.S markets were mixed. The S&P 500 inched down 0.01% but the Dow Jones reached another record close, gaining 0.33% to 18,082.96. Initial Jobless Claims data beat expectations and showed only 280,000 people to sign up for unemployment. The market will remain closed today for Christmas but will open tomorrow as normal.
Asian markets were mixed. The Hang Seng remained closed. The Nikkei lost 0.25% as the Yen strengthened against the Dollar following comments from Kuroda. Kuroda, the governor of the bank of Japan, stated that lower oil prices should help the economy and showed confidence that the economy is making moderate progress. The Dollar fell toward ¥120. The Shanghai composite gained 3.36% after the government spoke of supporting machinery exports. Hong Kong will remain closed until Sunday.
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