January 9, 2015 – Indices News U.S markets climbed, regaining 70% of their previous losses. Markets were also spurred by dovish comments made by two Fed members. Narayana Kocherlakota warned of fragile inflation growth, arguing it could be hurt by an interest rate increase and Rosengren stated that the Fed does not face urgency to lift rates. The S&P 500 added 1.79% closing at 2,062.14 and the Dow Jones added 1.84% closing at 17,907.87. Microsoft climbed 2.94%, Nike climbed 2.31%, Chevron climbed 2.29% and JP Morgan Chase climbed 2.23%. Asian markets mostly climbed across the region. The Nikkei added 0.18% due to speculation that more stimulus will be added to the economy in the EU. A pause in oil declined also provided the market with a break. NTT DOCOMO added 5.38%, Nippon Telegraph & Telephone Corp added 2.63% and Isuzu Motors added 1.69%. The Hang Seng added 0.35% after Chinese CPI increase by 1.5% during the past year. China Unicom added 5.26%, Catahy Pacific Airlines added 2.91% and China Mobile added 1.55%. European markets are lower today due to a report that the ECB have made a plan to purchase new assets. Currently the CAC 40 is down 0.67% while Germany’s DAX is off 0.48% and London’s FTSE 100 is lower by 0.46%. The FTSE is down after a broker downgraded the housing sector. Housing shares are leading declines with Taylor Wimpey is down 4.89% and Barratt Developments is down 4.51%.
January 9, 2015 – Indices News
U.S markets climbed, regaining 70% of their previous losses. Markets were also spurred by dovish comments made by two Fed members. Narayana Kocherlakota warned of fragile inflation growth, arguing it could be hurt by an interest rate increase and Rosengren stated that the Fed does not face urgency to lift rates. The S&P 500 added 1.79% closing at 2,062.14 and the Dow Jones added 1.84% closing at 17,907.87. Microsoft climbed 2.94%, Nike climbed 2.31%, Chevron climbed 2.29% and JP Morgan Chase climbed 2.23%.
Asian markets mostly climbed across the region. The Nikkei added 0.18% due to speculation that more stimulus will be added to the economy in the EU. A pause in oil declined also provided the market with a break. NTT DOCOMO added 5.38%, Nippon Telegraph & Telephone Corp added 2.63% and Isuzu Motors added 1.69%. The Hang Seng added 0.35% after Chinese CPI increase by 1.5% during the past year. China Unicom added 5.26%, Catahy Pacific Airlines added 2.91% and China Mobile added 1.55%.
European markets are lower today due to a report that the ECB have made a plan to purchase new assets. Currently the CAC 40 is down 0.67% while Germany’s DAX is off 0.48% and London’s FTSE 100 is lower by 0.46%. The FTSE is down after a broker downgraded the housing sector. Housing shares are leading declines with Taylor Wimpey is down 4.89% and Barratt Developments is down 4.51%.
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