World Indices Slightly Corrected The Previous Jump
January 26, 2015 10:50 am
January 26, 2015 – Index News
US markets wound down the week on a sour note, on a lower than expected release of home sales information. Market volatility suffered an unexpected flop after an otherwise positive weak. Continued drops in oil prices pushed Chevron Corp down 1.9%, and Exxon Mobil Corp 2.13% lower. The Dow Jones Industrial Average slid 0.79% to 17,672.60, the S&P 500 decreased 0.55% to 2,051.82, while the Nasdaq improved slightly by 0.16% to 4,757.88.
European values improved friday on the European Central Bank’s plans for liquid stimulus despite the euro reaching its lowest value since the September of 2003. Safran SA rose 4.85%, followed by Pernod Ricard SA at 4.35% and Alcatel-Lucent at 4.18%. The CAC 40 improved by 1.935% to 4,640.69, and the DAX rose 2.05% to 10,649.58. Tullow Oil PLC plummeted with the price of crude, dropping 4.38% and weighing down the FTSE 100, which advanced 0.53% to 6,832.83.
While China’s stimulus plan has had a booming success, China still reported one of the smallest overall annual improvements, which has dealt a blow to investor confidence. Hong Kong stocks paired off, split between slowdown concerns and central bank stimulus. The Hang Seng slid a marginal amount overall, closing 0.06% down for a new balance of 24,836.05. Japanese stocks slid with deficit information, but losses were curbed by a surprise jump in exports. Automobile markets slumped, with Mitsubishi Motors Corp falling over 3%, Yamaha Corp down 2.6%, and Mazda Motor Corp down over 4%. The Nikkei 225 reversed 0.25% to 17,468.52.
January 26, 2015 – Index News
US markets wound down the week on a sour note, on a lower than expected release of home sales information. Market volatility suffered an unexpected flop after an otherwise positive weak. Continued drops in oil prices pushed Chevron Corp down 1.9%, and Exxon Mobil Corp 2.13% lower. The Dow Jones Industrial Average slid 0.79% to 17,672.60, the S&P 500 decreased 0.55% to 2,051.82, while the Nasdaq improved slightly by 0.16% to 4,757.88.
European values improved friday on the European Central Bank’s plans for liquid stimulus despite the euro reaching its lowest value since the September of 2003. Safran SA rose 4.85%, followed by Pernod Ricard SA at 4.35% and Alcatel-Lucent at 4.18%. The CAC 40 improved by 1.935% to 4,640.69, and the DAX rose 2.05% to 10,649.58. Tullow Oil PLC plummeted with the price of crude, dropping 4.38% and weighing down the FTSE 100, which advanced 0.53% to 6,832.83.
While China’s stimulus plan has had a booming success, China still reported one of the smallest overall annual improvements, which has dealt a blow to investor confidence. Hong Kong stocks paired off, split between slowdown concerns and central bank stimulus. The Hang Seng slid a marginal amount overall, closing 0.06% down for a new balance of 24,836.05. Japanese stocks slid with deficit information, but losses were curbed by a surprise jump in exports. Automobile markets slumped, with Mitsubishi Motors Corp falling over 3%, Yamaha Corp down 2.6%, and Mazda Motor Corp down over 4%. The Nikkei 225 reversed 0.25% to 17,468.52.
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