Asian stocks declined on negative Chinese data showing the weakest production result in six years. However, the Japanese Nikkei advanced as SoftBank continued raising on the hype generated from the Alibaba IPO later during the week.
In Europe trading was mix as a result of the rising geopolitical tensions over the Ukraine and the upcoming independence vote of Scotland. In the UK, Rolls-Royce Holdings PLC declined 1.27% as its “outperform” rating reaffirmed by RBS. BP PLC is down 0.81% and according to analysts is a leading options for a long term buy position as Oil continue declining. Rio Tinto PLC added 1.14%. In Germany, Deutsche Telecom AG advanced 0.87% after agreeing to collaborate with Netflix.
In the U.S. YAHOO(!) Inc continued climbing (+1.74%) on back of the upcoming IPO of Alibaba. Yahoo(!) owns 24% of Alibaba. Apple closed 0.24% higher and according to analysts is projected to continue in this direction after publishing a demand of over 4 million for each of their new iPhones. On the negative side, investors sew caterpillar stock loss additional 1.20% continuing the bearish trend of September.
September 15, 2014 – Stock Market News
Asian stocks declined on negative Chinese data showing the weakest production result in six years. However, the Japanese Nikkei advanced as SoftBank continued raising on the hype generated from the Alibaba IPO later during the week.
In Europe trading was mix as a result of the rising geopolitical tensions over the Ukraine and the upcoming independence vote of Scotland. In the UK, Rolls-Royce Holdings PLC declined 1.27% as its “outperform” rating reaffirmed by RBS. BP PLC is down 0.81% and according to analysts is a leading options for a long term buy position as Oil continue declining. Rio Tinto PLC added 1.14%. In Germany, Deutsche Telecom AG advanced 0.87% after agreeing to collaborate with Netflix.
In the U.S. YAHOO(!) Inc continued climbing (+1.74%) on back of the upcoming IPO of Alibaba. Yahoo(!) owns 24% of Alibaba. Apple closed 0.24% higher and according to analysts is projected to continue in this direction after publishing a demand of over 4 million for each of their new iPhones. On the negative side, investors sew caterpillar stock loss additional 1.20% continuing the bearish trend of September.
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