- 123jump.com Staff
- 07 Dec, 2007
- New York City
Stocks in Japan closed higher after losing nearly 1.4% in the afternoon. Nikkei 225 increasesd 0.5% or 82.29 to close at 15,956.37 and Topix added 9.5 to 1,561.76. Of the Nikkei 225 index stocks 114 increased, 71 declined, and 10 were unchaged. Weak domestic demand pulled down the quarterly economic growth to 1.5% from 2.6%. Estimates for the exports in the quarter were revised lower.
- 123jump.com Staff
- 06 Dec, 2007
- New York City
The Bank of England lowered the rate by 0.5% and the European Central Bank lef the rates unchanged. Mining and banks rose after the rate decision. U.S. stocks advanced on optimism that rate may be lowered next week in the U.S. after the Bank of England lowered the rate by 0.5%. Dow added 1.3%, S&P 500 increased 1.5%, and Nasdaq advanced 1.6%. Deutsche Bank plans to raise dividend, after two-years.
- 123jump.com Staff
- 06 Dec, 2007
- New York City
U.S. stocks caautiously edged higher after November same-store sales reported a mixed picture. Wal-Mart reported same stores sales increased 1.5% bu that at Target fell by 1%. Nordstorm, Macys, and Saks reported strong sales. The Bank of England lowered rates by 0.5% and the European Central Bank left the rates unchaged.
- 123jump.com Staff
- 06 Dec, 2007
- New York City
Japan stocks gained afer overnight rally in the U.S. financial markets. Crude oil jumped across the region and closed above $90. Nikkei 225 rose 1.7% or 265.20 to close 15,874.08. Of the stocks in Nikkei 225 index, 182 advacned and 38 declined. Export and energy sectors led the gainers.
- 123jump.com Staff
- 05 Dec, 2007
- New York City
European markets rallied ahead of the rate decision from the European Central Bank. UK home prices fell for the third month in a row in November prompting speculation of rate cut tomorrow from the Bank of England. Energy stocks rallied in Europe as crude reached higher at the close of European markets. Crude oil declined at close in NY. Dollar advanced on the third quarter U.S. productivity report. Nokia, Porsche, Shell, and Infineon rallied.
- 123jump.com Staff
- 05 Dec, 2007
- New York City
U.S. stocks rallied after investors grew confident of a rate in the U.S. next week and economic reports suuported dollar advance. Nasdaq rallied as much as 2.1% and closed up 1.8% leading Dow and S&P, both rose 1.5%. Third quarter labor productivity was revised upwared to a 4-year high of annual gains of 6.3% from 4.9%. Intel, Microsoft, Dell, and Hewlett Packard gained. Dollar rose after the release of productivity report.
- 123jump.com Staff
- 05 Dec, 2007
- New York City
U.S. stocks gained after the expectations of rate cut intensified and several economic reports. Dow Jone Industrial Average jumped 1.5%, Nasdq increasd 2%, and S&P 500 edged 1.2%. AIG led the gainers in the Dow with a rise of 7% after it said that the sub-prime loan lossses are manageable. Of the 30 stocks in Dow, 27 increased and of the S&P 500 index, 385 rose.
- 123jump.com Staff
- 05 Dec, 2007
- New York City
ASX 200 Index fell by 0.4% to 6,508.10 after banks and resources stocks declined. BHP Billiton declined 0.9%, Rio Tinto lost 2.6%, and Newcrest slod 0.2%. Property management copmany Lend Lease said that they are exploring ways to takeover Mirvac Property.
- 123jump.com Staff
- 05 Dec, 2007
- New York City
Stocks in Japan fell at the opening and declined 0.7% before recovering to close up 0.8%. Nikkei 225 index closed up 128.69 to 15,608,88. Topix index closed up 0.7% to close at 1,526.63. Mizuho Financial group plans to inject 150 billion yen in Mizuho Securities after sub-prime investment losses.
- 123jump.com Staff
- 04 Dec, 2007
- New York City
U.S. markets declined across the region after the weakness in the banks persisted and industrial stocks retreated. Nokia increased margin forecast but lowered the average selling price for the handsets in 2008. ThyssenKrupp fell after reporting earnings and predicting lower sales growth next year. Airbus may purchase more components from Japan to develop market in the country.
- 123jump.com Staff
- 04 Dec, 2007
- New York City
U.S. stocks declined on the weakness in financial and energy sectors. JP Morgan comments led the financial stocks lower. Goldman Sachs, Lehman Brothers, and Bear Stearns fell after the JP Morgan said that the borkers may report more lossses from sub-prime loans. Energy stocks fell as well. ExxonMobil, ConocoPhillips, Tesoro, and Valero declined.
- 123jump.com Staff
- 04 Dec, 2007
- New York City
U.S. stocks opened weak after weakness in banking, housing, and consumer spending related stocks afffected indexes. Dow, Nasdaq, and S&P 500 declined nearly 0.5% at the opening. Major European market declined 1% across the region on weak banks at mid-day. Lower operating margin guidance from Nokia and weak earnings guidance from Merck affected sentiment at the opening. Dell plans to buyback $10 billion of stocks.
- 123jump.com Staff
- 04 Dec, 2007
- New York City
Tokyo stocks edged lower after the weakness in the overnight trading in the U.S. Nikkei 225 index declined 0.95% or 148.8 to 15,480 and broader Topix Index 16.66 to 1,515.50. Shipping companies fell after the comments from Baltic Exchange chief executive. Mitsui Engineering fell 4%, Nippon Yusen declined 4%, Mitsui O.S.K. lost 6%.
- 123jump.com Staff
- 03 Dec, 2007
- New York City
Weak manufacturing report held stocks back in the afternoon trading. U.S. market averages declined fractionally at close. European markets closed lower as well. Merger activity heated up in Europe after Vivendi and Activision agreed to combine their electronic games businesss. Vimple Communication said that it is exploring a rival takever worth $4 billion.
- 123jump.com Staff
- 03 Dec, 2007
- New York City
ASX 200 index close nearly unchanged 6,533.50. Publishing and Broadcasting shareholders came out ahead as on the first day of trading after the company split into media and gaming companies. Growth in company profits unexpectedly fell to A$46.52 billion in the three months to September. Australia trade October rose to a record level since 1971.