[R]4:00PM New York, 10:00PM Frankfurt, 8:00AM Sydney[/R]
[R]Global Markets Indexes[/R]
Dow Jones Industrial Average closed up 65.27 or 0.48% to a close of 13,232.47, S&P 500 edged higher 0.59% or 9.08 to 1,454.98, and Nasdaq Composite Index traded up 21.57 or 0.77% to a close of 2,596.57. In Toronto TSX Composite lost 19.18 or 0.14% to close at 13,367.93.
Of the 30 stocks in Dow Jones Industrial Average, 24 closed higher, 6 closed lower, and none were unchanged.
General Motors led the gainers in the index with a rise of 2.9% followed by increases in Pfizer of 2.4%, in AIG of 2.3%, in IBM of 2.2%, and in Alcoa of 1.9%. DuPont led the decliners in the index with a fall of 0.7% followed by losses in JP Morgan and Proctor & Gamble of 0.6%, and in Citigroup of 0.5%.
Of the stocks in S&P 500, 367 closed higher, 127 fell, and 6 were unchanged.
Three stocks fell more than 3% and twenty one stocks rose more than 3%.
H&R Block led the gainers in the index with a rise of 6% followed by increases in Hess Corp of 5.6%, in Freddie Mac and Fannie Mae of 5.5%, in Gamestop Corp of 4.9%, and in Synovus Financial of 4.8%. E*Trade led the decliners in the index with a fall of 4.5% followed by decreases in Countrywide of 3.4%, in Coach of 3.2%, and in Goldman Sachs of 2.9%.
In London FTSE 100 Index up by 22.30 or 0.36% to 6,300.10, in Paris CAC 40 Index increased 18.42 or 0.33% to close at 5,533.30, and in Frankfurt DAX index also increased 42.70 or 0.55% to close at 7,868.14. In Zurich trading SMI closed down 54.11 or 0.63% to 8,490.48.
In Tokyo Nikkei 225 Index declined 41.93 or 0.27% to close at 15,207.86, in Hong Kong Hang Seng index closed up 136.29 or 0.51% to 26,732.87, in Australia ASX 200 declined by 39.20 or 0.62% to close at 6,292.60.
In South Korea Kospi Index increased 21.65 or 1.18% to close at 1,861.47, Thailand closed down 3.72 or 0.45% to 813.90, and Indonesia edged lower 18.69 or 0.70% to 2,646.23. India closed lower by 181.71 or 0.94% to 19,079.64.
In Latin Markets Brazil led the gainers with a rise of 2.2% followed by increases in Mexico of 4.2%, and in Mexico of 0.9%. Colombia led the decliners with a loss of 2.6% followed by losses in Peru of 1.5%, in Chile and Argentina of 0.07%, and in Venezuela of 0.03%.
Bond Yields decreased on 10-year U.S. bonds to 4.14% and 30-year bonds declined to 4.56%.
[R]Commodities, Metals, and Currencies[/R]
Crude oil fell $0.93 to close at $89.70 per barrel for a front month contract, natural gas increased 10 cents to $7.13 per mBtu, and gasoline futures decreased 3.24 cents to close at 230.30 cents per gallon.
Gold edged higher $8.10 in New York trading to close at $807.40 per ounce, silver closed up 19 cents to $14.165 per ounce, and copper for front month delivery lost 0.45 cents to 288.45 per pound and in London futures fell $165.50 to $6,350.00.
Dollar edged lower against euro to $1.4404 and higher to 113.315 yen.
[R]10:00AM New York – U.S. stocks edged higher after the release of earnings from Goldman Sachs and Adobe and housing starts report. ECB pumped $500 billion of liquidity in euro zone.[/R]
Dow Jones Industrial Average rebounded at the opening 64.61 to 13,232.97, Nasdaq increased 13.04 to 2,587, and S&P 500 edged higher 7.92 to 1,453.82.
Market averages after thirty minutes of trading edged higher on better than expected earnings from Adobe, Goldman Sachs and weak housing start report. |