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.
123jump.com Staff
03 Dec, 2007
New York City
Stocks in Japan fell on the first day of trading after corporate investment fell 1.2% in the third quarter. Nikkei 225 index closed down 0.3% or 51.7 to close at 15,628. November auto sales in Japan increased 3.9% to 296,854 units. Separately taxi fares in Tokyo and Kanagawa between 8% and 10% for the first time in ten years. European auto makers raised prices in Japan on stronger euro. Sky Perfect JSAT Group increased 6% and led the gainers in the Nikkei 225 index.
123jump.com Staff
22 Nov, 2001
New York City
Australian stocks closed in the negative today after losses in banks and miners as metal and oil prices sank from records and as the market failed to shake off this weeks losing streak triggered by losses on Wall Street. ASX 200 index was down 0.8% to close at 6,334.30. The Commonwealth Bank announced today that it is ready to lift interest rates on variable home loans again. BHP Billiton told Chinese steelmakers that it will not use the takeover of Rio Tinto to control prices.
123jump.com Staff
30 Nov, 2007
New York City
U.S. stocks edged higher after trading up and down during the session. Dow added 0.45%, S&P increases 0.8%, but Nasdaq declined 0.3%. U.S. and several banks are in negotiations to hold firm interest rates on variable rate mortgages next year. U.S. markets jumped after the commnets from the Fed chairman reassured investors that another interest rate cut may happen after the next meeting.
