Investing

Stock Market Today – Micron (MU) Alcoa (AA) Sprint (S) and LSI Corp (LSI) Report

LSI MU Logos graphics

(Best Syndication News) Stock markets are lower again in Asia early Tuesday after a weak day in Europe and America on Monday (see stock chart below). Most of the concern came from Asia.

The Chinese government lowered their target for economic growth in 2012. Chinese Premier Wen Jiabao said China is expected to grow at a 7.5 percent rate, not the 8.0 percent rate which has been the target in recent years. The good news is that some economists see the new target as more sustainable.

The Shanghai (China) composite index is down 1.13 percent early Tuesday, while the Nikkei 225 (Japan) and the Hang Seng (Hong Kong) indexes are down 0.62 percent and 1.51 percent respectively.

Stock Market News – Sara Lee (SLE) Motorola (MSI) EMC (EMC) Southwest (LUV) and IBM Report

stock market today

(Best Syndication News) Stock markets in Asia are opening the week lower as higher oil prices continue to worry traders (see stock charts below). Investors took profits on Monday after a run-up on Friday.

The Shanghai (China) composite index is down nearly 1.2 percent while the Hang Seng (Hong Kong) and Nikkei 225 (Japan) slipped 0.80 percent and 0.66 percent respectively. The S&P TSX (Taiwan) is down 0.63 percent and the S&P ASX 200 (Australia) index is down 0.24 percent.

Brent crude oil topped $125 a barrel earlier in the week setting in motion a series of concerns. Higher prices could increase the production costs in China and affect the cost of goods in the United States.

Gold and Silver Prices higher as Crude Oil continues to Rally

Oil Price Chart

(Best Syndication News) Gold and silver prices continued to gain throughout the weekend after a down-day on Friday (see the futures tables below). Inflation concerns waned after Fed Chairman Ben Bernanke spoke to Congress earlier in the week.

If the Federal Reserve planned more quantitative easy, prices could have risen higher Friday. The dollar slipped as stock prices retreated during Friday’s session. There was hope in the eurozone after the German Parliament approved the Greek bailout package.

Gold and Oil Prices Slide after the session close – USDJPY and EURUSD lower

Light Sweet Crude Oil Graph

(Best Syndication News) Gold and oil prices are falling early Friday as the dollar added value (see the forex and futures charts below). Metal and energy prices were on a different track yesterday, pushing higher during Thursday’s session.

An apparent erroneous report that a Saudi Arabian oil pipeline was on fire sent crude oil prices higher until Saudi officials denied the story. Analysts still worry that oil could breach the $120 mark putting the economy in peril of a downturn. On Friday the focus will turn back to Iran and the tensions brewing between the Persian country and the Western World.

Stock Market Today – Procter Gamble (PG) Merck (MRK) Caterpillar (CAT) and Wal-Mart (WMT) Report

caterpillar and walmart logos

(Best Syndication News) Stock markets closed lower in Asia and are opening mixed in Europe early Friday (see stock market charts below). In the United States the indexes were higher throughout the day, with the DJIA closing up just 20 points shy of 13,000 again.

A sense of relief swept through the investor community this week after European leaders put the finishing touches on the Greek bailout package. Other positive economic news helped instill confidence in the equity markets.

Syndicate content
Share/Save/Bookmark

      

Post to Facebook

Important: The material on Best Syndication is for informational purposes only and is not meant to be advice. Authors may have or will receive monetary compensation from the company's product/s mentioned. You should always seek professional advice before making any legal, financial or medical decisions and this website cannot substitute or replace any trained professional consultation.
Use of this site means that you agree to our TERMS OF SERVICE

Advertise On This Site
Copyright © 2006-2015 By Best Syndication All Rights Reserved