• Global Stocks: Asian and U.S. Indices trading higher, only Nikkei trading lower

Market news

10 November 2014

Global Stocks: Asian and U.S. Indices trading higher, only Nikkei trading lower

The DOW Jones and S&P 500 continued to rise in Friday's trading session. The DOW Jones was up +0.11% closing at 17,573.47 points, the S&P500 +0.03% closing at 2,031.92 after solid but weaker-than-predicted U.S. nonfarm payrolls and a weaker unemployment rate showing a recovery of the world's leading economy.

Hong Kong's Hang Seng is up 0.65% at 23,703.72, China's Shanghai Composite gained 2.27% closing at 2,473.18. Regulators announced that the long-awaited pilot cross-border investment between the Shanghai and Hong Kong stock markets will launch on November 17. China's annual consumer inflation remained close to a five-year low of 1.6% in October, the producer price index declined to a lower-than-expected 2.2% in October.

Japan's Nikkei closed weaker with a loss of -0.59% at 16,780.53 points as the yen rebounded further from his new lows on profit-taking in the dollar following the U.S. payrolls data.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.