Most stock indices closed slightly higher due to the better-than-expected U.S. gross domestic product. The U.S. preliminary gross domestic product increased at an annual rate of 3.5% in the third quarter, beating expectations for a 3.1% gain, after a 4.6% rise in the second quarter.
The number of unemployed people in Germany declined by 22,000 in October, beating expectations for a 5,000 increase, after a 9,000 gain in September. September's figure was revised down from a 13,000 rise.
Germany's adjusted unemployment rate remained unchanged at 6.7% in October, in line with expectations.
Germany's preliminary consumer price index declined 0.3% in October, after a flat reading in September. Analysts had expected the consumer price index to remain unchanged.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,463.55 +9.68 +0.15%
DAX 9,114.84 +32.03 +0.35%
CAC 40 4,141.24 +30.60 +0.74%
U.S. stock futures declined, as data showing faster-than-estimated growth last quarter fueled speculation the economy is be strong enough for the Federal Reserve to raise interest rates sooner than estimated.
Global markets:
Nikkei 15,658.2 +104.29 +0.67%
Hang Seng 23,702.04 -117.83 -0.49%
Shanghai Composite 2,391.08 +18.05 +0.76%
FTSE 6,409.65 -44.22 -0.69%
CAC 4,090.61 -20.03 -0.49%
DAX 8,985.13 -97.68 -1.08%
Crude oil $81.47 (-0.91%)
Gold $1203.90 (-1.37%)
(company / ticker / price / change, % / volume)
American Express Co | AXP | 88.35 | +0.01% | 1.0K |
E. I. du Pont de Nemours and Co | DD | 67.02 | +0.33% | 0.1K |
Visa | V | 224.55 | +4.61% | 4.6K |
The Coca-Cola Co | KO | 40.96 | 0.00% | 14.8K |
Walt Disney Co | DIS | 89.53 | 0.00% | 3.0K |
International Business Machines Co... | IBM | 163.16 | -0.18% | 0.9K |
AT&T Inc | T | 34.30 | -0.29% | 14.2K |
Procter & Gamble Co | PG | 86.27 | -0.31% | 0.4K |
JPMorgan Chase and Co | JPM | 59.10 | -0.32% | 1.6K |
Wal-Mart Stores Inc | WMT | 76.12 | -0.35% | 0.6K |
Home Depot Inc | HD | 96.06 | -0.37% | 0.5K |
Pfizer Inc | PFE | 29.38 | -0.37% | 1.9K |
3M Co | MMM | 150.40 | -0.40% | 3.6K |
Verizon Communications Inc | VZ | 49.62 | -0.42% | 3.7K |
McDonald's Corp | MCD | 92.33 | -0.43% | 3.5K |
Travelers Companies Inc | TRV | 98.99 | -0.43% | 0.6K |
Johnson & Johnson | JNJ | 105.08 | -0.45% | 2.4K |
Microsoft Corp | MSFT | 46.41 | -0.45% | 7.3K |
Cisco Systems Inc | CSCO | 23.99 | -0.46% | 16.8K |
UnitedHealth Group Inc | UNH | 92.53 | -0.46% | 3.0K |
Boeing Co | BA | 122.50 | -0.47% | 6.1K |
Goldman Sachs | GS | 185.16 | -0.49% | 2.0K |
Caterpillar Inc | CAT | 99.69 | -0.50% | 0.6K |
Intel Corp | INTC | 33.75 | -0.50% | 14.5K |
General Electric Co | GE | 25.53 | -0.51% | 12.9K |
Exxon Mobil Corp | XOM | 94.01 | -0.61% | 10.0K |
Chevron Corp | CVX | 116.13 | -0.86% | 9.7K |
Upgrades:
Visa (V) upgraded from Mkt Perform to Outperform at FBR Capital, tarfet raised from $250 to $260
Downgrades:
Other:
Stock indices traded lower as corporate earnings and yesterday's Fed' interest rate decision weighed on markets.
The Fed has decided to end its bond-buying program as widely expected.
The Fed kept its interest unchanged and said that interest rates would remain unchanged for a "considerable time".
The number of unemployed people in Germany declined by 22,000 in October, beating expectations for a 5,000 increase, after a 9,000 gain in September. September's figure was revised down from a 13,000 rise.
Germany's adjusted unemployment rate remained unchanged at 6.7% in October, in line with expectations.
Current figures:
Name Price Change Change %
FTSE 100 6,393.25 -60.62 -0.94%
DAX 8,924.41 -158.40 -1.74%
CAC 40 4,065.14 -45.50 -1.11%
Most Asian stock indices closed higher after the yesterday's Fed' interest rate decision. The Fed has decided to end its bond-buying program as widely expected.
The Fed kept its interest unchanged and said that interest rates would remain unchanged for a "considerable time".
Investors also weighed some corporate earnings reports.
Samsung Electronics Co. shares rose 4.5% after reporting its fourth-quarter profit will increase.
Indexes on the close:
Nikkei 225 15,658.2 +104.29 +0.67%
Hang Seng 23,702.04 -117.83 -0.49%
Shanghai Composite 2,391.08 +18.05 +0.76%