Daily Market Overview 02.08.2012

| Thursday, 2 August 2012 23:14
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Thursday U.S and European indices fell, as the European Central Bank announced its plan for tackling the continent’s debt crisis. The plan disappointed investors looking for more definitive measures to stimulate the region’s economy, while Mario Draghi’s comments failed to reassure investors on immediate efforts to strengthen the economy.
Investors expected that the ECB would have announced more concrete and immediate steps, considering the ECB president’s pledge last week to do “whatever it takes to save the euro”.

The DJ30 closed at 12,878.96, declining -92.10 points (-0.71%), SPX500 closed at 1,365.00, declining -10.32 points (-0.75%) and the NASDAQ closed at 2,625.52 declining -9.61 points (-0.36%) in today’s trading.

The CAC40 closed at 3,232.46, declining -89.10 points (-2.68%), FTSE100 closed at 5,662.3, declining -50.52 points (-0.88%) and DAX40 closed at 6,606.09, declining -148.37 points (-2.20%).

Facebook Inc. (FB) dropped as much as 4.7 percent to a new record low, the fifth straight day of declines after earnings showed slowing growth. Yesterday two senior executives said that they were leaving the company to pursue other opportunities. Up until now three high-profile managers have announced their departure since the IPO.

Stocks Execution Prices:

Name

     Sell

Buy

Closing Rate

Change %

Apple (AAPL)

605.66

606.95

607.79

0.16

Google (GOOG)

626.64

628.06

628.75

-0.62

Facebook (FB)

19.87

19.92

20.04

-4.02

Microsoft (MSFT)

29.06

29.13

29.19

-0.75

Amazon (AMZN)

230.60

231.21

230.81

-0.55

Yahoo (YHOO)

15.69

15.74

15.74

-1.53

Zynga (ZNGA)

2.70

2.73

2.70

-3.19

| Thursday, 2 August 2012 23:14
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this post has been viewed 13 times

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