Daily Market Overview 10.8.2012
After the announcement of a worse-than-expected Chinese trade report, most of the U.S. stocks declined. Global shares closed with a loss for the first time in the last five days, confirming the concerns that there is a slowdown in economic growth globally. China’s export data for July stopped the stock market’s recent rally that was produced by the speech of ECB president Mario Draghi last week. Concerns about Europe’s debt crisis also grew as French industrial output stagnated in June, the latest sign that the euro area’s second-largest economy may be heading for its first recession in three years.
The DJ30 closed at 13,207.95, gaining 42.76 points (+0.32%), SPX500 closed at 1,405.87, gaining 3.07 points (+0.22%) and the NASDAQ closed at 2,722.96, gaining 3.35 points
(+0.12%) in today’s trading.
The CAC40 closed at 3,435.62, declining 21.09 points (-0.61%), FTSE100 closed at 5,847.11, declining 4.40 points (-0.08%) and DAX40 closed at 6,944.56, declining 20.43 points (-0.29%).
Facebook Inc (NASDAQ:FB), reached an agreement with the United States Federal Trade Commission (FTC) regarding its privacy violations. Based on the agreement, Facebook agreed to provide “clear and prominent notice” to users whenever information set as private in privacy settings is used. FTC Chairman Jon Leibowitz said that “Facebook is obligated to keep the promises about privacy that it makes to its hundreds of millions of users Facebook’s innovation does not have to come at the expense of consumer privacy. The FTC action will ensure it will not.”
Stocks Execution Prices:
|
Name |
Sell |
Buy |
Closing Rate |
Change % |
|
Apple (AAPL) |
620.76 |
622.07 |
621.70 |
+0.16 |
|
Google (GOOG) |
640.22 |
641.66 |
642.00 |
-0.05 |
|
Facebook (FB) |
21.68 |
21.73 |
21.81 |
+3.79 |
|
Microsoft (MSFT) |
30.29 |
30.36 |
30.42 |
-0.26 |
|
Amazon (AMZN) |
231.75 |
232.27 |
232.75 |
-0.56 |
|
Yahoo (YHOO) |
15.10 |
15.15 |
15.15 |
-5.37 |
|
Zynga (ZNGA) |
2.92 |
2.95 |
2.95 |
-1.99 |
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