Daily Market Overview 13.07.2012
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The U.S. and global financial markets rose after China reported 7.6% GDP growth for the second quarter, giving investors positive news and easing the fear about the global economic health. European stock markets, influenced by Chinese data, rallied to a week-ending high, being lifted mainly by mining and telecommunications stocks. The Euro rebounded from its 2-year low against the U.S. dollar as investors’ risk sentiment improved.
The DJ30 closed at 12,777.09, gaining 203.82 points (+1.62%), the SPX500 closed at 1,356.78, gaining 22.02 points (+1.65%) and the NASDAQ closed at 2,584.97, gaining 39.67 points (+1.56%) in today’s trading.
The CAC40 closed at 3,180.81, gaining 45.63 points (+1.46%), the FTSE100 closed at 5,666.13, gaining 57.88 points (+1.03%) and the DAX40 closed at 6,557.10, gaining 137.75 points (+2.15%).
Microsoft (MSFT) has launched the “Bing Fund” which is an incubator program that could assist web or mobile startups. The fund is an opportunity for Microsoft to develop a working relationship with the new companies, and many could result in potential acquisition or merger candidates.
Stocks Execution Prices:
|
Name |
Sell |
Buy |
Closing Rate |
Change % |
|
Apple (AAPL) |
604.30 |
605.54 |
604.97 |
1.01 |
|
Google (GOOG) |
576.25 |
577.56 |
576.52 |
1.06 |
|
Facebook (FB) |
30.65 |
30.72 |
30.72 |
-0.29 |
|
Microsoft (MSFT) |
29.34 |
29.41 |
29.39 |
2.65 |
|
Amazon (AMZN) |
218.32 |
218.81 |
218.39 |
1.41 |
|
Yahoo (YHOO) |
15.73 |
15.78 |
15.74 |
0.32 |
|
Zynga (ZNGA) |
4.87 |
4.90 |
4.90 |
-2.39 |
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