Daily Market Overview 24.8.2012
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Today U.S. stocks rose as Federal Reserve Chairman Ben S. Bernanke made a comment in a letter to the congressional panel, saying that in his opinion there is more scope for further support of the economy. Following his speech and speculations that FED would act in order to increase the economic growth, the U.S. stock indices followed the news and rose as well. European stocks on the other hand were affected by the U.S. data and declined earlier in the day. Though, profits were recovered later, after the European Central Bank (ECB) announced its consideration to set yield band targets under a new bond-buying program.
The DJ30 closed at 13,157.97, gaining 100.51 points (0.77%), SPX500 closed at 1,411.13, gaining 9.05 points (0.65%) and the NASDAQ closed at 2,778.05, gaining 16.03 points
(0.58%) in today’s trading.
The CAC40 closed at 3,433.21, gaining 0.65 points (0.02%), FTSE100 closed at 5,776.60, gaining 0 points (0.00%) and DAX40 closed at 6,971.07, gaining 21.50 points (0.31%).
Zynga Inc. (ZNGA). It was said that at least four managers left as the online game maker’s growth is slowing down during the last month. General Manager of “Mafia Wars 2” and “CityVille” as well as mobile’s version vice president and general manager resigned and went to other companies. Zynga has declined approximately 68% since the company’s December initial public offering.
Stocks Execution Prices:
|
Name |
Sell |
Buy |
Closing Rate |
Change % |
|
Apple (AAPL) |
664.77 |
666.22 |
663.35 |
0.11 |
|
Google (GOOG) |
679.04 |
679.30 |
678.63 |
0.27 |
|
Facebook (FB) |
19.34 |
19.39 |
19.41 |
-0.15 |
|
Microsoft (MSFT) |
30.50 |
30.57 |
30.61 |
1.17 |
|
Amazon (AMZN) |
245.34 |
245.89 |
245.74 |
1.88 |
|
Yahoo (YHOO) |
14.89 |
14.92 |
14.92 |
0.37 |
|
Zynga (ZNGA) |
3.22 |
3.25 |
3.27 |
0.62 |
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