European and U.S. indices fell, after posting largest weekly gains in several months, as China’s imports unexpectedly dropped, and concern over Greece’s debt crisis overshadowed speculation central banks will take action to ignite the economy.
In the upcoming week markets are waiting for the German constitutional court ruling on whether Germany may contribute to the euro zone’s rescue fund. The ruling is crucial to the ECB’s plan to contain the borrowing costs of Spain and Italy. Furthermore on Thursday the Fed’s decision at the end of its two-day policy meeting will shed light on whether or not QE3 will become a reality.
The DJ30 closed at 13,254.29, declining 52.35 points (-0.39%), SPX500 closed at 1,429.08, gaining 8.84 points (-0.61%) and the NASDAQ closed at 2,788.35, declining 36.76 points
(-1.30%) in today’s trading.
(-1.30%) in today’s trading.
The CAC40 closed at 3,506.05, declining -13.00 points (-0.37%), FTSE100 closed at 5,793.20, declining -1.60 points (-0.30%) and DAX40 closed at 7,213.70, declining -0.80 points (-0.1%).
Apple Inc. (AAPL): According to rumors, new 13.3-inch MacBook Pros and updated version of all-in-one iMacs are currently being shipped by Apple’s upstream supply chain. The report suggested that the release of the new 13.3-inch MacBook Pro is scheduled to be introduced in September or October alongside three models of the new iMac. At the moment markets are awaiting the introduction of Apple’s new iPhone 5 on the 12 of September, which is expected to become the best-selling Iphone model, as “advance demand for the iPhone 5 is strikingly higher than seen for any previous iPhone”. Said Paul Carton, ChangeWave’s vice president of research. Today Apple Inc. (AAPL) closed at 662.74 declining -17.7 points (-2.60%).
Stocks Execution Prices:
Name | Sell | Buy | Closing Rate | Change % |
Apple (AAPL) | 666.21 | 667.83 | 662.74 | -2.60 |
Google (GOOG) | 700.23 | 701.83 | 700.77 | -0.76 |
Facebook (FB) | 18.71 | 18.76 | 18.81 | -0.90 |
Microsoft (MSFT) | 30.69 | 30.76 | 30.71 | -0.78 |
Amazon (AMZN) | 257.36 | 257.95 | 257.09 | -0.79 |
Yahoo (YHOO) | 15.14 | 15.19 | 15.11 | -0.72 |
Zynga (ZNGA) |
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