{"id":64284,"date":"2014-11-26T07:27:57","date_gmt":"2014-11-26T12:27:57","guid":{"rendered":"http:\/\/countingpips.com\/?p=64284"},"modified":"2014-11-26T07:29:12","modified_gmt":"2014-11-26T12:29:12","slug":"stock-markets-report-26th-november","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/11\/stock-markets-report-26th-november\/","title":{"rendered":"Stock Markets Report 26th November"},"content":{"rendered":"
November 26, 2014<\/div>
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By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

US Stocks<\/span><\/h2>\n

Stocks on Wall Street cleared early gains and closed just above the flatline after the Department of Commerce released an upbeat third-quarter US GDP report, followed by a drop in the nation\u2019s consumer confidence for November.<\/p>\n

The Standard & Poor\u2019s 500 index closed 0.11% lower to 2,067.18, while the Dow Jones Industrial Average\u00a0slid 0.02% lower to 17,815.20 and Nasdaq technology index gained 0.07% to 4,758.25 at the time of writing.\u00a0<\/span><\/p>\n

A report released by the US Department of Commerce on Tuesday revealed that the world\u2019s largest economy expanded at an annualized rate of 3.9% in the third quarter, while analysts forecasted a decline of 3.3%.<\/p>\n

The US housing data showed that homes prices in the US remained unchanged in September, up slightly by 0.3% on a monthly basis. Housing prices in 20 cities climbed 4.9% on a yearly basis.<\/p>\n

The US Conference Board\u2019s index for November came in at 88.7, falling from the previous reading of 94.5 seen in the previous month.<\/p>

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Asian Stocks<\/span><\/h2>\n

Stocks in Asia were seen swinging in between losses and gains on Wednesday, as the market digested the upbeat the US GDP report for the third quarter.<\/p>\n

The Japanese Nikkei 225 index fell 0.30% lower to 17,354.71 points during the early trading hours, while Tokyo\u2019s Topix index declined 0.19% to 1,406.50 points.<\/p>\n

The yen strengthened against the US dollar, trading around 117.80 yen on Wednesday versus 118.40 yen on Tuesday.<\/p>\n

The weaker yen dragged exporters lower, with Honda Motor falling by almost 35, while Mazda Motor declined 1.7%, sharp fell 0.7% and Sony was down 1.2%.<\/p>\n

Property developers also booked losses, with Mitsubishi Estate losing 1.1%, Daiwa House Industry was down 2% and Sumitomo Realty & Development edged 1.8% lower.<\/p>\n

Hong Kong Hang Seng index slumped 0.12% lower to 23,815.04 points, while the Chinese mainland Shanghai Composite added 0.27% to 2,574.57 points.<\/p>\n

Some of the nation\u2019s stocks saw gains, with Huatai Securities shares rising by 10% and the nation\u2019s biggest insurer, China Life Insurance jumped 9.8%.<\/p>\n

The South Korean Kospi index fell 0.13% to 1,977.65 points, while the Australian S&P\/ASX 200 index gained 0.88% to 5,381.60 at the time of writing.<\/p>\n

Europe Stocks<\/span><\/h2>\n

Stocks in the European region opened higher on Wednesday before the UK\u2019s GDP report, which is forecasted to show a 0.7% growth in the third quarter.<\/p>\n

Europe\u2019s Euro Stoxx 50 climbed 0.36% to 3,237.48, while Britain\u2019s benchmark FTSE 100 added 0.37% to 6,755.82 at the time of writing. Germany\u2019s DAX 30 index was up 0.59% to 9,919.69 and the French CAC 40 edged 0.24% to 4,392.99.<\/p>\n

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The post Stock Markets Report 26th November<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog US Stocks Stocks on Wall Street cleared early gains and closed just above the flatline after the Department of Commerce released an upbeat third-quarter US GDP report, followed by a drop in the nation\u2019s consumer confidence for November. The Standard & Poor\u2019s 500 index closed 0.11% lower to 2,067.18, while […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-64284","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/64284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=64284"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/64284\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=64284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=64284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=64284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}