This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.bbc.co.uk/news/business-46699288
The article has changed 8 times. There is an RSS feed of changes available.
Version 6 | Version 7 |
---|---|
US markets mixed after turbulent week | |
(about 1 hour later) | |
US financial markets were mixed on Friday after a choppy trading session that bounced between gains and losses. | |
The Dow Jones index sank 0.3% and the S&P 500 fell about 0.1%, but the Nasdaq gained almost 0.1%. | |
The moves marked a relatively calm end to a wild week of trade, in which US indexes rallied sharply after plunging on Monday. | |
European markets built on those gains on Friday. The FTSE 100 share index closed up more than 2.2% at 6,733.97. | |
In Germany, the DAX gained about 1.7%, while France's CAC index also rose about 1.7%. | In Germany, the DAX gained about 1.7%, while France's CAC index also rose about 1.7%. |
Many markets have had a dismal year, as investor sentiment soured on fears of decelerating global growth, trade tensions and rising interest rates. | |
Japan's Nikkei suffered its first annual loss in seven years, while Germany's Dax index closed the year down about 18% - the biggest annual loss in a decade. | |
On Friday, Japan's Nikkei 225 ended 0.31% lower at 20,014.77, while Hong Kong's Hang Seng index closed flat, at 25,504.20. | On Friday, Japan's Nikkei 225 ended 0.31% lower at 20,014.77, while Hong Kong's Hang Seng index closed flat, at 25,504.20. |
In the US, Friday's declines were fairly widespread. However, they spared the consumer discretionary sector, which includes retailers such as Amazon. | |
Amazon shares jumped more than 1% on Friday, days after the e-commerce giant told investors it had a "record-breaking" holiday season. | |
Analysts cautioned that movements were exacerbated by the lower dealing levels seen during holiday trading. | |
US shares have been hit this week by weaker than expected home sales and consumer confidence data. | US shares have been hit this week by weaker than expected home sales and consumer confidence data. |
Concerns about US-China trade tensions also resurfaced, with reports saying US President Donald Trump is considering an executive order banning the use of Chinese technology. | Concerns about US-China trade tensions also resurfaced, with reports saying US President Donald Trump is considering an executive order banning the use of Chinese technology. |