NYSE LIVE UPDATE

Monday 22 September 2014

DOLLAR SITS BACK - Ended On a Negative Note

US equity market concluded on a negative note with slight movement. Alibaba created a robust debut in National Association of Securities Dealers Automated Quotations, however it couldn't hold on to the market figures as its gains were offset by falling technology shares. For the week Dow rose 1.7%, the S&P rose 1.3% and therefore the National Association of Securities Dealers Automated Quotations rose to 0.3%. With no major information due on weekday, market is anticipated to trade vary with less volume.

Major currencies recovered some ground against the dollar on weekday when the dollar index racked up a tenth straight week of gains, its longest run since its free float in 1973.

Stock and currency markets were taking a breather when one in all the foremost volatile and event-filled weeks in additional than a year, however there's lots of information and policymaker comment unfold through on for investors to urge their teeth into.


PHILIP MORRIS INTL INC:

  

 
BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Alibaba Group Holdings ADS
92.99
36.75
TC Pipe Lines
65.29
10.57
Dresser- Rand Group
80.12
09.71
DRDGOLD ADS
03.13
07.19
Vina Concha y Toro ADS
41.50
05.60


BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
ITT Educational Services
04.88
36.17
North Atlantic Drilling
06.96
11.95
Kemet
04.16
11.68
CARBO Ceramics
84.72
09.77
58.com ADS
34.87
09.22


Recommendation Buy above $85.80
 

Target $88.20


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