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07.11.2014 08:30

Global Stocks: U.S. stock indices continue to rise, Asian indices trading mixed

The DOW Jones and S&P 500 continued to rise in yesterday's volatile trading session hitting new record closing highs. The DOW Jones was up +0.40% closing at 17,554.47 points, the S&P500 +0.38% closing at 2,031.21 as the ECB was showing its will to further help the weakening European economy. Telecommunications and utilities were the weakest sectors while industrial shares were the strongest sector.

Hong Kong's Hang Seng lost -0.42% closing at 23,550.24, China's Shanghai Composite lost -0.28% closing at 2,419.15 whereas Japan's Nikkei was up 0.52% and rose to 16,880.48 after yesterday's decline mainly caused by investors taking profits after recent gains after BoJ's stimulus.

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