Wk .3 Jan 2019 06:31
Far Eastern mrkts are lower across the region hit in the main by Apple's profit /sales warning. Tim Cook cited the slow down in China and said revs were likely to be c.9% ($5bn) lower in Q1 Apple stock closed at $146 (-$12).
Far Eastern suppliers were hit by the news, techs in S.K. & Taiwan fell leaving the TAIEX & Kospi off
c.0.65% & 0.55%. The Nikkei is closed, HK down 215 & SH unmoved.
Earlier the Dow had its usual volatile session. The Dow had ranged from a high 23413 to 22929 low ending the day up 18 at 23346. The 500, Nsdq & R2 all closed with small gains. Apple news came after the mrkt had closed and a poor opening is a certainty.
London stocks fell sharply at open the 100 off 100+ on China growth worries, weaker sterling but recovered throughout the session on a good couple of hours trading on Wall St. The 100 gained 6 to close at 6734 and the 250 put on 85 (17587). Mostly same'ol same'ol.....
The nos: Oil $54.23. Gold $1292.
Vix 23. £$ 1.255. £€1.104. $Y6.87
Coin $3848. FF -46. DF -400.
Morning all.
3848.