He Ru Follow us: Make a7 your Homepage
      Free Daily Israel Report
      Archive: 1/1/2014

      News Brief

        1/1/2014, Tevet 29, 5774

      International Stock Market Pre-2014 Statistics

      National Business Review reports Stocks on Wall Street rose on the final trading day of 2013, capping the biggest annual rally in 18 years for blue chips.

      European markets ended at a five-year high while, in Asia, Japan's Nikkei Stock Average ended 2013 with a 57% annual gain, says NBR.

      By contrast, China's Shanghai Composite lost 6.7% on the year. Gold ended a 12-year bull run with the largest annual decline since 1981.

      On New Year’s Eve, adds NBR, the Dow Jones Industrial Average added 72.37 points, or 0.4%, to 16,576.66, closing at a record high for the 52nd time this year.

      The S&P 500 rose 7.29 points, or 0.4%, to 1848.36. The Nasdaq Composite Index gained 22.39 points, or 0.5%, to 4176.59.

      The Dow climbed 27% for its best annual performance since 1995 despite the prospects of reduced Federal Reserve stimulus and a partial federal government shutdown, notes NBR.