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The Weekly Market Analysis For December 3rd – December 7th
By Marubozu  •  December 10, 2012
Commentary
The markets in the United States ended the week on a mixed note, as a number of key economic reports hit the wire. The DJIA and S&P 500 both ended the week higher, the Nasdaq moved lower on Apple (Nasdaq:AAPL) weakness, and the Russell 2000 moved marginally lower as well. These indexes were primarily influenced by a drop in U.S. manufacturing and ADP employment earlier in the week, which was offset by bullish U.S. jobless claims and U.S. non-manufacturing data.Global markets fared somewhat better this week. Japan’s Nikkei 225 moved higher as traders bet that more quantitative easing would be put in place by a projected victory by the Liberal Democratic Party. European stocks were favorably influenced by the U.S. jobs data, but continue to see some downward pressure from the ECB’sreduced growth outlook for the region, which slipped back into ...
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By Marubozu
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