Friday, October 24, 2014

OVER NIGHT


Reuters reports that Japanese shares rallied  overnight, hitting a two-week high as the weaker yen boosted exporters.

The Nikkei shares average ended 1.0 percent higher, the best closing level since October 10.
That brought the index up 5.2 percent for the week. Ebola-related products jumped higher responding to news that a New York doctor tested positive for Ebola.

The doctor had work for an humanitarian project in Africa becoming the first person to test positive for the virus in America's largest city. Fujifil, maker of a drug that could be a cure for the disease, rose 2.5 percent while the yen rose of of two-week lows against the dollar as U.S. stock  futures declined over apparent fears about the New York physician and spread of the virus.

The broader Topix  climbed 0.8 percent to 1,242.32.

Meanwhile, in Europe the Ebola virus story seemed to gain traction as shares fell in early trading and the Dow futures were down.

Dow Futures 16,582.00 -31.00 -0.19%
Nasdaq Futures 3,989.75 -15.50 -0.39%
S&P Futures 1,939.75 -6.25 -0.32%
10 Year Yield 2.28% +0.05 --
Gold $1,231.30 +2.20 +0.18%
Oil $81.52 -0.57 -0.69%
OCT 24 3:49:16am ET

      

 
 
 
 
 

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