US Stock Markets performed Better then that of Asian and European





European stocks edged lower on Friday session, after China raised banks’ reserve requirement ratio and data showed an unexpected decline in the US consumer sentiment.

The FTSE 100 index gave up -21.81 points or -0.36% to close at 6,002.07. The DAX index added +0.59 points or +0.01% to close at 7,075.70, while the CAC 40 gained +8.45 points or +0.21% to close at 3,983.28.

The Stoxx Europe 600 index fell 0.1% to 283.77 on Friday session, but jumped 1% for the week.

The PSI 20 index slumped 1.3%, as shares of Banco Comercial Portugues moved down 2.4%. Spain’s benchmark index ended higher.

European technology stocks gained. ASML Holding NV advanced 6.4% in Amsterdam and Infineon Technologies AG moved up 1.6% in Frankfurt.
Central bank of China raised the reserve requirements for lenders on Friday for the fourth time in slightly more than two months.

Asian stock markets closed lower on Friday session, as unsatisfactory jobless-claims data from the US, and with Indian and Chinese shares retreating after inflation data triggered fears of an interest rate hike.

The Nikkei 225 index slipped -90.72 points or -0.86% to close at 10,499.04. The Straits Times index declined -9.91 points or -0.30% to close at 3,245.96, whereas the Hang Seng index added +44.25 points or +0.18% to close at 24,283.23.

Shanghai Composite dropped 1.3%, Australia’s S&P/ASX 200 added 0.1%, South Korea’s Kospi also rose 0.9%, while Taiwan’s Taiex closed little changed.

India’s Sensex, ahead in afternoon trading, was then yanked back by a wave of selling; it was down 1.8% late.

Tokyo Electron gained 3.2% and Ibiden rose 1.1% in Tokyo, Samsung Electronics added 1.2% in Seoul and Asustek Computer jumped 2.7% and Taiwan Semiconductor Manufacturing up 0.3%, in Taipei.

The Dow Jones index added +0.47% to 11,787.38. The NASDAQ index gained +0.73% to close at 2,755.30 its highest close since Nov. 6, 2007, while the S&P 500 index also up +0.74% its highest close since August 2008.

The Agriculture product rose at New York, with Corn added 0.97% to $648.75 per bushel and Wheat slipped 1.31% to $773.25 per bushel.
Consumer products price dropped, with Coffee decreased 0.09% to $234.40 a pound, Sugar dropped 0.97% to $30.59 a pound, while the Cotton prices added 0.73% to $142 a pound.

Crude oil price at New York Mercantile advanced 0.15% to $91.54 per barrel on the latest data.