This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

[video] The Deal: European Stocks Flat; Netherlands Loses 'AAA' Rating

LONDON (The Deal) -- The Netherlands became the latest European country to lose its triple-A rating after a downgrade Friday by credit ratings agency Standard & Poor's. But European markets remained relatively unmoved in early trading, and were equally unaffected by a decline in factory gate prices in France and weaker consumption figures from France and Germany.

In London, the market seemed to have shrugged off some of the weakness in construction industry stocks seen on Thursday, when the Bank of England signaled a reduction in government support for mortgage lending.
 
In general, Europe appeared to be waiting for Wall Street to give a bit of direction after the Thanksgiving holiday. London's FTSE 100 was up 0.21% at 6,668.69, Frankfurt's Dax was almost unchanged at 9,388.32, and in Paris,  the CAC 40 was hovering just above the 4300 mark at 4,302.03. 
 
There was a mixed picture in Asia overnight. In Australia, Sydney's ASX 200 fell 0.2%, in part on the government's decision to block a $3.1 billion offer for grain handler Graincorp from Archer Daniels Midland (ADM - Get Report).
 
In Japan, the Nikkei retreated from Thursday's six-month high to close down 0.41% at 15,661.87. But in Hong Kong the market was up nearly 0.4% at 23,881.29.
 

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
ADM $49.78 0.00%
AAPL $128.95 0.00%
FB $78.99 0.00%
GOOG $537.90 0.00%
TSLA $226.03 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs