Morning Report 25 Nov 2014: Dow closes flat in Thanksgiving countdown •Europe saw mixed results as stocks weighed the likelihood of ECB stimulus. •Wall St ended mixed with tech stocks outperforming ahead of the Thanksgiving holidays •Euro stoxx up by 17pts •US Overview: DJIA +0.04%, NASDAQ +0.89%, S&P 500 +0.29% •The Markit services “flash” index eased from 57.1 to 56.3 in November •German DAX up by 53pts •German IFO business sentiment index rose from 103.2 to 104.7 in November •BHP fell by 1.4% in London trade •Medibank private (MPL) to begin trading on ASX retail offer price $2.00. Institutional offer price of $2.15 •Australian $ at 0.8614 US Cents Source: https://youtube/watch?v=a1weSxJkKQA&list=PL468C060A35A7B82B Disclaimer: *Justin McMillan is an Authorized Representative of RI Advice Group Pty Limited (ABN 23 001 774 125), Australian Financial Services License 238429. This editorial does not consider your personal circumstances and is general advice only. You should not act on the information provided without first obtaining professional financial advice specific to your circumstances. The taxation information contained in this editorial is provided as a guide only and should not be relied upon. You should seek independent tax advice from a qualified tax adviser.
Posted on: Tue, 25 Nov 2014 00:12:06 +0000
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