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3M Falls 3%

December 14, 2018, 08:48

Investing.com - 3M (NYSE:MMM) fell by 3.04% to trade at $195.98 by 15:47 (20:47 GMT) on Friday on the NYSE exchange.

The volume of 3M shares traded since the start of the session was 1.78M. 3M has traded in a range of $195.98 to $201.53 on the day.

The stock has traded at $204.3700 at its highest and $193.6400 at its lowest during the past seven days.

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Netflix Falls 3%

December 14, 2018, 08:38

Investing.com - Netflix (NASDAQ:NFLX) fell by 3.02% to trade at $267.67 by 15:37 (20:37 GMT) on Friday on the NASDAQ exchange.

The volume of Netflix shares traded since the start of the session was 8.00M. Netflix has traded in a range of $267.56 to $277.67 on the day.

The stock has traded at $284.2100 at its highest and $260.6100 at its lowest during the past seven days.

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Brazil stocks lower at close of trade; Bovespa down 0.44%

December 14, 2018, 08:35

Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Basic Materials, Financials and Industrials sectors led shares lower.

At the close in Sao Paulo, the Bovespa declined 0.44%.

The best performers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which rose 7.50% or 1.65 points to trade at 23.65 at the close. Meanwhile, Estacio Participacoes SA (SA:ESTC3) added 2.18% or 0.53 points to end at 24.85 and Cielo SA (SA:CIEL3) was up 1.94% or 0.18 points to 9.44 in late trade.

The worst performers of the session were Via Varejo SA (SA:VVAR3), which fell 7.45% or 0.35 points to trade at 4.35 at the close. Usinas Siderurgicas de Minas Gerais (SA:USIM5) declined 2.80% or 0.27 points to end at 9.38 and Centrais Eletricas Brasileiras SA (SA:ELET6) was down 2.50% or 0.73 points to 28.50.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 227 to 206 and 38 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.66% to 33.08.

Gold Futures for February delivery was down 0.46% or 5.80 to $1241.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.83% or 1.49 to hit $51.09 a barrel, while the March US coffee C contract fell 1.78% or 1.85 to trade at $102.25 .

USD/BRL was up 0.63% to 3.9159, while EUR/BRL rose 0.18% to 4.4275.

The US Dollar Index Futures was up 0.40% at 97.440.

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UnitedHealth Falls 3%

December 14, 2018, 08:34

Investing.com - UnitedHealth (NYSE:UNH) fell by 3.03% to trade at $263.91 by 15:33 (20:33 GMT) on Friday on the NYSE exchange.

The volume of UnitedHealth shares traded since the start of the session was 2.12M. UnitedHealth has traded in a range of $263.84 to $270.56 on the day.

The stock has traded at $276.9400 at its highest and $260.2300 at its lowest during the past seven days.

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Colombia stocks lower at close of trade; COLCAP down 0.91%

December 14, 2018, 08:15

Investing.com – Colombia stocks were lower after the close on Friday, as losses in the Industrials, Investment and Financials sectors led shares lower.

At the close in Colombia, the COLCAP fell 0.91% to hit a new 52-week low.

The best performers of the session on the COLCAP were Banco De Bogota SA (CN:BBO), which rose 1.71% or 960.0 points to trade at 57000.0 at the close. Meanwhile, Almacenes Exito SA (CN:IMI) added 0.16% or 20.0 points to end at 12220.0 and Grupo Nutresa SA (CN:NCH) was up 0.09% or 20.0 points to 23520.0 in late trade.

The worst performers of the session were Cementos Argos Pf (CN:CCB_p), which fell 7.80% or 460.0 points to trade at 5440.0 at the close. Avianca Holdings Pf (CN:AVT_p) declined 4.21% or 80.0 points to end at 1820.0 and Etb (CN:ETB) was down 2.51% or 7.0 points to 272.0.

Falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 20 to 4 and 3 ended unchanged.

Shares in Cementos Argos Pf (CN:CCB_p) fell to all time lows; down 7.80% or 460.0 to 5440.0. Shares in Avianca Holdings Pf (CN:AVT_p) fell to 52-week lows; losing 4.21% or 80.0 to 1820.0.

US coffee C for March delivery was down 1.78% or 1.85 to $102.25 . Elsewhere in commodities trading, US cocoa for delivery in March fell 0.84% or 19.00 to hit $2231.00 , while the February Gold Futures contract fell 0.43% or 5.40 to trade at $1242.00 a troy ounce.

USD/COP was up 0.56% to 3197.80, while BRL/COP fell 0.04% to 816.62.

The US Dollar Index Futures was up 0.38% at 97.428.

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Oil Ends Week Down Nearly 3% as China Fears Grip Market

December 14, 2018, 05:25

Investing.com - Yo-yo days are back in oil, with the market falling as much in a day as it rose previously, as global growth fears offset bullish energy fundamentals.

After Thursday's higher close of 2.8%, spurred by a surprise inventory drawdown at the delivery hub for U.S. crude, oil prices settled down almost that much on Friday as signs of slowing growth in China dampened hopes for demand.

China’s worse-than-expected retail sales saw their weakest growth in 15 years, while industrial output in the Asian giant rose the least amount in nearly three years, casting further doubt over demand from the world’s second-largest economy. The result was risk aversion across financial markets that put Wall Street's S&P 500 on track to a second weekly loss.

"Trade war and recession fears are becoming part of our daily market swings," Phil Flynn, senior market analyst at the Price Futures Group in Chicago said.

U.S. West Texas Intermediate crude settled down $1.38, or 2.6%, at $51.20 per barrel. It was down by a similar percentage on the week.

U.K. Brent, the global benchmark for crude, fell by $1.40, or 2.1%, to $60.05 by 2:48 PM ET (19:48 GMT)

Even a third-straight weekly drop in the U.S. oil rig count didn't provide much help to oil.

U.S. drillers cut four rigs this week, adding to last week's drop of 10 rigs, which were the most in more than two years, oil services firm Baker Hughes said in its closely-watched weekly data. Shale firms cut back on drilling activity after oil prices fell by a third over the past two months. Still, that didn't stop the United States from briefly turning into a net oil exporter for the first time in history earlier this month.

Contrary to market expectations, oil prices have barely recovered since the Saudi-dominated OPEC, and its allies led by Russia, pledged last week to reduce a total of 1.2 million barrels per day from global supplies over the next six months, defying U.S. President Donald Trump, who had demanded that producers keep their crude flowing at the lowest prices possible.

With just about two weeks to the end of 2018, WTI remains down about 15% on the year and some 32% lower from four-year highs of nearly $77 per barrel hit in early October. Brent is down about 10% on the year and nearly 32% lower from four-year highs of nearly $87 per barrel hit two months ago.

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Top Gainers - Alaska Air, Scana, Sealed Air Buck Selloff Trend

December 14, 2018, 07:43

Investing.com – Alaska Air, Scana and Sealed Air were pushing against the tide of selling pressure on Wall Street heading into the close.

Alaska Air Group's (NYSE:ALK) shares rose 2% after it reported a 1% increase in November traffic on a 1.2% rise in capacity from the same month a year earlier. Its load factor fell to 84.1%, down 0.1% from a year earlier.

Packaging and container company Sealed Air (NYSE:SEE) revealed a restructuring plan targeting annualized savings in the range of $215 million to $235 million by the end of 2021. Its share price rose more than 3%.

The restructuring plan, which aimed to drive profitability growth and earnings power, would cost between $190 million to $220 million, the company estimated.

Utility company Scana (NYSE:SCG) surged 6% as investors continued to bet the S.C. Public Service Commission will approve the roughly $15 billion sale of the company to Dominion Energy.

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Amazon.com Falls 3%

December 14, 2018, 07:40

Investing.com - Amazon.com (NASDAQ:AMZN) fell by 3.07% to trade at $1,607.41 by 14:39 (19:39 GMT) on Friday on the NASDAQ exchange.

The volume of Amazon.com shares traded since the start of the session was 3.83M. Amazon.com has traded in a range of $1,606.07 to $1,642.57 on the day.

The stock has traded at $1,718.9301 at its highest and $1,590.8700 at its lowest during the past seven days.

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Microsoft Falls 3%

December 14, 2018, 07:40

Investing.com - Microsoft (NASDAQ:MSFT) fell by 3.23% to trade at $105.91 by 14:39 (19:39 GMT) on Friday on the NASDAQ exchange.

The volume of Microsoft shares traded since the start of the session was 28.71M. Microsoft has traded in a range of $105.91 to $109.26 on the day.

The stock has traded at $111.2700 at its highest and $103.8900 at its lowest during the past seven days.

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Dollar Set for Weekly Gain on Strong Retail Sales

December 14, 2018, 07:01

Investing.com - The U.S. dollar was on track for weekly gain against its rivals Friday, as strong retail sales data affirmed the U.S. economy remains on a solid footing.

The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, rose by 0.43% to 97.78.

The Commerce Department said on Wednesday that retail sales rose 0.2% last month, topping economists’ forecast for a 0.1% rise. The retail sales control group -- which has a larger impact on U.S. GDP -- rose 0.9%, above expectations for a 0.4% gain.

The strong retail sales print suggested consumer spending remained robust, pointing to signs of solid economic growth for the final quarter.

"The strength of this number will surely force Q4 growth estimates higher. As for us, we went into this number looking for Q4 consumption of 3.2% and we will now take that to 3.5%. That takes Q4 GDP to 3.1% from 2.9%," RBC said in a note to clients.

The greenback was also supported by a slump in the pound to a 20-month low amid fears UK Prime Minister Theresa May's failure to win key concessions from the European Union to support her Brexit deal could stifle economic growth.

GBP/USD fell 0.44% to $1.2580, but remain above its session low $1.2530.

EUR/USD fell 0.50% to $1.1304 after Eurozone PMI data fell short of estimates.

USD/CAD, meanwhile, rose 0.17% to C$1.3377.

USD/JPY fell 0.28% to Y113.31 as demand for safe-haven yen improved following a rout on Wall Street amid concerns over slowing global growth.

-- Reuters contributed to this report.

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MarketPulse: Retailers See Red as Costco Crumbles on Earnings Miss

December 14, 2018, 06:14

Investing.com - Costco and Shopify fell sharply, keeping retailers on the back foot even as data showed U.S. consumers didn't hold back on spending last month.

Costco Wholesale (NASDAQ:COST) reported mixed results for its fiscal first quarter. Sales beat, but earnings fell short of expectations, which sent the retailer's shares spiralling more than 8%.

But RBC Capital Markets recommending buying the stock on pullback, citing "healthy" growth in store traffic.

Costco has been ramping up spending to compete against rivals like Amazon’s Whole Foods and Walmart’s Sam’s Club., pressuring gross margins, which fell about 50 basis points to 10.75% during the quarter.

“The company said fulfillment costs are also pressuring core gross margin, and we believe price investments continue to be a headwind,” Stifel said in a note.

E-commerce platform Shopify (NYSE:SHOP) tapped the equity market to raise cash to fund its growth strategies, offering 2.6 million Class A subordinate voting shares. Its shares fell more than 9%.

The duo's sharp losses offset data showing overall retail sales rose 0.2% in November, topping forecasts, according to the Commerce Department.

The SPDR S&P Retail ETF (NYSE:XRT) was down 0.44% on the day and is off about 18% in the last three months.

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Gold Falls Again as Dollar Hits 19-Month Highs on China Scare

December 14, 2018, 06:57

Investing.com - It had to be one safe-haven or the other and the dollar triumphed at the expense of gold on Friday as signs of slowing growth in China sparked risk aversion across the globe.

A contrarian trade to bullion, the dollar hit 19-month highs after Beijing's weakest retail sales performance in 15 years and smallest industrial output in almost three years cast doubts about demand in the No. 2 economy. Investors retreated from equity markets all over, putting Wall Street's S&P 500 on track to a second weekly loss.

Benchmark COMEX gold futures for February settled down $6, or 0.5% at $1,241.40 per troy ounce. For the week, it was down almost 1%, its largest weekly loss in five.

The Dollar Index, which measures the greenback against six major currencies, was up 0.4% at 97.46 by 1:45 PM ET (18:45 GMT) after racing earlier to a May 2017 high of 97.715.

"The Wall Street gold traders I keep in touch with indicated they are all out of the gold market at this time, after being long from the $1,232 spot level and cashing out for the most part around the $1,240 level, as the dollar was seen gaining momentum," said Walter Pehowich, executive vice-president at Dillon Gage Metals in Addison, Texas.

After a sluggish start to December, the dollar has picked up steam in recent days ahead of next week's Federal Reserve policy meeting, where investors widely expect the central bank to announce a fourth rate hike for the year.

Investing.com's Fed Rate Monitor Tool has priced in a 79.2% chance of the central announcing a 2.00%-2.25% hike at the conclusion of its Dec. 19 policy meeting.

If that does take place, many also believe the Fed will pause on further hikes in the new year until there's proof the economy is doing well enough to spur inflation. For now, dovish signals from various central bank speakers suggest the Fed isn't convinced that data at hand warrants further tightening.

"We think there is a possibility that the days of the dollar’s reign as King of FX could be numbered" after the December rate hike, said Fawad Razaqzada, technical analyst for forex and commodities at forex.com in London.

Such an outcome could be a boon for gold in the new year, especially with the fears abound over Brexit and a possible ouster of UK Prime Minister Theresa May due to the unpopularity of her divorce draft for U.K. from the European Union.

"One thing is for sure, we are closer to the time when gold either breaks up-and-out or down-and-splash. We’ll be watching!" Mike Hammer, author of "The Gold Enthusiast" blog said on Friday.

In the trade of other precious metals on COMEX on Friday, silver slipped by 1.3% to $14.83 per ounce.

Palladium retreated by 1.9% to $1,168.40 per ounce, while sister metal platinum slipped 1.1% to $788.60.

In base metals, COMEX copper fell 0.3% to $2.76 per pound.

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Portugal stocks lower at close of trade; PSI 20 down 0.41%

December 14, 2018, 05:45

Investing.com – Portugal stocks were lower after the close on Friday, as losses in the Consumer Goods, Industrials and Basic Materials sectors led shares lower.

At the close in Lisbon, the PSI 20 declined 0.41%.

The best performers of the session on the PSI 20 were Ibersol SGPS (LS:IBS), which rose 0.74% or 0.060 points to trade at 8.180 at the close. Meanwhile, Sonae Capital (LS:SONAC) added 0.67% or 0.0060 points to end at 0.8960 and CTT Correios de Portugal SA (LS:CTT) was up 0.50% or 0.0160 points to 3.1980 in late trade.

The worst performers of the session were Pharol SGPS SA (LS:PHRA), which fell 2.63% or 0.0050 points to trade at 0.1848 at the close. Semapa (LS:SEM) declined 2.10% or 0.2800 points to end at 13.0400 and Sonae SGPS SA (LS:YSO) was down 1.98% or 0.0165 points to 0.8160.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 15 to 14 and 5 ended unchanged.

Brent oil for February delivery was down 1.94% or 1.19 to $60.26 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.70% or 1.42 to hit $51.16 a barrel, while the February Gold Futures contract fell 0.28% or 3.45 to trade at $1243.95 a troy ounce.

EUR/USD was down 0.51% to 1.1303, while EUR/GBP rose 0.20% to 0.8991.

The US Dollar Index Futures was up 0.41% at 97.453.

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Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.17%

December 14, 2018, 05:35

Investing.com – Denmark stocks were higher after the close on Friday, as gains in the Healthcare, Financials and Consumer Services sectors led shares higher.

At the close in Copenhagen, the OMX Copenhagen 20 rose 0.17% to hit a new 1-month high.

The best performers of the session on the OMX Copenhagen 20 were Ambu A/S (CO:AMBUb), which rose 2.53% or 3.9 points to trade at 158.2 at the close. Meanwhile, Novo Nordisk A/S Class B (CO:NOVOb) added 1.66% or 5.0 points to end at 310.0 and Lundbeck A/S (CO:LUN) was up 1.02% or 2.9 points to 286.5 in late trade.

The worst performers of the session were Novozymes A/S B (CO:NZYMb), which fell 1.97% or 5.9 points to trade at 294.0 at the close. Pandora A/S (CO:PNDORA) declined 1.89% or 5.7 points to end at 295.7 and Oersted A/S (CO:ORSTED) was down 1.85% or 8.50 points to 450.10.

Falling stocks outnumbered advancing ones on the Copenhagen Stock Exchange by 80 to 39 and 19 ended unchanged.

Shares in Pandora A/S (CO:PNDORA) fell to 3-years lows; losing 1.89% or 5.7 to 295.7.

Crude oil for January delivery was down 2.70% or 1.42 to $51.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.99% or 1.22 to hit $60.23 a barrel, while the February Gold Futures contract fell 0.30% or 3.80 to trade at $1243.60 a troy ounce.

USD/DKK was up 0.52% to 6.6044, while EUR/DKK rose 0.02% to 7.4657.

The US Dollar Index Futures was up 0.41% at 97.453.

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Spain stocks lower at close of trade; IBEX 35 down 0.45%

December 14, 2018, 05:35

Investing.com – Spain stocks were lower after the close on Friday, as losses in the Consumer Goods, Telecoms&IT and Financial Services&Real Estate sectors led shares lower.

At the close in Madrid, the IBEX 35 lost 0.45%.

The best performers of the session on the IBEX 35 were Indra A (MC:IDR), which rose 1.74% or 0.150 points to trade at 8.765 at the close. Meanwhile, International Consolidated Airlines Group SA (MC:ICAG) added 1.50% or 0.102 points to end at 6.912 and Ferrovial (MC:FER) was up 0.92% or 0.165 points to 18.040 in late trade.

The worst performers of the session were Cie Automotive (MC:CIEA), which fell 2.51% or 0.540 points to trade at 20.940 at the close. Acciona (MC:ANA) declined 2.49% or 2.020 points to end at 79.000 and Viscofan (MC:VIS) was down 2.15% or 1.060 points to 48.320.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 119 to 60 and 13 ended unchanged.

Shares in Viscofan (MC:VIS) fell to 52-week lows; falling 2.15% or 1.060 to 48.320.

Gold Futures for February delivery was down 0.31% or 3.85 to $1243.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.66% or 1.40 to hit $51.18 a barrel, while the February Brent oil contract fell 1.97% or 1.21 to trade at $60.24 a barrel.

EUR/USD was down 0.49% to 1.1305, while EUR/GBP rose 0.21% to 0.8992.

The US Dollar Index Futures was up 0.41% at 97.450.

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France stocks lower at close of trade; CAC 40 down 0.88%

December 14, 2018, 05:35

Investing.com – France stocks were lower after the close on Friday, as losses in the Healthcare, Technology and Industrials sectors led shares lower.

At the close in Paris, the CAC 40 lost 0.88%, while the SBF 120 index declined 0.89%.

The best performers of the session on the CAC 40 were Engie SA (PA:ENGIE), which rose 1.02% or 0.13 points to trade at 12.90 at the close. Meanwhile, Publicis Groupe SA (PA:PUBP) added 0.64% or 0.32 points to end at 49.98 and Total SA (PA:TOTF) was up 0.33% or 0.16 points to 49.10 in late trade.

The worst performers of the session were Valeo SA (PA:VLOF), which fell 4.15% or 1.04 points to trade at 24.02 at the close. Dassault Systemes (PA:DAST) declined 4.11% or 4.50 points to end at 105.10 and Schneider Electric SE (PA:SCHN) was down 2.93% or 1.84 points to 61.00.

The top performers on the SBF 120 were Elior Group (PA:ELIOR) which rose 5.30% to 12.71, GTT (PA:GTT) which was up 3.77% to settle at 70.15 and Electricite de France SA (PA:EDF) which gained 2.01% to close at 14.24.

The worst performers were Plastic Omnium (PA:PLOF) which was down 7.04% to 19.16 in late trade, Eurofins Scientific (PA:EUFI) which lost 4.73% to settle at 330.00 and Elis Services SA (PA:ELIS) which was down 4.45% to 13.95 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 413 to 166 and 91 ended unchanged.

Shares in GTT (PA:GTT) rose to all time highs; gaining 3.77% or 2.55 to 70.15. Shares in Elis Services SA (PA:ELIS) fell to 52-week lows; falling 4.45% or 0.65 to 13.95.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 0.90% to 18.87.

Gold Futures for February delivery was down 0.30% or 3.80 to $1243.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.74% or 1.44 to hit $51.14 a barrel, while the February Brent oil contract fell 1.99% or 1.22 to trade at $60.23 a barrel.

EUR/USD was down 0.50% to 1.1304, while EUR/GBP rose 0.21% to 0.8992.

The US Dollar Index Futures was up 0.41% at 97.453.

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Netherlands stocks lower at close of trade; AEX down 0.34%

December 14, 2018, 05:35

Investing.com – Netherlands stocks were lower after the close on Friday, as losses in the Telecoms, Technology and Basic Materials sectors led shares lower.

At the close in Amsterdam, the AEX lost 0.34%.

The best performers of the session on the AEX were Koninklijke KPN NV (AS:KPN), which rose 2.34% or 0.060 points to trade at 2.624 at the close. Meanwhile, Koninklijke Ahold Delhaize NV (AS:AD) added 1.39% or 0.310 points to end at 22.685 and Koninklijke Vopak NV (AS:VOPA) was up 0.60% or 0.25 points to 41.72 in late trade.

The worst performers of the session were Galapagos NV (AS:GLPG), which fell 2.40% or 2.300 points to trade at 93.580 at the close. Aalberts Industries NV (AS:AALB) declined 2.33% or 0.69 points to end at 28.87 and Aegon NV (AS:AEGN) was down 1.56% or 0.068 points to 4.280.

Falling stocks outnumbered advancing ones on the Amsterdam Stock Exchange by 86 to 37 and 13 ended unchanged.

Shares in Aegon NV (AS:AEGN) fell to 52-week lows; falling 1.56% or 0.068 to 4.280.

The AEX Volatility, which measures the implied volatility of AEX options, was down 0.93% to 17.51.

Crude oil for January delivery was down 2.76% or 1.45 to $51.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.03% or 1.25 to hit $60.20 a barrel, while the February Gold Futures contract fell 0.30% or 3.80 to trade at $1243.60 a troy ounce.

EUR/USD was down 0.50% to 1.1304, while EUR/GBP rose 0.21% to 0.8992.

The US Dollar Index Futures was up 0.41% at 97.455.

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Italy stocks lower at close of trade; Investing.com Italy 40 down 0.68%

December 14, 2018, 05:35

Investing.com – Italy stocks were lower after the close on Friday, as losses in the Industrials, Travel&Leisure and Financials sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 lost 0.68%.

The best performers of the session on the Investing.com Italy 40 were Terna (MI:TRN), which rose 0.98% or 0.050 points to trade at 5.152 at the close. Meanwhile, Poste Italiane SpA (MI:PST) added 0.93% or 0.064 points to end at 6.930 and Mediobanca Banca di Credito Finanziario SpA (MI:MDBI) was up 0.90% or 0.068 points to 7.622 in late trade.

The worst performers of the session were Pirelli&C SPA (MI:PIRC), which fell 2.63% or 0.16 points to trade at 5.85 at the close. Tenaris (MI:TENR) declined 2.25% or 0.23 points to end at 10.00 and Ferrari NV (MI:RACE) was down 2.23% or 2.06 points to 90.34.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 240 to 116 and 23 ended unchanged.

Shares in Terna (MI:TRN) rose to 52-week highs; gaining 0.98% or 0.050 to 5.152. Shares in Pirelli&C SPA (MI:PIRC) fell to 5-year lows; falling 2.63% or 0.16 to 5.85. Shares in Tenaris (MI:TENR) fell to 52-week lows; falling 2.25% or 0.23 to 10.00.

Crude oil for January delivery was down 2.78% or 1.46 to $51.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.03% or 1.25 to hit $60.20 a barrel, while the February Gold Futures contract fell 0.30% or 3.80 to trade at $1243.60 a troy ounce.

EUR/USD was down 0.50% to 1.1304, while EUR/GBP rose 0.21% to 0.8992.

The US Dollar Index Futures was up 0.41% at 97.458.

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Finland stocks higher at close of trade; OMX Helsinki 25 up 0.10%

December 14, 2018, 05:30

Investing.com – Finland stocks were higher after the close on Friday, as gains in the Utilities, Financials and Oil&Gas sectors led shares higher.

At the close in Helsinki, the OMX Helsinki 25 added 0.10%.

The best performers of the session on the OMX Helsinki 25 were Fortum Oyj (HE:FORTUM), which rose 3.04% or 0.60 points to trade at 20.31 at the close. Meanwhile, Metsa Board Oyj B (HE:METSB) added 2.45% or 0.130 points to end at 5.430 and Telia Company AB (HE:TELIA1) was up 1.76% or 0.073 points to 4.226 in late trade.

The worst performers of the session were Cargotec Oyj (HE:CGCBV), which fell 8.31% or 2.58 points to trade at 28.48 at the close. Konecranes ABP (HE:KCRA) declined 3.91% or 1.11 points to end at 27.31 and Outotec Oyj (HE:OTE1V) was down 3.25% or 0.104 points to 3.097.

Falling stocks outnumbered advancing ones on the Helsinki Stock Exchange by 86 to 72 and 13 ended unchanged.

Shares in Cargotec Oyj (HE:CGCBV) fell to 52-week lows; falling 8.31% or 2.58 to 28.48.

Brent oil for February delivery was down 2.13% or 1.31 to $60.14 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.85% or 1.50 to hit $51.08 a barrel, while the February Gold Futures contract fell 0.32% or 4.00 to trade at $1243.40 a troy ounce.

EUR/USD was down 0.51% to 1.1303, while EUR/GBP rose 0.19% to 0.8990.

The US Dollar Index Futures was up 0.41% at 97.455.

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Belgium stocks lower at close of trade; BEL 20 down 0.50%

December 14, 2018, 05:20

Investing.com – Belgium stocks were lower after the close on Friday, as losses in the Technology, Telecoms and Industrials sectors led shares lower.

At the close in Brussels, the BEL 20 fell 0.50%.

The best performers of the session on the BEL 20 were Telenet Group Holding NV (BR:TNET), which rose 4.51% or 1.86 points to trade at 43.08 at the close. Meanwhile, Etablissementen Fr Colruyt NV (BR:COLR) added 2.10% or 1.28 points to end at 62.10 and Engie SA (PA:ENGIE) was up 1.02% or 0.13 points to 12.90 in late trade.

The worst performers of the session were Galapagos NV (AS:GLPG), which fell 2.40% or 2.300 points to trade at 93.580 at the close. Umicore SA (BR:UMI) declined 1.93% or 0.70 points to end at 35.57 and Anheuser Busch Inbev SA NV (BR:ABI) was down 1.49% or 0.94 points to 62.27.

Falling stocks outnumbered advancing ones on the Brussels Stock Exchange by 69 to 34 and 19 ended unchanged.

Shares in Etablissementen Fr Colruyt NV (BR:COLR) rose to all time highs; rising 2.10% or 1.28 to 62.10.

Gold Futures for February delivery was down 0.34% or 4.20 to $1243.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.66% or 1.40 to hit $51.18 a barrel, while the February Brent oil contract fell 1.92% or 1.18 to trade at $60.27 a barrel.

EUR/USD was down 0.51% to 1.1303, while EUR/GBP rose 0.17% to 0.8988.

The US Dollar Index Futures was up 0.41% at 97.450.

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U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.50%

December 14, 2018, 05:15

Investing.com – U.K. stocks were lower after the close on Friday, as losses in the Industrial Metals&Mining, Industrial Engineering and Oil Equipment Services&Distribution sectors led shares lower.

At the close in London, the Investing.com United Kingdom 100 fell 0.50%.

The best performers of the session on the Investing.com United Kingdom 100 were Hikma Pharmaceuticals PLC (LON:HIK), which rose 3.19% or 57.00 points to trade at 1843.50 at the close. Meanwhile, Paddy Power Betfair PLC (LON:PPB) added 2.80% or 180.00 points to end at 6605.00 and International Consolidated Airlines Group S.A. (LON:ICAG) was up 1.34% or 8.20 points to 618.60 in late trade.

The worst performers of the session were Capita PLC (LON:CPI), which fell 6.68% or 7.80 points to trade at 109.00 at the close. Dixons Carphone PLC (LON:DC) declined 5.55% or 8.05 points to end at 137.00 and Tesco PLC (LON:TSCO) was down 2.87% or 5.70 points to 192.90.

Falling stocks outnumbered advancing ones on the London Stock Exchange by 1349 to 650 and 332 ended unchanged.

Shares in Dixons Carphone PLC (LON:DC) fell to 5-year lows; falling 5.55% or 8.05 to 137.00. Shares in Tesco PLC (LON:TSCO) fell to 52-week lows; falling 2.87% or 5.70 to 192.90.

Gold Futures for February delivery was down 0.29% or 3.60 to $1243.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.70% or 1.42 to hit $51.16 a barrel, while the February Brent oil contract fell 1.97% or 1.21 to trade at $60.24 a barrel.

GBP/USD was down 0.51% to 1.2572, while EUR/GBP rose 0.19% to 0.8990.

The US Dollar Index Futures was up 0.43% at 97.470.

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Germany stocks lower at close of trade; DAX down 0.54%

December 14, 2018, 05:15

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Consumer&Cyclical, Technology and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.54%, while the MDAX index fell 0.89%, and the TecDAX index fell 1.08%.

The best performers of the session on the DAX were Fresenius SE&Co KGAA O.N. (DE:FREG), which rose 1.55% or 0.640 points to trade at 42.010 at the close. Meanwhile, Heidelbergcement AG O.N. (DE:HEIG) added 0.41% or 0.220 points to end at 54.400 and Allianz SE VNA O.N. (DE:ALVG) was up 0.36% or 0.64 points to 176.84 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 2.35% or 2.95 points to trade at 122.65 at the close. Adidas AG (DE:ADSGN) declined 2.25% or 4.50 points to end at 195.50 and Fresenius Medical Care KGAA ST (DE:FMEG) was down 2.12% or 1.300 points to 60.160.

The top performers on the MDAX were Scout24 AG (DE:G24n) which rose 13.57% to 41.000, Axel Springer SE (DE:SPRGn) which was up 2.89% to settle at 50.950 and Aroundtown Property Holdings PLC (DE:AT1) which gained 1.84% to close at 7.485.

The worst performers were Norma Group AG NA O.N. (DE:NOEJ) which was down 7.75% to 44.520 in late trade, GEA Group AG (DE:G1AG) which lost 6.86% to settle at 21.030 and Duerr AG (DE:DUEG) which was down 3.95% to 30.620 at the close.

The top performers on the TecDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 7.89% to 0.12, Shop Apotheke Europe NV (DE:SAEG) which was up 2.95% to settle at 38.400 and JOST Werke AG (DE:JSTG) which gained 2.67% to close at 26.9500.

The worst performers were Isra Vision O.N. (DE:ISRG) which was down 17.72% to 24.85 in late trade, Dr. Hoenle AG O.N. (DE:HNLG) which lost 12.75% to settle at 44.500 and Aixtron SE NA O.N. (DE:AIXGn) which was down 7.36% to 8.3340 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 463 to 245 and 72 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (DE:FMEG) fell to 3-years lows; falling 2.12% or 1.300 to 60.160. Shares in GEA Group AG (DE:G1AG) fell to 5-year lows; down 6.86% or 1.550 to 21.030. Shares in Isra Vision O.N. (DE:ISRG) fell to 5-year lows; down 17.72% or 5.35 to 24.85. Shares in Dr. Hoenle AG O.N. (DE:HNLG) fell to 52-week lows; falling 12.75% or 6.500 to 44.500.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.00% to 20.29.

Gold Futures for February delivery was down 0.29% or 3.60 to $1243.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.70% or 1.42 to hit $51.16 a barrel, while the February Brent oil contract fell 1.97% or 1.21 to trade at $60.24 a barrel.

EUR/USD was down 0.52% to 1.1302, while EUR/GBP rose 0.19% to 0.8990.

The US Dollar Index Futures was up 0.43% at 97.470.

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Poland stocks lower at close of trade; WIG30 down 0.27%

December 14, 2018, 05:10

Investing.com – Poland stocks were lower after the close on Friday, as losses in the Food, Media and Developers sectors led shares lower.

At the close in Warsaw, the WIG30 fell 0.27%.

The best performers of the session on the WIG30 were Kruk SA (WA:KRU), which rose 10.53% or 17.40 points to trade at 182.60 at the close. Meanwhile, Eurocash SA (WA:EUR) added 4.65% or 0.80 points to end at 18.00 and mBank SA (WA:MBK) was up 2.69% or 11.20 points to 427.60 in late trade.

The worst performers of the session were Bank Millennium SA (WA:MILP), which fell 4.60% or 0.44 points to trade at 9.12 at the close. LPP SA (WA:LPPP) declined 2.42% or 190.00 points to end at 7655.00 and CCC SA (WA:CCCP) was down 2.07% or 4.20 points to 198.60.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 249 to 222 and 177 ended unchanged.

Crude oil for January delivery was down 2.80% or 1.47 to $51.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.07% or 1.27 to hit $60.18 a barrel, while the February Gold Futures contract fell 0.30% or 3.80 to trade at $1243.60 a troy ounce.

EUR/PLN was down 0.14% to 4.2914, while USD/PLN rose 0.39% to 3.7973.

The US Dollar Index Futures was up 0.43% at 97.470.

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Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.48%

December 14, 2018, 05:05

Investing.com – Sweden stocks were lower after the close on Friday, as losses in the Consumer Goods, Technology and Industrials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 0.48%.

The best performers of the session on the OMX Stockholm 30 were Telia Company AB (ST:TELIA), which rose 1.54% or 0.66 points to trade at 43.38 at the close. Meanwhile, Nordea Bank Abp (ST:NDASE) added 0.83% or 0.65 points to end at 78.80 and H&M Hennes&Mauritz AB B (ST:HMb) was up 0.59% or 0.9 points to 156.1 in late trade.

The worst performers of the session were Autoliv Inc . SDB (ST:ALIVsdb), which fell 3.85% or 27.0 points to trade at 675.0 at the close. Hexagon AB ser. B (ST:HEXAb) declined 2.44% or 10.4 points to end at 415.4 and Securitas AB ser. B (ST:SECUb) was down 1.99% or 2.90 points to 142.80.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 378 to 245 and 63 ended unchanged.

Crude oil for January delivery was down 2.80% or 1.47 to $51.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.10% or 1.29 to hit $60.16 a barrel, while the February Gold Futures contract fell 0.33% or 4.10 to trade at $1243.30 a troy ounce.

EUR/SEK was down 0.36% to 10.2543, while USD/SEK rose 0.16% to 9.0732.

The US Dollar Index Futures was up 0.42% at 97.465.

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Norway stocks lower at close of trade; Oslo OBX down 0.90%

December 14, 2018, 05:05

Investing.com – Norway stocks were lower after the close on Friday, as losses in the Pharma Biotech&Life Sciences, Food, Beverages&Tobacco and Commercial Service And Supplies sectors led shares lower.

At the close in Oslo, the Oslo OBX lost 0.90%.

The best performers of the session on the Oslo OBX were REC Silicon ASA (OL:REC), which rose 2.66% or 0.02 points to trade at 0.64 at the close. Meanwhile, Telenor ASA (OL:TEL) added 1.58% or 2.6 points to end at 170.1 and Schibsted ASA A (OL:SBSTA) was up 0.98% or 2.9 points to 299.5 in late trade.

The worst performers of the session were Grieg Seafood (OL:GSFO), which fell 7.73% or 8.50 points to trade at 101.40 at the close. Petroleum Geo - Services ASA (OL:PGS) declined 5.25% or 0.76 points to end at 13.72 and SalMar ASA (OL:SALM) was down 3.91% or 18.20 points to 446.80.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 120 to 69 and 17 ended unchanged.

Shares in Petroleum Geo - Services ASA (OL:PGS) fell to 52-week lows; losing 5.25% or 0.76 to 13.72.

Crude oil for January delivery was down 2.80% or 1.47 to $51.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.10% or 1.29 to hit $60.16 a barrel, while the February Gold Futures contract fell 0.33% or 4.10 to trade at $1243.30 a troy ounce.

EUR/NOK was up 0.25% to 9.7462, while USD/NOK rose 0.78% to 8.6236.

The US Dollar Index Futures was up 0.42% at 97.465.

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Morocco stocks lower at close of trade; Moroccan All Shares down 0.83%

December 14, 2018, 05:05

Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Utilities, Forestry&Paper and Real Estate sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.83%.

The best performers of the session on the Moroccan All Shares were Stokvis Nord Afrique (CS:SNA), which rose 8.93% or 1.25 points to trade at 15.25 at the close. Meanwhile, Saham Assurance (CS:SAH) added 3.70% or 50 points to end at 1400 and Jet Contractors (CS:JET) was up 3.14% or 10.05 points to 330.05 in late trade.

The worst performers of the session were Residences Dar Saada SA (CS:RDS), which fell 8.90% or 9.09 points to trade at 93.01 at the close. Stroc Industrie (CS:STR) declined 8.65% or 2.30 points to end at 24.30 and Auto Hall (CS:AUTO) was down 6.88% or 5.50 points to 74.50.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 16 and 6 ended unchanged.

Crude oil for January delivery was down 2.83% or 1.49 to $51.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.13% or 1.31 to hit $60.14 a barrel, while the February Gold Futures contract fell 0.31% or 3.90 to trade at $1243.50 a troy ounce.

EUR/MAD was up 0.06% to 10.8570, while USD/MAD rose 0.66% to 9.6127.

The US Dollar Index Futures was up 0.42% at 97.465.

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Accenture Falls 3%

December 14, 2018, 04:54

Investing.com - Accenture (NYSE:ACN) fell by 3.05% to trade at $155.36 by 11:53 (16:53 GMT) on Friday on the NYSE exchange.

The volume of Accenture shares traded since the start of the session was 710.52K. Accenture has traded in a range of $155.31 to $158.64 on the day.

The stock has traded at $161.7400 at its highest and $154.4100 at its lowest during the past seven days.

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PepsiCo Falls 3%

December 14, 2018, 04:54

Investing.com - PepsiCo (NASDAQ:PEP) fell by 3.07% to trade at $114.72 by 11:53 (16:53 GMT) on Friday on the NASDAQ exchange.

The volume of PepsiCo shares traded since the start of the session was 2.21M. PepsiCo has traded in a range of $114.64 to $117.55 on the day.

The stock has traded at $118.8800 at its highest and $114.1000 at its lowest during the past seven days.

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EOS Falls 10% In Bearish Trade

December 14, 2018, 04:38

Investing.com - EOS was trading at $1.7860 by 11:38 (16:38 GMT) on the Investing.com Index on Friday, down 10.48% on the day. It was the largest one-day percentage loss since December 6.

The move downwards pushed EOS's market cap down to $1.6418B, or 1.60% of the total cryptocurrency market cap. At its highest, EOS's market cap was $17.5290B.

EOS had traded in a range of $1.7808 to $1.8981 in the previous twenty-four hours.

Over the past seven days, EOS has seen a rise in value, as it gained 7.63%. The volume of EOS traded in the twenty-four hours to time of writing was $608.1287M or 5.06% of the total volume of all cryptocurrencies. It has traded in a range of $1.6393 to $2.1268 in the past 7 days.

At its current price, EOS is still down 92.23% from its all-time high of $22.98 set on April 29.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,228.9 on the Investing.com Index, down 6.07% on the day.

XRP was trading at $0.28675 on the Investing.com Index, a loss of 6.53%.

Bitcoin's market cap was last at $56.5710B or 55.06% of the total cryptocurrency market cap, while XRP's market cap totaled $11.8354B or 11.52% of the total cryptocurrency market value.

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Russia stocks lower at close of trade; MOEX Russia down 0.54%

December 14, 2018, 04:35

Investing.com – Russia stocks were lower after the close on Friday, as losses in the Power, Mining and Oil&Gas sectors led shares lower.

At the close in Moscow, the MOEX Russia lost 0.54%.

The best performers of the session on the MOEX Russia were NPK OVK PAO (MCX:UWGN), which rose 3.47% or 12.6 points to trade at 375.6 at the close. Meanwhile, Safmar Finansovye Investitsii PAO (MCX:SFIN) added 2.03% or 11.8 points to end at 592.8 and MegaFon OAO (MCX:MFON) was up 1.59% or 9.80 points to 626.80 in late trade.

The worst performers of the session were Sberbank Rossii PAO (MCX:SBER), which fell 2.24% or 4.24 points to trade at 184.93 at the close. NK RussNeft PAO (MCX:RNFT) declined 2.22% or 11.6 points to end at 512.0 and RusHydro JSC (MCX:HYDR) was down 1.76% or 0.0088 points to 0.4910.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 145 to 78 and 10 ended unchanged.

Shares in RusHydro JSC (MCX:HYDR) fell to 3-years lows; losing 1.76% or 0.0088 to 0.4910.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 3.36% to 26.790.

Gold Futures for February delivery was down 0.35% or 4.40 to $1243.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.45% or 1.29 to hit $51.29 a barrel, while the February Brent oil contract fell 1.92% or 1.18 to trade at $60.27 a barrel.

USD/RUB was up 0.77% to 66.7418, while EUR/RUB rose 0.17% to 75.3669.

The US Dollar Index Futures was up 0.48% at 97.523.

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