World Markets Update: The Nikkei Pops, All Others Drop
Doug Short | Jun 23, 2013 12:20AM ET
Japan's Nikkei 225 was the only market on my world watchlist with a gain for the week, and a handsome one at that, up 4.28%. Of course, that comes after four weeks of savage losses. The SENSEX and S&P 500 finished in a near dead heat for second place, down a bit over two percent. The other five indexes ranged from -3.05% to -4.15%. The biggest declines for the seven losers began Wednesday afternoon when the US Federal Reserve put a potential timeframe and conditions for the end of QE. What we saw was the beginning of what could be a significant DAXK a price-only index, instead of the more familiar DAX index (which includes dividends), for constency with the other indexes, which do not include dividends.
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