After unrest in Hong Kong on Tuesday, investors have decided to unload some of their risky assets, one of those specifically the equities. With Dow Jones Industry Average futures dropped almost 1% thus extending the losses of investors.
Some of the clashes in Hong Kong, the pro-democracy clashes, left businesses and banks without a choice but stop their operations today which pulled down the Seng Yen Index to HIS -1.90%. On the other hand, the dollar hit which is the highest in over 6 years seems like an obvious indication that the U.S. Central Bank is still the strongest in the world.
This week, DreamWorks Animation stocks would be watched out because it increased 21% as well as the Japanese Conglomerate SoftBank which dropped -1.18% which is very much interested in buying out DreamWorks Animation. Aside from these two stocks, investors would also watch the stocks of Athlon Energy which surged 24% on news EnCana Corp, and will acquire it for almost $6 billion cold cash.
Last Friday, the Chief Executive Officer of Yahoo! Inc. Marissa Mayer said that the company is currently going over the correspondence sent by Starboard Value, an activist investor encouraging Yahoo! to partner with AOL, shares increased a little bit.
As per Janus Capital Group Inc. its JNS today is -4.03%, around 1% off. Bill Gross, founder of Pimco announced that he will leave the company to accept a job offered to him at Janus, reported on Friday.