Ongoing surge of energy costs put the whammy on United Parcel Service (NYSE: UPS) and Dow Chemical (NYSE: DOW) as they warned of increased shipping costs. Jet-fuel costs by UPS have increased by 30% for the quarter and the company must allow at least two months to recover the expenses through surcharges on customers. (read more)
At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:
DOW (Dow Jones Industrial Average) loss of 34.93 points on the day to end the trading session at 11,807.43 NYSE (New York Stock Exchange) loss of 38.55 points to end the trading session at 8,803.34 NASDAQ loss of 17.46 points to end the trading session at 2,368.28 S&P 500 loss of 3.72 points to end the trading session at 1,314.28 FTSE All-World ex-U.S. loss of 0.96 points to end the trading session at 234.64 FTSE RAFI 1000 loss of 4.63 points to end the trading session at 5,138.07 BEL 20 (BEL20) loss of 31.95 points to end the trading session at 3,318.54 CAC 40 (CAC40) gain of 37.61 points to end the trading session at 4,473.76 FTSE100 (UKX100) loss of 32.5 points to end the trading session at 5,634.7 NIKKEI 225 (NIK/O) loss of 7.91 points to end the trading session at 13,849.56
Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 988; declined stocks 2,198; unchanged stocks 85; stocks hitting new highs 43; stocks hitting new lows 366. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Walter Industries Incorporated (NYSE: WLT) shed 4.32 points on the trading session, high on the trading session $106.29, low on the trading session $97.31 for a closing stock price at $100.25; PetroChina Company Limited (NYSE: PTR) shed 2.08 points on the trading session, high on the trading session $133.78, low on the trading session $129.10 for a closing stock price at $131.77; CF Industries Holdings Incorporated (NYSE: CF) shed 8.13 points on the trading session, high on the trading session $170.18, low on the trading session $159.14 for a closing stock price at $160.22; Kroger Corporation (NYSE: KR) gained 1.82 points on the trading session, high on the trading session $28.50, low on the trading session $27.05 for a closing stock price at $27.82; Petroleo Brasileiro SA (NYSE: PBR) shed 0.18 points on the trading session, high on the trading session $67.74, low on the trading session $65.85 for a closing stock price at $66.14; Transocean Incorporated (NYSE: RIG) shed 3.11 points on the trading session, high on the trading session $154.51, low on the trading session $151.19 for a closing stock price at $151.55; Valmont Industries Incorporated (NYSE: VMI) shed 1.97 points on the trading session, high on the trading session $110.16, low on the trading session $105.36 for a closing stock price at $106.47; Reliance Steel & Aluminum Corporation (NYSE: RS) gained 0.26 points on the trading session, high on the trading session $78.31, low on the trading session $73.32 for a closing stock price at $73.74; United Parcel Service Incorporated (NYSE: UPS) shed 4.00 points on the trading session, high on the trading session $64.72, low on the trading session $62.18 for a closing stock price at $62.26; CGG Veritas (NYSE: CGV) shed 0.02 points on the trading session, high on the trading session $45.68, low on the trading session $43.62 for a closing stock price at $45.49; Mexco Energy Corporation (NYSE: MXC) shed 3.73 points on the trading session, high on the trading session $55.86, low on the trading session $43.80 for a closing stock price at $44.77; Oil Service HOLDRs (NYSE: OIH) shed 5.53 points on the trading session, high on the trading session $223.26, low on the trading session $218.97 for a closing stock price at $219.68; Cleveland-Cliffs Incorporated (NYSE: CLF) gained 3.23 points on the trading session, high on the trading session $117.58, low on the trading session $108.25 for a closing stock price at $114.50; Patriot Coal Corporation (NYSE: PCX) shed 5.41 points on the trading session, high on the trading session $148.50, low on the trading session $138.24 for a closing stock price at $140.58; Pyramid Oil Company (NYSE: PDO) gained 3.16 points on the trading session, high on the trading session $46.00, low on the trading session $38.00 for a closing stock price at $41.60; CenturyTel Incorporated (NYSE: CTL) gained 5.53 points on the trading session, high on the trading session $37.25, low on the trading session $34.37 for a closing stock price at $36.78; Bunge Limited (NYSE: BG) shed 0.97 points on the trading session, high on the trading session $113.87, low on the trading session $108.54 for a closing stock price at $109.73; Mosaic Company (NYSE: MOS) shed 7.69 points on the trading session, high on the trading session $151.36, low on the trading session $142.02 for a closing stock price at $142.98; CME Group Incorporated (NYSE: CME) shed 3.20 points on the trading session, high on the trading session $439.54, low on the trading session $428.12 for a closing stock price at $433.75; Monsanto Company (NYSE: MON) shed 6.26 points on the trading session, high on the trading session $143.65, low on the trading session $134.31 for a closing stock price at $135.79; Potash Corporation Saskatchewan (NYSE: POT) shed 8.90 points on the trading session, high on the trading session $235.50, low on the trading session $225.81 for a closing stock price at $227.35; MasterCard Incorporated (NYSE: MA) shed 2.15 points on the trading session, high on the trading session $283.75, low on the trading session $275.20 for a closing stock price at $280.37.
Market trends on the NASDAQ today: advanced stocks 789; declined stocks 2,121; unchanged stocks 136; stocks hitting new highs 22; stocks hitting new lows 337. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: COMSCORE Incorporated (NasdaqGS: SCOR) shed 6.37 points on the trading session, high on the trading session $25.33, low on the trading session $21.05 for a closing stock price at $21.32; Yahoo Incorporated (NasdaqGS: YHOO) gained 0.59 points on the trading session, high on the trading session $23.71, low on the trading session $20.60 for a closing stock price at $22.04; First Solar Incorporated (NasdaqGS: FSLR) shed 0.10 points on the trading session, high on the trading session $292.88, low on the trading session $283.00 for a closing stock price at $287.90; Penn National Gaming Incorporated (NasdaqGS: PENN) shed 2.17 points on the trading session, high on the trading session $34.38, low on the trading session $31.82 for a closing stock price at $32.45; Baidu.com Incorporated (NasdaqGS: BIDU) shed 12.16 points on the trading session, high on the trading session $318.55, low on the trading session $303.20 for a closing stock price at $306.70; Google Incorporated (NasdaqGS: GOOG) shed 1.10 points on the trading session, high on the trading session $551.19, low on the trading session $535.10 for a closing stock price at $544.10.
Market trends on the American Stock Exchange (AMEX) today: advanced stocks 410; declined stocks 800; unchanged stocks 84; stocks hitting new highs 20; stocks hitting new lows 78.
Redbook data released today: U.S. Retail Sales fell by 0.7% during first 3 weeks of June versus May.
Richmond Fed: June Services Revenues Index fell by 14 versus May drop by 6; June Retail Revenues Index fell by 33 versus May drop by 28; June Manufacturing Index fell by 12 versus May drop by 3; June Manufacturing Shipments Index fell by 11 versus May drop by 1.
U.S. Conference Board June Consumer Confidence came in at 50.4 versus May reading at 58.1; Conference Board June Expectations Index came in at 41.0 versus May reading at 47.3; Conference Board June Present Situation Index came in at 64.5 versus May reading at 74.2.
Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1316.25, change -2.00
E-mini NASDAQ-100 (NQ) end of day price1914.25, change -3.75
E-mini S&P SmallCap 600 (SMP) end of day price 380.00, change 0.00
$5 DJIA (YM) end of day price 11,826, change -5
World Currencies at time of this posting:
Euro 0.6405 to U.S. Dollars 1.5612
Japanese Yen 107.44 to U.S. Dollars 0.0093
British Pound 0.5072 to U.S. Dollars 1.9717
Canadian Dollar 1.0137 to U.S. Dollars 0.9865
Swiss Franc 1.0352 to U.S. Dollars 0.9660
Commodities Markets:
Energy Sector: Light Crude (NYM) gained $0.26 on the day for a closing price of $137.00 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.02 on the day for a closing price of $3.84 a gallon ($US per gal.); Natural Gas (NYM) shed $0.20 on the day for a closing price of $13.13 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.01 on the day for a closing price of $3.46 a gallon ($US per gal.).
Metals Markets: Gold Market Price (CMX) gained $4.40 on the day for a closing price of $891.60 ($US per Troy oz.); Silver (CMX) shed $0.16 on the day for a closing price of $16.63 ($US per Troy oz.); Platinum (NYM) shed $14.20 on the day for a closing price of $2,031.50 ($US per Troy oz.) and Copper (CMX) shed $0.02 on the day for a closing price of $3.79 ($US per lb.).
Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 1.45 on the day for a closing price of 75.90; Pork Bellies (CME) shed 0.75 on the day for a closing price of 72.35; Live Cattle (CME) shed 0.03 on the day for a closing price of 104.68; Feeder Cattle (CME) gained 0.43 on the day for a closing price of 113.48.
Other Commodities (cents per bu.): Corn (CBT) shed 11.75 on the day for a closing price of 747.50 and Soybeans (CBT) shed 11.50 on the day for a closing price of 1,491.00.
Bond action for the day: 2 year bond gained 6/32 on the day for a closing price of 99 18/32 with a Yield of 2.85, Yield Change -0.09; 5 year bond gained 12/32 on the day for a closing price of 99 25/32 with a Yield of 3.54, Yield Change -0.08; 10 year bond gained 14/32 on the day for a closing price of 98 3/32 with a Yield of 4.10, Yield Change -0.08; the 30 year bond gained 25/32 on the day for a closing price of 95 17/32 with a Yield of 4.65, Yield Change -0.05.
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Todays top stock pick for the trading session was Bunge Limited (NYSE: BG) which took a hard hit today on its merger announcement with Corn Products (NYSE: CPO). At the closing bell, Bunge was down over 11 points on the trading session. (read more)
At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:
DOW (Dow Jones Industrial Average) loss of 0.33 points on the day to end the trading session at 11,842.36 NYSE (New York Stock Exchange) gain of 12.64 points to end the trading session at 8,841.89 NASDAQ loss of 20.35 points to end the trading session at 2,385.74 S&P 500 gain of 0.07 points to end the trading session at 1,318.00 FTSE All-World ex-U.S. loss of 1.00 point to end the trading session at 235.69 FTSE RAFI 1000 loss of 36.72 points to end the trading session at 5,143.94 BEL 20 (BEL20) loss of 18.18 points to end the trading session at 3,350.49 CAC 40 (CAC40) gain of 2.1 points to end the trading session at 4,511.37 FTSE100 (UKX100) gain of 46.4 points to end the trading session at 5,667.2 NIKKEI 225 (NIK/O) loss of 84.63 points to end the trading session at 13,857.47
Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 1,078; declined stocks 2,134; unchanged stocks 78; stocks hitting new highs 66; stocks hitting new lows 306. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: BCE Incorporated (NYSE: BCE) gained 1.94 points on the trading session, high on the trading session $37.55, low on the trading session $36.02 for a closing stock price at $36.04; Bunge Limited (NYSE: BG) shed 11.47 points on the trading session, high on the trading session $127.64, low on the trading session $106.27 for a closing stock price at $110.70; MasterCard Incorporated (NYSE: MA) shed 1.49 points on the trading session, high on the trading session $289.22, low on the trading session $280.00 for a closing stock price at $282.52; Helmerich & Payne Incorporated (NYSE: HP) gained 4.96 points on the trading session, high on the trading session $77.07, low on the trading session $71.94 for a closing stock price at $76.99; Corn Products International Incorporated (NYSE: CPO) gained 7.85 points on the trading session, high on the trading session $54.96, low on the trading session $49.32 for a closing stock price at $50.75; Mosaic Company (NYSE: MOS) shed 2.05 points on the trading session, high on the trading session $154.50, low on the trading session $146.11 for a closing stock price at $150.67; Monsanto Company (NYSE: MON) gained 2.10 points on the trading session, high on the trading session $142.05, low on the trading session $135.93 for a closing stock price at $142.05; CME Group Incorporated (NYSE: CME) gained 7.69 points on the trading session, high on the trading session $444.00, low on the trading session $428.50 for a closing stock price at $436.95; Potash Corporation Saskatchewan (NYSE: POT) gained 6.16 points on the trading session, high on the trading session $236.49, low on the trading session $225.24 for a closing stock price at $236.25.
Market trends on the NASDAQ today: advanced stocks 885; declined stocks 2,024; unchanged stocks 129; stocks hitting new highs 41; stocks hitting new lows 278. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Research In Motion Limited (NasdaqGS: RIMM) shed 1.61 points on the trading session, high on the trading session $147.50, low on the trading session $143.00 for a closing stock price at $142.95; First Solar Incorporated (NasdaqGS: FSLR) gained 19.28 points on the trading session, high on the trading session $288.00, low on the trading session $274.56 for a closing stock price at $287.50; Deckers Outdoor Corporation (NasdaqGS: DECK) gained 2.30 points on the trading session, high on the trading session $144.93, low on the trading session $139.90 for a closing stock price at $141.85; Children's Place Retail Stores (NasdaqGS: PLCE) shed 0.63 points on the trading session, high on the trading session $36.34, low on the trading session $33.19 for a closing stock price at $34.95; Energy Conversion Devices Incorporated (NasdaqGS: ENER) gained 4.43 points on the trading session, high on the trading session $83.33, low on the trading session $77.36 for a closing stock price at $81.07; Penn National Gaming Incorporated (NasdaqGS: PENN) shed 2.41 points on the trading session, high on the trading session $37.49, low on the trading session $33.76 for a closing stock price at $34.63; FCStone Group Incorporated (NasdaqGS: FCSX) shed 6.33 points on the trading session, high on the trading session $38.48, low on the trading session $30.25 for a closing stock price at $32.00; Google Incorporated (NasdaqGS: GOOG) shed 0.93 points on the trading session, high on the trading session $553.15, low on the trading session $542.02 for a closing stock price at $545.50; Sohu.com Incorporated (NasdaqGS: SOHU) gained 3.92 points on the trading session, high on the trading session $76.87, low on the trading session $72.27 for a closing stock price at $75.83; Baidu.com Incorporated (NasdaqGS: BIDU) shed 4.89 points on the trading session, high on the trading session $326.94, low on the trading session $315.66 for a closing stock price at $318.00.
Market trends on the American Stock Exchange (AMEX) today: advanced stocks 450; declined stocks 750; unchanged stocks 103; stocks hitting new highs 24; stocks hitting new lows 74.
Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1346.50, change 7.75
E-mini NASDAQ-100 (NQ) end of day price1991.75, change 30.25
E-mini S&P SmallCap 600 (SMP) end of day price 389.70, change 2.70
$5 DJIA (YM) end of day price 12091, change 63
World Currencies at time of this posting:
Euro 0.6444 to U.S. Dollars 1.5519
Japanese Yen 107.85 to U.S. Dollars 0.0093
British Pound 0.5089 to U.S. Dollars 1.9649
Canadian Dollar 1.015 to U.S. Dollars 0.9852
Swiss Franc 1.0459 to U.S. Dollars 0.9561
Commodities Markets:
Energy Sector: Light Crude (NYM) gained $1.04 on the day for a closing price of $136.40 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.03 on the day for a closing price of $3.83 a gallon ($US per gal.); Natural Gas (NYM) ended the day with a closing price of $13.32 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.04 on the day for a closing price of $3.48 a gallon ($US per gal.).
Metals Markets: Gold Market Price (CMX) shed $16.70 on the day for a closing price of $887.00 ($US per Troy oz.); Silver (CMX) shed $0.62 on the day for a closing price of $16.78 ($US per Troy oz.); Platinum (NYM) ended the day with a closing price of $2,039.20 ($US per Troy oz.) and Copper (CMX) shed $0.02 on the day for a closing price of $3.81 ($US per lb.).
Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 1.03 on the day for a closing price of 77.35; Pork Bellies (CME) gained 0.15 on the day for a closing price of 73.10; Live Cattle (CME) shed 0.15 on the day for a closing price of 104.70; Feeder Cattle (CME) shed 0.53 on the day for a closing price of 113.05.
Other Commodities (cents per bu.): Corn (CBT) gained 3.50 on the day for a closing price of 759.00 and Soybeans (CBT) shed 7.00 on the day for a closing price of 1,502.00.
Bond action for the day: 2 year bond shed 3/32 on the day for a closing price of 99 12/32 with a Yield of 2.94, Yield Change 0.05; 5 year bond shed 5/32 on the day for a closing price of 99 13/32 with a Yield of 3.62, Yield Change 0.03; 10 year bond ended the day with a closing price of 97 20/32 with a Yield of 4.17, Yield Change 0.00; the 30 year bond gained 10/32 on the day for a closing price of 94 25/32 with a Yield of 4.70, Yield Change -0.02.
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Quadruple witching racked the nerves of day traders today with the strong witch-whip giving no real strength and instead, whipping stocks every which way throughout the trading session. (read more)
At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:
DOW (Dow Jones Industrial Average) triple digit loss of 220.40 points on the day to end the trading session at 11,842.69 NYSE (New York Stock Exchange) triple digit loss of 159.59 points to end the trading session at 8,829.25 NASDAQ loss of 55.97 points to end the trading session at 2,406.09 S&P 500 loss of 24.90 points to end the trading session at 1,317.93 FTSE All-World ex-U.S. loss of 3.23 points to end the trading session at 236.77 FTSE RAFI 1000 triple digit loss of 108.99 points to end the trading session at 5,180.66 BEL 20 (BEL20) loss of 72.75 points to end the trading session at 3,368.67 CAC 40 (CAC40) loss of 82.12 points to end the trading session at 4,509.27 FTSE100 (UKX100) loss of 87.6 points to end the trading session at 5,620.8 NIKKEI 225 (NIK/O) triple digit loss of 188.1 points to end the trading session at 13,942.1
Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 593; declined stocks 2,597; unchanged stocks 63; stocks hitting new highs 36; stocks hitting new lows 263. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Transocean Incorporated (NYSE: RIG) gained 0.72 points on the trading session, high on the trading session $151.30, low on the trading session $147.82 for a closing stock price at $148.81; Rio Tinto plc (NYSE: RTP) shed 0.50 points on the trading session, high on the trading session $479.00, low on the trading session $467.01 for a closing stock price at $479.00; MF Global Limited (NYSE: MF) shed 1.70 points on the trading session, high on the trading session $8.17, low on the trading session $6.62 for a closing stock price at $6.85; Mosaic Company (NYSE: MOS) gained 1.47 points on the trading session, high on the trading session $155.60, low on the trading session $147.46 for a closing stock price at $152.72; Petroleo Brasileiro SA (NYSE: PBR) shed 1.38 points on the trading session, high on the trading session $67.32, low on the trading session $65.00 for a closing stock price at $65.27; CME Group Incorporated (NYSE: CME) shed 11.79 points on the trading session, high on the trading session $443.67, low on the trading session $428.31 for a closing stock price at $429.26; Potash Corporation Saskatchewan (NYSE: POT) shed 2.92 points on the trading session, high on the trading session $237.08, low on the trading session $230.09 for a closing stock price at $230.09; Monsanto Company (NYSE: MON) gained 0.59 points on the trading session, high on the trading session $142.09, low on the trading session $138.40 for a closing stock price at $139.95; IntercontinentalExchange Incorporated (NYSE: ICE) shed 2.97 points on the trading session, high on the trading session $133.99, low on the trading session $129.12 for a closing stock price at $129.68.
Market trends on the NASDAQ today: advanced stocks 833; declined stocks 2,074; unchanged stocks 108; stocks hitting new highs 25; stocks hitting new lows 221. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Sohu.com Incorporated (NasdaqGS: SOHU) shed 11.75 points on the trading session, high on the trading session $80.80, low on the trading session $71.40 for a closing stock price at $71.55; Baidu.com Incorporated (NasdaqGS: BIDU) shed 11.92 points on the trading session, high on the trading session $332.33, low on the trading session $320.01 for a closing stock price at $322.89; Google Incorporated (NasdaqGS: GOOG) shed 13.77 points on the trading session, high on the trading session $556.98, low on the trading session $544.51 for a closing stock price at $546.43; DryShips Incorporated (NasdaqGS: DRYS) shed 3.50 points on the trading session, high on the trading session $80.51, low on the trading session $78.15 for a closing stock price at $78.50.
Market trends on the American Stock Exchange (AMEX) today: advanced stocks 347; declined stocks 878; unchanged stocks 72; stocks hitting new highs 18; stocks hitting new lows 60.
Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1318.50, change -0.50
E-mini NASDAQ-100 (NQ) end of day price 1940.75, change -0.75
E-mini S&P SmallCap 600 (SMP) end of day price 384.30, change -0.30
$5 DJIA (YM) end of day price 11844, change 0
World Currencies at time of this posting:
Euro 0.6408 to U.S. Dollars 1.5606
Japanese Yen 107.32 to U.S. Dollars 0.0093
British Pound 0.5063 to U.S. Dollars 1.9752
Canadian Dollar 1.0162 to U.S. Dollars 0.9841
Swiss Franc 1.035 to U.S. Dollars 0.9662
International Monetary Fund First Deputy Managing Director John Lipsky: Dollar `Much Closer' to medium-term fundamentals; IMF supports Congress Housing Bill to expand FHA Program; Any more U.S. Stimulus should target financial, housing sectors; Fed should maintain policy, may have to quickly tighten; U.S. inflation to ease as Commodity prices peak, economy slows; U.S. outlook `Highly Uncertain' due to financial, housing markets; severity of U.S. economic slowdown `less than feared'; ups U.S. growth forecasts to around 1% in 2008, 0.8% in 2009.
Commodities Markets
Energy Sector: Light Crude (NYM) gained $2.69 on the day for a closing price of $134.62 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.06 on the day for a closing price of $3.80 a gallon ($US per gal.); Natural Gas (NYM) gained $0.12 on the day for a closing price of $13.11 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.09 on the day for a closing price of $3.44 a gallon ($US per gal.).
Metals Markets: Gold Market Price (CMX) shed $0.50 on the day for a closing price of $903.70 ($US per Troy oz.); Silver (CMX) shed $0.07 on the day for a closing price of $17.40 ($US per Troy oz.); Platinum (NYM) shed $6.60 on the day for a closing price of $2,062.40 ($US per Troy oz.) and Copper (CMX) gained $0.05 on the day for a closing price of $3.83 ($US per lb.).
Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) gained 2.93 on the day for a closing price of 78.38; Pork Bellies (CME) gained 0.78 on the day for a closing price of 72.95; Live Cattle (CME) gained 1.40 on the day for a closing price of 104.85; Feeder Cattle (CME) gained 2.48 on the day for a closing price of 113.58.
Other Commodities (cents per bu.): Corn (CBT) shed 6.00 on the day for a closing price of 722.50 and Soybeans (CBT) shed 12.50 on the day for a closing price of 1,509.00.
Bond action for the day: 2 year bond gained 3/32 on the day for a closing price of 99 15/32 with a Yield of 2.89, Yield Change -0.05; 5 year bond gained 8/32 on the day for a closing price of 99 18/32 with a Yield of 3.59, Yield Change -0.06; 10 year bond gained 11/32 on the day for a closing price of 97 20/32 with a Yield of 4.17, Yield Change -0.04; the 30 year bond gained 19/32 on the day for a closing price of 94 15/32 with a Yield of 4.72, Yield Change -0.04.
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Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.
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With a majority of the major U.S. indices ending on a positive note, other major world indices posted losses. With a little help from China who announced it was raising prices on gas and diesel fuels to boost production and reduce demand, Crude oil moved lower. (read more)
At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:
DOW (Dow Jones Industrial Average) gain of 31.69 points on the day to end the trading session at 12,063.58 NYSE (New York Stock Exchange) loss of 10.72 points to end the trading session at 8,988.84 NASDAQ gain of 31.69 points to end the trading session at 2,461.4 S&P 500 gain of 5.06 points to end the trading session at 1,342.87 FTSE All-World ex-U.S. loss of 1.33 points to end the trading session at 240.1 FTSE RAFI 1000 gain of 22.40 points to end the trading session at 5,289.94 BEL 20 (BEL20) loss of 79.31 points to end the trading session at 3,441.42 CAC 40 (CAC40) loss of 27.36 points to end the trading session at 4,591.39 FTSE100 (UKX100) loss of 48.5 points to end the trading session at 5,708.4 NIKKEI 225 (NIK/O) triple digit loss of 322.46 points to end the trading session at 14,130.2
Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 1,565; declined stocks 1,582; unchanged stocks 106; stocks hitting new highs 81; stocks hitting new lows 176. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living. Coventry Health Care Incorporated (NYSE: CVH) shed 8.70 points on the trading session, high on the trading session $32.23, low on the trading session $30.10 for a closing stock price at $31.30; Monsanto Company (NYSE: MON) shed 2.14 points on the trading session, high on the trading session $144.05, low on the trading session $139.28 for a closing stock price at $139.36; China Petroleum & Chemical Corporation (NYSE: SNP) gained 8.07 points on the trading session, high on the trading session $114.62 low on the trading session $103.76 for a closing stock price at $112.42; PetroChina Company Limited (NYSE: PTR) gained 5.96 points on the trading session, high on the trading session $146.25, low on the trading session $133.22 for a closing stock price at $140.49; Humana Incorporated (NYSE: HUM) shed 1.69 points on the trading session, high on the trading session $43.73, low on the trading session $40.91 for a closing stock price at $42.675; Petroleo Brasileiro SA (NYSE: PBR) shed 2.00 points on the trading session, high on the trading session $68.99, low on the trading session $65.74 for a closing stock price at $66.65; Burlington Northern Santa Fe Corporation (NYSE: BNI) gained 2.37 points on the trading session, high on the trading session $106.12, low on the trading session $102.50 for a closing stock price at $105.55; Huntsman Corporation (NYSE: HUN) shed 8.00 points on the trading session, high on the trading session $13.20, low on the trading session $12.15 for a closing stock price at $12.86; IntercontinentalExchange Incorporated (NYSE: ICE) gained 8.32 points on the trading session, high on the trading session $130.70, low on the trading session $125.08 for a closing stock price at $132.65; CONSOL Energy Incorporated (NYSE: CNX) shed 6.93 points on the trading session, high on the trading session $119.10, low on the trading session $110.00 for a closing stock price at $110.41; Patriot Coal Corporation (NYSE: PCX) shed 9.99 points on the trading session, high on the trading session $164.45, low on the trading session $148.20 for a closing stock price at $151.40; CME Group Incorporated (NYSE: CME) shed 0.60 points on the trading session, high on the trading session $447.10, low on the trading session $436.81 for a closing stock price at $441.05; Lindsay Corporation (NYSE: LNN) shed 4.85 points on the trading session, high on the trading session $103.75, low on the trading session $96.25 for a closing price at $98.85; Mosaic Company (NYSE: MOS) shed 9.75 points on the trading session, high on the trading session $162.77, low on the trading session $151.03 for a closing stock price at $151.25; MasterCard Incorporated (NYSE: MA) shed 0.49 points on the trading session, high on the trading session $297.80, low on the trading session $288.58 for a closing stock price at $292.60; Potash Corporation Saskatchewan (NYSE: POT) shed 4.73 points on the trading session, high on the trading session $241.62, low on the trading session $231.68 for a closing stock price at $233.01.
Market trends on the NASDAQ today: advanced stocks 1.657 declined stocks 1,214; unchanged stocks 145; stocks hitting new highs 41; stocks hitting new lows 213. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living. Olympic Steel Incorporated (NasdaqGS: ZEUS) gained 5.40 points on the trading session, high on the trading session $74.18, low on the trading session $69.22 for a closing stock price at $74.42; First Solar, Incorporated (NasdaqGS: FSLR) shed 1.02 points on the trading session, high on the trading session $278.80, low on the trading session $270.56 for a closing stock price at $274.72; USANA Health Sciences Incorporated (NasdaqGS: USNA) gained 2.48 points on the trading session, high on the trading session $28.97, low on the trading session $27.11 for a closing stock price at $28.47; James River Coal Company (NasdaqGS: JRCC) shed 3.04 points on the trading session, high on the trading session $62.83, low on the trading session $55.65 for a closing stock price at $56.26; DryShips Incorporated (NasdaqGS: DRYS) gained 1.86 points on the trading session, high on the trading session $83.89, low on the trading session $81.13 for a closing stock price at $82.34; Central European Distribution Corporation (NasdaqGS: CEDC) shed 1.02 points on the trading session, high on the trading session $72.19, low on the trading session $68.50 for a closing stock price at $71.84; Google Incorporated (NasdaqGS: GOOG) shed 0.58 points on the trading session, high on the trading session $563.78, low on the trading session $550.81 for a closing stock price at $561.97.
Market trends on the American Stock Exchange (AMEX) today: advanced stocks 536; declined stocks 639; unchanged stocks 105; stocks hitting new highs 32; stocks hitting new lows 37.
Chicago Board of Trade Futures Market activity for the day, June 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1340.25, change 3.25;
E-mini NASDAQ-100 (NQ) end of day price 1981.50, change 29.25;
E-mini S&P SmallCap 600 (SMP) end of day price 389.50, change 3.20;
$5 DJIA (YM) end of day price 12052, change 24.
World Currencies at time of this posting:
Euro 0.6451 to U.S. Dollars 1.5502
Japanese Yen 107.97 to U.S. Dollars 0.0093
British Pound 0.5072 to U.S. Dollars 1.9718
Canadian Dollar 1.0151 to U.S. Dollars 0.9851
Swiss Franc 1.0457 to U.S. Dollars 0.9563
U.S. Conference Board: May Lagging Index rose 0.2% and U.S. Conference Board: May Leading Index rose 0.1%.
Philadelphia Fed June Price Paid came in at 69.3 versus May 53.8; Philadelphia Fed June Price Received came in at29.7 versus May 31.6; Philadelphia Fed June Employment fell 6.9 versus May drop by 1.0; Philadelphia Fed June New Orders fell 12.4 versus May drop by 3.7; Philadelphia Fed June Shipments fell 6.7 versus May 2.2; Philadelphia Fed June Delivery Times fell 8.0 versus May drop by 12.8; Philadelphia Fed June Inventories fell 12.6 versus May drop by 13.1; Philadelphia Fed June Business Index fell 17.1 versus May drop by 15.6; Philadelphia Fed June Business Index expected to have fallen 11.
U.S. Jobless Claims fell by 5K to 381K for week of June 14 compared to survey of drop by 9K; U.S. Continuing Claims for week of June 7 fell 76K to 3,060,000; U.S. Jun 7 Week Jobless Claims revised to 386K from 384K.
Commodities Markets
Energy Sector: Light Crude (NYM) shed $4.75 on the day for a closing price of $131.93 a barrel ($US per bbl.); Heating Oil (NYM) shed $0.14 on the day for a closing price of $3.74 a gallon ($US per gal.); Natural Gas (NYM) shed $0.33 on the day for a closing price of $12.99 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.11 on the day for a closing price of $3.35 a gallon ($US per gal.).
Metals Markets: Gold Market Price (CMX) gained $10.70 on the day for a closing price of $904.20 ($US per Troy oz.); Silver (CMX) gained $0.13 on the day for a closing price of $17.47 ($US per Troy oz.); Platinum (NYM) shed $36.10 on the day for a closing price of $2,055.80 ($US per Troy oz.) and Copper (CMX) gained $0.03 on the day for a closing price of $3.78 ($US per lb.).
Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 0.63 on the day for a closing price of 75.45; Pork Bellies (CME) shed 0.43 on the day for a closing price of 72.18; Live Cattle (CME) shed 0.45 on the day for a closing price of 103.45; Feeder Cattle (CME) gained 0.60 on the day for a closing price of 111.10.
Other Commodities (cents per bu.): Corn (CBT) shed 18.50 on the day for a closing price of 761.50 and Soybeans (CBT) shed 21.50 on the day for a closing price of 1,521.50.
Bond action for the day: 2 year bond shed 7/32 on the day for a closing price of 99 11/32 with a Yield of 2.96, Yield Change +0.11; 5 year bond shed 16/32 on the day for a closing price of 99 8/32 with a Yield of 3.66, Yield Change +0.11; 10 year bond shed 20/32 on the day for a closing price of 97 8/32 with a Yield of 4.21, Yield Change +0.08; the 30 year bond shed 27/32 on the day for a closing price of 94 19/32 with a Yield of 4.76, Yield Change 0.05.
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President George W. Bush proposed today that Congress should lift the ban on offshore drilling which has been in effect since 1981. With the drop in Crude Oil supplies, Americans feel strongly that if off shore drilling was permitted, the USA has a strong chance of removing or greatly reducing our dependence on foreign oil. (read more)
At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price:
DOW (Dow Jones Industrial Average) triple digit loss of 129.70 points on the day to end the trading session at 12,030.60 NYSE (New York Stock Exchange) loss of 74.24 points to end the trading session at 8,999.56 NASDAQ loss of 28.02 points to end the trading session at 2,429.71 S&P 500 loss of 12.72 points to end the trading session at 1,338.21 FTSE All-World ex-U.S. loss of 1.89 points to end the trading session at 241.41 FTSE RAFI 1000 loss of 65.67 points to end the trading session at 5,265.60 BEL 20 (BEL20) loss of 61.07 points to end the trading session at 3,521.73 CAC 40 (CAC40) loss of 67.58 points to end the trading session at 4,618.75 FTSE100 (UKX100) triple digit loss of 105 points to end the trading session at 5,756.9 NIKKEI 225 (NIK/O) triple digit gain of 104.4 points to end the trading session at 14,452.80
Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 871; declined stocks 2,263; unchanged stocks 100; stocks hitting new highs 65; stocks hitting new lows 194. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living. CarMax Incorporated (NYSE: KMX) shed 2.00 points on the trading session, high on the trading session $16.54, low on the trading session $15.80 for a closing stock price at $16.34; Valmont Industries Incorporated (NYSE: VMI) shed 11.75 points on the trading session, high on the trading session $114.54, low on the trading session $102.68 for a closing stock price at $107.70; Snap-on Incorporated (NYSE: SNA) shed 3.00 points on the trading session, high on the trading session $56.98, low on the trading session $53.85 for a closing stock price at $54.28; MF Global Limited (NYSE: MF) shed 5.43 points on the trading session, high on the trading session $10.80, low on the trading session $7.45 for a closing stock price at $7.83; Rio Tinto plc (NYSE: RTP) gained 6.81 points on the trading session, high on the trading session $481.94, low on the trading session $467.34 for a closing stock price at $477.88; CME Group Incorporated (NYSE: CME) shed 0.17 points on the trading session, high on the trading session $448.50, low on the trading session $434.64 for a closing stock price at $441.65; Mosaic Company (NYSE: MOS) shed 0.08 points on the trading session, high on the trading session $163.25, low on the trading session $156.06 for a closing stock price at $161.00; CF Industries Holdings Incorporated (NYSE: CF) shed 0.42 points on the trading session, high on the trading session $172.99, low on the trading session $164.73 for a closing stock price at $169.20; Bunge Limited (NYSE: BG) shed 2.88 points on the trading session, high on the trading session $122.81, low on the trading session $118.00 for a closing stock price at $119.86; Lindsay Corporation (NYSE: LNN) shed 20.73 points on the trading session, high on the trading session $116.00, low on the trading session $90.74 for a closing price at $103.70; MasterCard Incorporated (NYSE: MA) gained 0.88 points on the trading session, high on the trading session $294.81, low on the trading session $285.44 for a closing stock price at $293.09; Potash Corporation Saskatchewan (NYSE: POT) shed 1.76 points on the trading session, high on the trading session $241.49, low on the trading session $233.32 for a closing stock price at $237.74.
Market trends on the NASDAQ today: advanced stocks 809 declined stocks 2,062; unchanged stocks 138; stocks hitting new highs 39; stocks hitting new lows 221. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living. Fifth Third Bancorp (NasdaqGS: FITB) shed 3.45 points on the trading session, high on the trading session $11.20, low on the trading session $9.23 for a closing stock price at $9.28; SunPower Corporation (NasdaqGS: SPWR) gained 2.33 points on the trading session, high on the trading session $84.83, low on the trading session $79.45 for a closing stock price at $84.30; First Solar, Incorporated (NasdaqGS: FSLR) shed 6.61 points on the trading session, high on the trading session $281.68, low on the trading session $272.02 for a closing stock price at $275.60; Google Incorporated (NasdaqGS: GOOG) shed 7.42 points on the trading session, high on the trading session $568.99, low on the trading session $559.16 for a closing stock price at $562.04.
Market trends on the American Stock Exchange (AMEX) today: advanced stocks 409; declined stocks 735; unchanged stocks 105; stocks hitting new highs 35; stocks hitting new lows 41.
Chicago Board of Trade Futures Market activity for the day, June 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1338.75, change -12.25;
E-mini NASDAQ-100 (NQ) end of day price 1951.75, change -24.75;
E-mini S&P SmallCap 600 (SMP) end of day price 390.30, change 0.00;
$5 DJIA (YM) end of day price 12029, change -142.
World Currencies at time of this posting:
Euro 0.6439 to U.S. Dollars 1.5531
Japanese Yen 107.81 to U.S. Dollars 0.0093
British Pound 0.5104 to U.S. Dollars 1.9594
Canadian Dollar 1.0178 to U.S. Dollars 0.9825
Swiss Franc 1.0360 to U.S. Dollars 0.9653
Department Of Energy released Crude Oil Inventories today: U.S. Crude Oil Stockpiles fell 1.2 Million Barrels at 301.0 Million Barrels; U.S. Gasoline Stockpiles fell 1.2 Million Barrels at 208.9 Million Barrels; U.S. Distillate Stockpiles increased by 2.6 Million Barrels at 116.6 Million Barrels; U.S. Refineries ran at 89.3% capacity versus 88.6% capacity a week ago; U.S. Gasoline Stockpiles fell 1.2 Million Barrels in the week compared to expectations of an increase by 800,000 Million Barrels; U.S. Distillate Stockpiles increased by 2.6 Million Barrels n the week compared to expectations of an increase by 1.8 Million Barrels.
Commodities Markets Energy Sector: Light Crude (NYM) gained $2.67 on the day for a closing price of $136.68 a barrel ($US per bbl.); Heating Oil (NYM) gained $0.04 on the day for a closing price of $3.89 a gallon ($US per gal.); Natural Gas (NYM) gained $0.26 on the day for a closing price of $13.32 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) gained $0.05 on the day for a closing price of $3.47 a gallon ($US per gal.).
Metals Markets: Gold Market Price (CMX) gained $6.60 on the day for a closing price of $893.50 ($US per Troy oz.); Silver (CMX) gained $0.27 on the day for a closing price of $17.34 ($US per Troy oz.); Platinum (NYM) gained $27.60 on the day for a closing price of $2,091.90 ($US per Troy oz.) and Copper (CMX) gained $0.41 on the day for a closing price of $3.75 ($US per lb.).
Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 0.08 on the day for a closing price of 76.08; Pork Bellies (CME) shed 0.13 on the day for a closing price of 72.60; Live Cattle (CME) gained 0.30 on the day for a closing price of 103.90; Feeder Cattle (CME) gained 0.18 on the day for a closing price of 110.50.
Other Commodities (cents per bu.): Corn (CBT) gained 4.00 on the day for a closing price of 780.00 and Soybeans (CBT) shed 10.00 on the day for a closing price of 1,543.00.
Bond action for the day: 2 year bond gained 4/32 on the day for a closing price of 99 151832 with a Yield of 2.85, Yield Change -0.06; 5 year bond gained 12/32 on the day for a closing price of 99 23/32 with a Yield of 3.56, Yield Change -0.08; 10 year bond gained 16/32 on the day for a closing price of 97 27/32 with a Yield of 4.14, Yield Change -0.06; the 30 year bond gained 27/32 on the day for a closing price of 94 19/32 with a Yield of 4.71, Yield Change -0.06.
Monitor scheduled economic data every market morning by viewing the Daily Market Report from Millennium-Traders, free access to visitors on our website.
Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead.
Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website.
