Daily Market Commentary for August 4, 2008 from Millennium-Traders.Com
U.S. Personal Income rose 0.1% in June compared to consensus of a drop by 0.3%; U.S. Personal Spending rose 0.6% in June compared to consensus of an increase by 0.5%; (read more)
At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the session on the world market as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) loss of 25.40 points on the day to end the trading session at 11,284.15
NYSE (New York Stock Exchange) triple digit loss of 110.50 points to end the trading session at 8,268.65
NASDAQ loss of 25.40 points to end the trading session at 2,285.56
S&P 500 loss of 11.29 points to end the trading session at 1,249.02
FTSE All-World excluding - U.S. loss of 2.46 points to end the trading session at 221.06
FTSE RAFI 1000 loss of 31.31 points to end the trading session at 4,932.21
BEL 20 (BEL20) loss of 36.52 points to end the trading session at 2,947.03
CAC 40 (CAC40) loss of 33.1 points to end the trading session at 4,280.63
FTSE100 (UKX100) loss of 34.5 points to end the trading session at 5,320.20
NIKKEI 225 (NIK/O) triple digit loss of 161.41 points on the day to end the trading session at 12,933.18
New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 1,063; declined stock prices 2,093; unchanged stock prices 88; stock prices hitting new highs 24 and stock prices hitting new lows 98.
NYSE quotes for volatile stocks and market trends, 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: Ultrashort Financial Corporation (NYSE: SKF) stock price gained 2.74 points on the trading session, high on the trading session $126.89, low on the trading session $120.00 for a closing stock price at $123.00; Cleveland-Cliffs Incorporated (NYSE: CLF) stock price shed 5.17 points on the trading session, high on the trading session $106.00, low on the trading session $98.02 for a closing stock price at $100.79; United States Steel Corporation (NYSE: X) stock price shed 11.56 points on the trading session, high on the trading session $150.00, low on the trading session $136.64 for a closing stock price at $139.87; Chesapeake Energy Corporation (NYSE: CHK) stock price shed 3.97 points on the trading session, high on the trading session $49.50, low on the trading session $44.41 for a closing stock price at $45.25; Murphy Oil Corporation (NYSE: MUR) stock price shed 2.80 points on the trading session, high on the trading session $83.08, low on the trading session $76.95 for a closing stock price at $77.42; Walter Industries Incorporated (NYSE: WLT) stock price shed 18.13 points on the trading session, high on the trading session $102.75, low on the trading session $86.25 for a closing stock price at $86.52; CF Industries Holdings Incorporated (NYSE: CF) stock price shed 13.58 points on the trading session, high on the trading session $161.44, low on the trading session $146.51 for a closing stock price at $148.96; Encore Acquisition Company (NYSE: EAC) stock price shed 7.36 points on the trading session, high on the trading session $61.30, low on the trading session $54.06 for a closing stock price at $54.09; Freeport-McMoRan Copper & Gold (NYSE: FCX) stock price shed 10.96 points on the trading session, high on the trading session $90.10, low on the trading session $78.73 for a closing stock price at $80.35; Terra Industries Incorporated (NYSE: TRA) stock price shed 7.97 points on the trading session, high on the trading session $54.44, low on the trading session $45.85 for a closing stock price at $45.94; IntercontinentalExchange Incorporated (NYSE: ICE) stock price shed 10.76 points on the trading session, high on the trading session $98.49, low on the trading session $83.80 for a closing stock price at $85.44; MasterCard Incorporated (NYSE: MA) stock price shed 6.35 points on the trading session, high on the trading session $240.00, low on the trading session $229.21 for a closing stock price at $230.92; Potash Corporation Saskatchewan (NYSE: POT) stock price shed 20.92 points on the trading session, high on the trading session $198.24, low on the trading session $176.82 for a closing stock price at $180.14.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 960; declined stock prices 1,913; unchanged stock prices 126; stock prices hitting new highs 29; stock prices hitting new lows 109.
NASDAQ quotes, volatile stocks and market trends, 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: Millicom International Cellular (NasdaqGS: MICC) stock price shed 0.85 points on the trading session, high on the trading session $76.40, low on the trading session $74.11 for a closing stock price at $75.11; Vertex Pharmaceuticals Incorporated (NasdaqGS: VRTX) stock price shed 3.44 points on the trading session, high on the trading session $30.01, low on the trading session $27.73 for a closing stock price at $29.25; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 13.54 points on the trading session, high on the trading session $284.00, low on the trading session $266.20 for a closing stock price at $267.20; FreightCar America Incorporated (NasdaqGS: RAIL) stock price shed 7.63 points on the trading session, high on the trading session $33.74, low on the trading session $26.65 for a closing stock price at $28.49; Baidu.com Incorporated (NasdaqGS: BIDU) stock price shed 14.17 points on the trading session, high on the trading session $343.47, low on the trading session $329.76 for a closing stock price at $330.00;Schnitzer Steel Industries Incorporated (NasdaqGS: SCHN) stock price shed 7.52 points on the trading session, high on the trading session $82.95, low on the trading session $72.18 for a closing stock price at $75.92.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 370; declined stock prices 779; unchanged stock prices 88; stock prices hitting new highs 8; stock prices hitting new lows 42.
Chicago Board of Trade Futures Market activity for the day, at time of this posting for September 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,249.00, change -11.25
E-mini NASDAQ-100 (NQ) end of day price 1,811.75, change -21.25
E-mini S&P SmallCap 600 (SMP) end of day price 368.00, change -5.00
$5 DJIA (YM) end of day price 11,272, change -34
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6418 to U.S. Dollars 1.558
Japanese Yen 108.25 to U.S. Dollars 0.0092
British Pound 0.5095 to U.S. Dollars 1.9629
Canadian Dollar 1.0366 to U.S. Dollars 0.9647
Swiss Franc 1.0474 to U.S. Dollars 0.9547
Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) shed $3.69 on the day for a closing price of $121.41 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) shed $0.09 on the day for a closing price of $3.35 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) shed $0.66 on the day for a closing price of $8.73 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.08 on the day for a closing price of $3.00 a gallon ($US per gallon)
Metals Markets:
Gold Market Price (COMEX: CMX) shed $9.60 on the day for a closing price of $907.90 ($US per Troy ounce)
Silver (COMEX: CMX) shed $0.38 on the day for a closing price of $17.14 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $90.30 on the day for a closing price of $1,565.00 ($US per Troy ounce)
Copper (COMEX: CMX) shed $0.14 on the day for a closing price of $3.44 ($US per pound)
Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) gained 0.33 on the day for a closing price of 74.95
Pork Bellies (Chicago Mercantile Exchange: CME) gained 1.18 on the day for a closing price of 91.10
Live Cattle (Chicago Mercantile Exchange: CME) shed 0.30 on the day for a closing price of 107.50
Feeder Cattle (Chicago Mercantile Exchange: CME) gained 0.13 on the day for a closing price of 117.83
Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) shed 29.50 on the day for a closing price of 555.50
Soybeans (Chicago Board of Trade: CBT) shed 70.00 on the day for a closing price of 1,295.00
Bond Market:
2 year bond shed 2/32 on the day for a closing price of 100 13/32 with a Yield of 2.52, Yield Change +0.03
5 year bond shed 4/32 on the day for a closing price of 100 20/32 with a Yield of 3.23, Yield Change +0.02
10 year bond shed 6/32 on the day for a closing price of 99 10/32 with a Yield of 3.95, Yield Change +0.02
30 year bond shed 10/32 on the day for a closing price of 96 20/32 with a Yield of 4.58, Yield Change +0.02
Access scheduled economic data every market morning by viewing the Daily Market Report from Millennium-Traders, free access to visitors on our website.
Thanks for reading
Millennium-Traders.Com
U.S. Personal Income rose 0.1% in June compared to consensus of a drop by 0.3%; U.S. Personal Spending rose 0.6% in June compared to consensus of an increase by 0.5%; (read more)
At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the session on the world market as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) loss of 25.40 points on the day to end the trading session at 11,284.15
NYSE (New York Stock Exchange) triple digit loss of 110.50 points to end the trading session at 8,268.65
NASDAQ loss of 25.40 points to end the trading session at 2,285.56
S&P 500 loss of 11.29 points to end the trading session at 1,249.02
FTSE All-World excluding - U.S. loss of 2.46 points to end the trading session at 221.06
FTSE RAFI 1000 loss of 31.31 points to end the trading session at 4,932.21
BEL 20 (BEL20) loss of 36.52 points to end the trading session at 2,947.03
CAC 40 (CAC40) loss of 33.1 points to end the trading session at 4,280.63
FTSE100 (UKX100) loss of 34.5 points to end the trading session at 5,320.20
NIKKEI 225 (NIK/O) triple digit loss of 161.41 points on the day to end the trading session at 12,933.18
New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 1,063; declined stock prices 2,093; unchanged stock prices 88; stock prices hitting new highs 24 and stock prices hitting new lows 98.
NYSE quotes for volatile stocks and market trends, 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: Ultrashort Financial Corporation (NYSE: SKF) stock price gained 2.74 points on the trading session, high on the trading session $126.89, low on the trading session $120.00 for a closing stock price at $123.00; Cleveland-Cliffs Incorporated (NYSE: CLF) stock price shed 5.17 points on the trading session, high on the trading session $106.00, low on the trading session $98.02 for a closing stock price at $100.79; United States Steel Corporation (NYSE: X) stock price shed 11.56 points on the trading session, high on the trading session $150.00, low on the trading session $136.64 for a closing stock price at $139.87; Chesapeake Energy Corporation (NYSE: CHK) stock price shed 3.97 points on the trading session, high on the trading session $49.50, low on the trading session $44.41 for a closing stock price at $45.25; Murphy Oil Corporation (NYSE: MUR) stock price shed 2.80 points on the trading session, high on the trading session $83.08, low on the trading session $76.95 for a closing stock price at $77.42; Walter Industries Incorporated (NYSE: WLT) stock price shed 18.13 points on the trading session, high on the trading session $102.75, low on the trading session $86.25 for a closing stock price at $86.52; CF Industries Holdings Incorporated (NYSE: CF) stock price shed 13.58 points on the trading session, high on the trading session $161.44, low on the trading session $146.51 for a closing stock price at $148.96; Encore Acquisition Company (NYSE: EAC) stock price shed 7.36 points on the trading session, high on the trading session $61.30, low on the trading session $54.06 for a closing stock price at $54.09; Freeport-McMoRan Copper & Gold (NYSE: FCX) stock price shed 10.96 points on the trading session, high on the trading session $90.10, low on the trading session $78.73 for a closing stock price at $80.35; Terra Industries Incorporated (NYSE: TRA) stock price shed 7.97 points on the trading session, high on the trading session $54.44, low on the trading session $45.85 for a closing stock price at $45.94; IntercontinentalExchange Incorporated (NYSE: ICE) stock price shed 10.76 points on the trading session, high on the trading session $98.49, low on the trading session $83.80 for a closing stock price at $85.44; MasterCard Incorporated (NYSE: MA) stock price shed 6.35 points on the trading session, high on the trading session $240.00, low on the trading session $229.21 for a closing stock price at $230.92; Potash Corporation Saskatchewan (NYSE: POT) stock price shed 20.92 points on the trading session, high on the trading session $198.24, low on the trading session $176.82 for a closing stock price at $180.14.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 960; declined stock prices 1,913; unchanged stock prices 126; stock prices hitting new highs 29; stock prices hitting new lows 109.
NASDAQ quotes, volatile stocks and market trends, 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: Millicom International Cellular (NasdaqGS: MICC) stock price shed 0.85 points on the trading session, high on the trading session $76.40, low on the trading session $74.11 for a closing stock price at $75.11; Vertex Pharmaceuticals Incorporated (NasdaqGS: VRTX) stock price shed 3.44 points on the trading session, high on the trading session $30.01, low on the trading session $27.73 for a closing stock price at $29.25; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 13.54 points on the trading session, high on the trading session $284.00, low on the trading session $266.20 for a closing stock price at $267.20; FreightCar America Incorporated (NasdaqGS: RAIL) stock price shed 7.63 points on the trading session, high on the trading session $33.74, low on the trading session $26.65 for a closing stock price at $28.49; Baidu.com Incorporated (NasdaqGS: BIDU) stock price shed 14.17 points on the trading session, high on the trading session $343.47, low on the trading session $329.76 for a closing stock price at $330.00;Schnitzer Steel Industries Incorporated (NasdaqGS: SCHN) stock price shed 7.52 points on the trading session, high on the trading session $82.95, low on the trading session $72.18 for a closing stock price at $75.92.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 370; declined stock prices 779; unchanged stock prices 88; stock prices hitting new highs 8; stock prices hitting new lows 42.
Chicago Board of Trade Futures Market activity for the day, at time of this posting for September 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,249.00, change -11.25
E-mini NASDAQ-100 (NQ) end of day price 1,811.75, change -21.25
E-mini S&P SmallCap 600 (SMP) end of day price 368.00, change -5.00
$5 DJIA (YM) end of day price 11,272, change -34
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6418 to U.S. Dollars 1.558
Japanese Yen 108.25 to U.S. Dollars 0.0092
British Pound 0.5095 to U.S. Dollars 1.9629
Canadian Dollar 1.0366 to U.S. Dollars 0.9647
Swiss Franc 1.0474 to U.S. Dollars 0.9547
Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) shed $3.69 on the day for a closing price of $121.41 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) shed $0.09 on the day for a closing price of $3.35 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) shed $0.66 on the day for a closing price of $8.73 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.08 on the day for a closing price of $3.00 a gallon ($US per gallon)
Metals Markets:
Gold Market Price (COMEX: CMX) shed $9.60 on the day for a closing price of $907.90 ($US per Troy ounce)
Silver (COMEX: CMX) shed $0.38 on the day for a closing price of $17.14 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $90.30 on the day for a closing price of $1,565.00 ($US per Troy ounce)
Copper (COMEX: CMX) shed $0.14 on the day for a closing price of $3.44 ($US per pound)
Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) gained 0.33 on the day for a closing price of 74.95
Pork Bellies (Chicago Mercantile Exchange: CME) gained 1.18 on the day for a closing price of 91.10
Live Cattle (Chicago Mercantile Exchange: CME) shed 0.30 on the day for a closing price of 107.50
Feeder Cattle (Chicago Mercantile Exchange: CME) gained 0.13 on the day for a closing price of 117.83
Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) shed 29.50 on the day for a closing price of 555.50
Soybeans (Chicago Board of Trade: CBT) shed 70.00 on the day for a closing price of 1,295.00
Bond Market:
2 year bond shed 2/32 on the day for a closing price of 100 13/32 with a Yield of 2.52, Yield Change +0.03
5 year bond shed 4/32 on the day for a closing price of 100 20/32 with a Yield of 3.23, Yield Change +0.02
10 year bond shed 6/32 on the day for a closing price of 99 10/32 with a Yield of 3.95, Yield Change +0.02
30 year bond shed 10/32 on the day for a closing price of 96 20/32 with a Yield of 4.58, Yield Change +0.02
Access scheduled economic data every market morning by viewing the Daily Market Report from Millennium-Traders, free access to visitors on our website.
Thanks for reading
Millennium-Traders.Com
