Trading action in the stock market today was very stagnant during the entire trading session. Little trading activity plagued traders as we started a fresh new week of trading, most of the day's losses occurred by 11 AM. Blue-chip index regained all of its losses from March, however the major indexes had their worst losses in over a month. Dow Jones had its worst single day point loss since April 20th, with the Nasdaq and S&P reporting their worst losses since May 13th. U.S. stocks and commodities suffered sharp and steady declines on Monday, investors also swallowed sluggish economic data today.
Economic data released today:
New York Empire State Manufacturing Index:
New York Fed's June Manufacturing Index fell 9.41 versus a drop of 4.55 in May;
New York Fed's June Employment down 21.84 versus down 23.86 in May;
New York Fed June new orders down 8.15 versus down 9.01 in May;
New York Fed Prices Receive down 12.64 versus down 27.27 in May.
Treasury International Capital (TIC) Data for April:
U.S. Department of the Treasury today released Treasury International Capital (TIC) data for April 2009. Net foreign purchases of long-term securities were $11.2 billion. Net foreign purchases of long-term U.S. securities were $34.3 billion. Of this, net purchases by private foreign investors were $18.3 billion, and net purchases by foreign official institutions were $16.0 billion. U.S. residents purchased a net $23.0 billion of long-term foreign securities. Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been negative $8.8 billion. Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities decreased $39.4 billion. Foreign holdings of Treasury bills decreased $44.5 billion. Banks' own net dollar-denominated liabilities to foreign residents decreased $5.0 billion. Monthly net TIC flows were negative $53.2 billion. Of this, net foreign private flows were negative $58.4 billion, and net foreign official flows were $5.2 billion.
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 trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) triple digit loss 187.13 points, EOD 8,612.13
NYSE (New York Stock Exchange) triple digit loss 181.35, EOD 5,967.26
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 42.42 points, EOD 1,816.38
S&P 500 (SPX) shed 22.49 points, EOD 923.72
BEL 20 (BEL20) shed 61.21 points, EOD 2,008.98
CAC 40 (CAC40) triple digit loss 106.56 points, EOD 3,219.58
FTSE100 (UKX100) triple digit loss 115.94 points, EOD 4,326.01
NIKKEI 225 (NIK/O) shed 96.15 points, EOD 10,039.67
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 466, declined stock prices 2,625, unchanged stock prices 63, stock prices hitting new highs 9 and stock prices hitting new lows 4. 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: BLK shed 6.92 points, HOD $174.62, LOD $166.15, EOD $169.64; CME shed 9.35 points, HOD $339.80, LOD $331.49, EOD $331.58; AXA shed 1.10 points, HOD $19.66, LOD $18.91, EOD $19.08; POT shed 4.67 points, HOD $114.52, LOD $111.01, EOD $111.34; SFD shed 0.74 points, HOD $11.75, LOD $11.03, EOD $11.18; ICE shed 3.02 points, HOD $114.99, LOD $111.08, EOD $113.08; SKF gain 2.05 points, HOD $41.85, LOD $40.17, EOD $41.56; BNI shed 4.11 points, HOD $76.43, LOD $72.32, EOD $73.25.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 577, declined stock prices 2,156, unchanged stock prices 114, stock prices hitting new highs 14 and stock prices hitting new lows 12. 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: FSLR shed 4.82 points, HOD $182.00, LOD $177.51, EOD $178.98; BIDU gain 3.31 points, HOD $293.77, LOD $281.82, EOD $292.31; GOOG shed 8.07 points, HOD $421.50, LOD $414.00, EOD $416.77; CASY shed 0.18 points, HOD $25.75, LOD $24.50, EOD $25.25; JAZZ gain 1.92 points, HOD $4.85, LOD $3.32, EOD $4.56; RMBS gain 1.74 points, HOD $19.15, LOD $16.90, EOD $19.13; ITRI shed 2.48 points, HOD $59.76, LOD $57.24, EOD $58.32.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 151, declined stock prices 409, unchanged stock prices 43, stock prices hitting new highs 10 and stock prices hitting new lows 2.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 918.75; Change -0.75
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,456; Change -1.25
E-mini DOW $5 (YM) Sept 09: EOD 8,557; Change -7
E-mini S&P MidCap 400 (MF) Sept 09: EOD 580.50; Change -0.80
Nikkei 225 (Yen) Sept 09: EOD 9,830; Change 5
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7245 to U.S. Dollars 1.3802
Japanese Yen 97.81 to U.S. Dollars 0.0102
British Pound 0.6128 to U.S. Dollars 1.6318
Canadian Dollar 1.1329 to U.S. Dollars 0.8827
Swiss Franc 1.0912 to U.S. Dollars 0.9164
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (July 09) shed $1.42, EOD $70.62 per barrel ($US per barrel)
Heating Oil (July 09) shed $0.02, EOD $1.82 a gallon ($US per gallon)
Natural Gas (July 09) gain $0.33, EOD $4.18 per million BTU ($US per mmbtu.)
Unleaded Gas (July 09) gain $0.01, EOD $2.05 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (August 09) shed $13.20, EOD $927.50 ($US per Troy ounce)
Silver (July 09) shed $0.85, EOD $14.03 ($US per Troy ounce)
Platinum (July 09) shed $45.00, EOD $1,213.70 ($US per Troy ounce)
Copper (September 09) shed $0.09, EOD $2.30 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (August 09) shed 1.68, EOD 58.40
Pork Bellies (July 09) gain 0.45, EOD 58.90
Live Cattle (August 09) shed 0.78, EOD 80.83
Feeder Cattle (August 09) shed 0.43, EOD 97.20
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed 20.00, EOD 427.75
Soybeans (November 09) shed 51.75, EOD 1,024.75
BOND MARKET:
2 year EOD 99 10/32, change 6/32, Yield 1.22, Yield change -0.05
5 year EOD 97 26/32, change 18/32, Yield 2.72, Yield change -0.06
10 year EOD 95 5/32, change 21/32, Yield 3.71, Yield change -0.08
30 year EOD 94 30/32, change 2 2/32, Yield 4.56, change -0.08