Stock Markets Review

USA stock market daily report by Millenium Traders (July 2, 2009, Thursday, 10.30 p.m. GMT)

Date: 2 July 2009

Economists thought that job losses would be around 360,000 for the month of June, but when jobs report came in today they plummeted to a staggering 467,000. This just goes to prove that the road to recovery is going to be a long bumpy one, even though all signs pointed towards a turnaround. Job losses took a toll on the market today, "There's more and more evidence mounting against this rally continuing," said Doug De Groote, a managing director at United Wealth Management. Consumers are likely to lead the nation out of the ongoing recession, but that won't happen if more people are losing their jobs, De Groote added. Jobs aren't just suffering here in the U.S., Europe reported their biggest job loss in 10 years, experts say this is part of the market recovery, and expect the unemployment rate to reach 11% before we start to see any kind of improvement. "It is definitely the big elephant in the room," Phil Flynn, vice president at PFG BEST Research, said to Market Watch about the jobs data. "It's confirming what we saw earlier in the week with the dropping consumer confidence. (It's) another sign that the optimism of an economic recovery was a bit ahead of itself."  The markets will be closed on Friday due to the 4th of July holiday.

 


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 219.85 points, EOD 8,284.21
NYSE (New York Stock Exchange) triple digit loss 176.26, EOD 5,778.75
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 49.2 points, EOD 1,796.52
S&P 500 (SPX) shed 26.33 points, EOD 897.00

BEL 20 (BEL20) shed 35.93 points, EOD 2,038.05
CAC 40 (CAC40) triple digit loss 100.59 points, EOD 3,116.41
FTSE100 (UKX100) triple digit loss 106.44 points, EOD 4,234.27

NIKKEI 225 (NIK/O) shed 18.51 points, EOD 9,939.93

 

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 592, declined stock prices 2,448, unchanged stock prices 97, stock prices hitting new highs 17 and stock prices hitting new lows 7.

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: RTP shed 5.49, HOD 159.80, LOD 156.00, EOD 158.49; MOS gain 1.60, HOD 46.50, LOD 43.13, EOD 45.40; ELN gain 0.60, HOD 8.59, LOD 7.58, EOD 7.60; POT gain 5.10, HOD 97.75, LOD 89.13, EOD 96.00; CME shed 6.82, HOD 306.98, LOD 300.36, EOD 301.45; EOG shed 2.81, HOD 65.78, LOD 63.83, EOD 64.23; STJ shed 1.42, HOD 40.41, LOD 39.23, EOD 39.27.

 

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 463, declined stock prices 2,257, unchanged stock prices 100, stock prices hitting new highs 15 and stock prices hitting new lows 14. 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 1.09, HOD 157.99, LOD 151.40, EOD 154.20; RIMM gain 0.57, HOD 75.56, LOD 74.50, EOD 74.87; ILMN shed 4.68, HOD 34.29, LOD 32.50, EOD 33.46; GOOG shed 10.50, HOD 415.41, LOD 406.81, EOD 408.49; BIDU shed 5.57, HOD 293.26, LOD 287.80, EOD 289.50; AAPL shed 2.81, HOD 142.83, LOD 139.79, EOD 140.02; MTXX gain 1.00, HOD 7.74, LOD 5.31, EOD 6.48.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 181, declined stock prices 338, unchanged stock prices 59, stock prices hitting new highs 8 and stock prices hitting new lows 3.


Chicago Board of Trade Futures Market for the day, at time of this posting:

E-mini S&P 500 (ES) Sept 09: EOD 894.75; Change -24.50

E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,447.75; Change -31.00
E-mini DOW $5 (YM) Sept 09: EOD 8,252; Change -196
E-mini S&P MidCap 400 (MF) Sept 09: EOD 566.80; Change -15.60

Nikkei 225 (Yen) Sept 09: EOD 9,690; Change -310


World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7141 to U.S. Dollars 1.4003
Japanese Yen 95.8500 to U.S. Dollars 0.0104
British Pound 0.6098 to U.S. Dollars 1.6398
Canadian Dollar 1.1610 to U.S. Dollars 0.8613
Swiss Franc 1.0838 to U.S. Dollars 0.9227


COMMODITY MARKETS:


Energy Sector - Nymex:

Light Crude (August 09) shed $2.58, EOD $66.73 per barrel ($US per barrel)
Heating Oil (August 09) shed $0.06, EOD $1.71 a gallon ($US per gallon)
Natural Gas (August 09) shed $0.18, EOD $3.62 per million BTU ($US per mmbtu.)
Unleaded Gas (August 09) shed $0.07, EOD $1.79 a gallon ($US per gallon)

 

Metals Markets - Comex:
Gold (August 09) shed $10.30, EOD $931.00 ($US per Troy ounce)
Silver (September 09) shed $0.35, EOD $13.41 ($US per Troy ounce)
Platinum (October 09) shed $11.80, EOD $1,193.30 ($US per Troy ounce)
Copper (September 09) shed $0.03, EOD $2.31 ($US per pound)

 

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (August 09) gain $0.45, EOD $61.75
Pork Bellies (August 09) shed $1.85, EOD $54.18
Live Cattle (August 09) shed $0.88, EOD $84.88
Feeder Cattle (August 09) shed $0.33, EOD $103.45

 

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $11.75, EOD $357.50

Soybeans (November 09) shed $9.50, EOD $1,006.00

 

BOND MARKET:

 

2 year EOD 100 8/32, change 3/32, Yield 0.98, Yield change -0.06
5 year EOD 100 29/32, change 12/32, Yield 2.43, Yield change -0.08
10 year EOD 96 28/32, change 10/32, Yield 3.50, Yield change -0.03
30 year EOD 98 26/32, change 5/32, Yield 4.32, change -0.01

 



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