Home
Login Register
Others   

DOW

 Post Reply 8301-8312 of 8312
 
mirage     21-Jun-2007 09:07  
Contact    Quote!


DOW down 146 pts. to 13,489.42 20th June 2007

 

QUOTES:
Stocks log heavy losses as bond yields move higher
Dow loses almost 150 pts; Yields offset positive corporate news stories
Last Update: 4:25 PM ET Jun 20, 2007
 -- U.S. stocks closed sharply lower Wednesday, with the Dow Jones Industrial Average suffering a nearly 150-point loss, after rising bond yields dented enthusiasm over falling oil prices, blow-out earnings from Morgan Stanley, and a $22.5 billion share buy-back from Home Depot Inc.
"The major averages fell into the red in midday action as a bond yields rose towards their best levels of the day," said Frederic Ruffy, analyst at Optionetics. "With no economic news to help guide trading, bonds fell early in the day on profit-taking."
Chart of $INDU
The Dow Jones Industrial Average ($INDU :
Dow Jones Industrial Average
Last: 13,489.42-146.00-1.07%
4:30pm 06/20/2007
Delayed quote data
Sponsored by:
$INDU13,489.42, -146.00, -1.1%) closed down 146 points at 13,489.42, as 24 of its 30 components retreated, led by the likes of JP Morgan Chase & Co. (JPM :
jp morgan chase & co com
Last: 49.46-1.39-2.73%
8:12pm 06/20/2007
Delayed quote data
Sponsored by:
JPM49.46, -1.39, -2.7%) , McDonald's Corp. (MCD :
McDonald's Corporation
Last: 51.33-1.15-2.19%
8:13pm 06/20/2007
Delayed quote data
Sponsored by:
MCD51.33, -1.15, -2.2%) , Merck & Co. (MRK :
Merck & Co., Inc
Last: 49.26-1.06-2.11%
8:14pm 06/20/2007
Delayed quote data
Sponsored by:
MRK49.26, -1.06, -2.1%) , and Pfizer Inc. (PFE :
Pfizer Inc
Last: 25.71-0.50-1.91%
8:16pm 06/20/2007
Delayed quote data
Sponsored by:
PFE25.71, -0.50, -1.9%) .
Exxon Mobil Corp. (XOM :
exxon mobil corp com
Last: 82.82-3.02-3.52%
8:21pm 06/20/2007
Delayed quote data
Sponsored by:
XOM82.82, -3.02, -3.5%) fell the hardest, losing 3.5% as crude oil fell.
Leading the gains among blue chips, shares of Home Depot (HD :
Home Depot, Inc
Last: 40.03+1.76+4.60%
8:10pm 06/20/2007
Delayed quote data
Sponsored by:
HD40.03, +1.76, +4.6%) surged 4.6% after the home-improvement announced it would buy back up to $22.5 billion of its own shares.
The S&P 500 index ($SPX :
S&P 500 Index
Last: 1,512.84-20.86-1.36%
4:59pm 06/20/2007
Delayed quote data
Sponsored by:
$SPX1,512.84, -20.86, -1.4%) fell 20.86 points to 1,512.84 while the Nasdaq Composite (COMP :
Nasdaq Composite Index
Last: 2,599.96-26.80-1.02%
8:00pm 06/20/2007
Delayed quote data
Sponsored by:
COMP2,599.96, -26.80, -1.0%) lost 26.8 points to 2,599.96.
"There might be some near-term weakness because of the slowdown in summertime trading and a little less conviction one way or another," Robert Pavlik, chief investment officer at Oaktree Asset Management, tells MarketWatch. Pavlik says stocks will probably pull back some 3-5% this summer.  Listen to Pavlik.
Trading volumes showed 1.672 billion shares exchanging hands on the New York Stock Exchange and 2.034 billion on the Nasdaq stock market. Declining issues topped gainers by more than 3 to 1 on the NYSE and by 21 to 8 on the Nasdaq.
Oil pulls back, yields rise
Crude-oil futures fell sharply after weekly data showed a surprise build in crude oil and gasoline inventories. A barrel fell 68 cents to close at $68.86. See Futures Movers.
Rising oil prices had grabbed investor attention in recent session as a barrel topped $69 amid concerns over production from Nigeria and refining capacity in the U.S.
But Wednesday's fall couldn't offset concerns over higher bond yields. Rising yields have also pressured the stock market over the past couple of weeks, as they provide a risk-free alternative to stocks, while also raising borrowing costs for consumers and businesses.
On Wednesday, the benchmark 10-year Treasury bond reversed early gains to finished down 10/32 at 95 6/32, lifting its yield ($TNX :
CBOE 10-Year Treasury Yield Index
Last: 51.23+0.37+0.73%
2:59pm 06/20/2007
Delayed quote data
Sponsored by:
$TNX51.23, +0.37, +0.7%) to 5.125%. See Bonds.
Since last week, the bond market had regained some ground, sending yields lower and boosting the stock market.
"Interest rates moving back down closer to 5% is a big part of the story, helping to explain why we're seeing more money flows into U.S. equities over the past week," said Owen Fitzpatrick, head of the U.S. equity group at Deutsche Bank.
Chart of $TNX
Earnings
Investors are also starting to monitor earnings, which are starting to trickle through before the official reporting season begins in July.
 
 
mirage     17-May-2007 09:14  
Contact    Quote!
DOW JONES UP by 103.69 pts or 0.77% to 13,487.53.
 
 
mirage     17-May-2007 00:23  
Contact    Quote!


Market Summary 		USA AMERICAS EUROPE ASIA CURRENCIES NEW

Major Market Indexes
Industry Indexes
International Indexes
Sector Performance
Rates
DJIA 13,416.42    +32.58    +0.24%
Nasdaq 2,529.53    +4.24    +0.17%
S&P 500 1,505.76    +4.57    +0.30%
Dow Util 531.64    +1.74    +0.33%
NYSE 9,773.64    +8.91    +0.09%
AMEX 2,252.39    +2.00    +0.09%
Russell 2000 813.21    -0.97    -0.12%
Semcond 494.57    -3.51    -0.70%
Gold future 667.80    -6.70    -0.99%
30-Year Bond 4.88%    -0.01    -0.12%
10-Year Bond 4.71%    -0.00    -0.08%


 

SGT 12:20am May 17, 2007 Dow IS UP 32.58 pts to 13,416.42
 

 
mirage     17-May-2007 00:13  
Contact    Quote!
Quotes:
12:08am May 17, 2007
Market Summary USA AMERICAS EUROPE ASIA CURRENCIES NEW

Major Market Indexes
Industry Indexes
International Indexes
Sector Performance
Rates
DJIA 13,412.85    +29.01    +0.22%
Nasdaq 2,527.74    +2.45    +0.10%
S&P 500 1,505.32    +4.13    +0.28%
Dow Util 531.52    +1.62    +0.31%
NYSE 9,771.17    +6.44    +0.07%
AMEX 2,253.10    +2.71    +0.12%
Russell 2000 812.85    -1.33    -0.16%
Semcond 494.19    -3.89    -0.78%
Gold future 667.50    -7.00    -1.04%
30-Year Bond 4.88%    -0.01    -0.12%
10-Year Bond 4.71%    -0.00    -0.08%
U.S. stocks rise after economic data
Citigroup leads Dow's gains after hedge-fund manager buys 15 million shares
By
Last Update: 11:56 AM ET May 16, 2007