U.S. Department of Commerce:
U.S. Department of Commerce released better than expected data on new home
sales. Housing starts rose 3.6% to 582,000 in June, it's highest level since
November 2008 and starts of single- family homes rose 14.4% to 470,000 in June.
Building permits also rose by 8.7% to 563,000 it's highest level since December,
building permits are a good indicator of future new construction, which could be
signs that the economy might recover sooner than expected. With houses being at
these low of prices it is attracting more and more people, first time buyers are
receiving a tax credit of 10% of the buying price, with an $8,000 cap. With
reasonably good economic data released, and such strong rallies earlier in the
week it's surprising to see traders standing back cautiously like they have the
past two days. There was some signs of activity in the markets this morning,
with stocks flat lining in the afternoon trading was rather slow, U.S. markets
showed weakness this afternoon with Global markets stronger.
Economic data released today:
Building Permits:
Building Permits rose 8.7% to 563,000 rate in June.
Housing Starts:
U.S. June Housing Starts rose 3.6% to 582,000 compared to consensus of
unchanged; May Housing Starts Revised to a gain of 17.3% from an increase by
17.2%; June Single-Family Starts rose 14.4 striking it's largest rise in four
years.
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) shed 0.46 points, EOD 8,711.36
NYSE (New York Stock Exchange)
shed 4.94, EOD 6,038.11
National Association of Securities Dealers Automated Quotations (NASDAQ)
shed 1.58 points, EOD 1,886.61
S&P 500 (SPX) shed 3.9 points, EOD 936.84
BEL 20 (BEL20) shed 1.44 points, EOD 2,083.11
CAC 40 (CAC40) gain 18.78 points, EOD 3,218.46
FTSE100 (UKX100) gain 26.91 points, EOD 4,388.75
NIKKEI 225
(NIK/O) gain 51.16 points, EOD 9,395.32
New York Stock Exchange (NYSE) stock
market indicators for the trading session today:
Advanced stock prices 1,378, declined stock prices 1,671, unchanged
stock prices 101, stock prices hitting new highs 43 and stock prices
hitting new lows 9. 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: IBM gain 4.78, EOD 115.53, LOD 113.16, EOD
115.42; TPX gain 0.57, EOD 14.09, LOD 13.18, EOD 13.61; CME gain 2.07,
EOD 278.42, LOD 269.36, EOD 274.55; WL shed 2.65, EOD 12.97, LOD 10.16,
EOD 10.19; RTP gain 3.96, EOD 145.74, LOD 139.13, EOD 145.21; MOS shed
0.42, EOD 54.36, LOD 48.35, EOD 49.56; AOS gain 3.46, EOD 39.70, LOD
36.65, EOD 39.00; WHR shed 0.32, EOD 56.47, LOD 53.63, EOD 54.08; HNT
gain 1.09, EOD 13.82, LOD 12.30, EOD 13.47; POT shed 0.29, EOD 93.93,
LOD 89.72, EOD 91.29.
National Association of Securities Dealers Automated Quotations
(NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,117, declined stock prices 1,558, unchanged stock
prices 137, stock prices hitting new highs 64 and stock prices hitting
new lows 19. 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:
ANGO shed 1.85, EOD 11.69, LOD 11.12, EOD 11.15; BIDU shed 0.90, EOD
323.69, LOD 316.21, EOD 321.60; PBCT shed 0.43, EOD 15.89, LOD 15.15,
EOD 15.31; CBST gain 0.93, EOD 18.48, LOD 17.31, EOD 18.24; FSLR shed
0.63, EOD 147.44, LOD 143.00, EOD 144.55; GOOG shed 12.35, EOD 435.48,
LOD 426.70, EOD 430.25
Market trends on the
American Stock Exchange (AMEX) and stock market indicators for
the trading session today:
Advanced stock prices 256, declined stock
prices 264, unchanged stock prices 70, stock prices hitting new highs 7
and stock prices hitting new lows 7.
Chicago Board of Trade Futures
Market
for the day, at time of this posting:
E-mini S&P 500 (ES) Sept
09:
EOD 933.50; Change -2.25
E-mini NASDAQ-100 (NQ) Sept
09:
EOD 1,519.50; Change 6.75
E-mini DOW $5 (YM) Sept
09:
EOD 8,664; Change -5
E-mini S&P MidCap 400 (MF) Sept
09:
EOD 586.00; Change -1.60
Nikkei 225 (Yen) Sept
09:
EOD 9,445; Change 15
World Currencies for the Forex Market,
for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7089 to U.S. Dollars 1.4107
Japanese Yen 94.2600 to U.S. Dollars 0.0106
British Pound 0.6118 to U.S. Dollars 1.6347
Canadian Dollar 1.1176 to U.S. Dollars 0.8948
Swiss Franc 1.0762 to U.S. Dollars 0.9292
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (August 09) gain $1.54, EOD
$63.56 per barrel ($US per barrel)
Heating Oil (September 09) gain $0.04, EOD
$1.68 a gallon ($US per gallon)
Natural Gas (September 09) no change $0.00, EOD
$3.82 per million BTU ($US per mmbtu.)
Unleaded Gas (August 09) gain $0.06, EOD
$1.77 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (August 09) gain $2.10, EOD
$937.50 ($US per Troy ounce)
Silver (September 09) gain $0.17, EOD
$13.40 ($US per Troy ounce)
Platinum (October 09) gain $6.80, EOD
$1,176.10 ($US per Troy ounce)
Copper (September 09) gain $0.03, EOD
$2.42 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per
lb.):
Lean Hogs (October 09) gain $0.08, EOD $60.55
Pork Bellies (August 09) gain $1.78, EOD $63.83
Live Cattle (October 09) gain $0.53, EOD $91.95
Feeder Cattle (August 09) gain $0.70, EOD $104.60
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) gain $6.25, EOD $331.50
Soybeans (November 09)
gain $33.50, EOD $923.50
BOND MARKET:
2 year
EOD 100 8/32, change 0, Yield 0.99, Yield change 0.01
5 year
EOD 100 18/32, change -8/32, Yield 2.50, Yield change 0.06
10 year
EOD 95 24/32, change -18/32,
Yield 3.65, Yield change 0.08
30 year
EOD 95 16/32, change -1 8/32,
Yield 4.52, change 0.08
Access upcoming scheduled economic data anytime by viewing the
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