Dow Jones Index

reports — Mon, 16 Jun 2008 14:56:13 GMT

Daily Market Commentary for June 16, 2008 from [url="http://www.millennium-traders.com"]Millennium-Traders.Com[/url]

The DOW couldn't grab a hold of anything to move into positive territory today and ended the session negative to the trading day. A listless trading session assisted stocks to end generally flat as we began a fresh new trading week. ([url="http://www.millennium-traders.com/news/newscommentary.aspx"]read more[/url])

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the U.S. Markets:

DOW (Dow Jones Industrial Average) loss of 38.27 points on the day to end the session at 12,269.08
NYSE (New York Stock Exchange) gain of 24.65 points to end the session at 9,087.88
NASDAQ gain of 20.28 points for a close at 2,474.78
S&P 500 gain of 0.11 points for a close at 1,360.14
FTSE All-World ex-U.S. gain of 1.54 points to close at 242.94
FTSE RAFI 1000 gain of 10.16 points for a close at 5,387.08
BEL 20 loss of 21.81 points to close at 3,566.60
CAC 40 loss of 24.56 points to close at 4,657.74
FTSE100 loss of 8.2 points to close at 5,794.6
NIKKEI 225 triple digit gain of 380.7 points to close at 14,354.4

News on the New York Stock Exchange (NYSE) today: advanced stocks 1,894; declined stocks 1,258; unchanged stocks 98; stocks hitting new highs 61; stocks hitting new lows 76. Daily Trading Range and end of day trading results for volatile stocks on the NYSE traded by active Day Traders today: Lehman Brothers Holdings Incorporated (NYSE: LEH) gained 1.39 points on the trading day, high on the trading day $28.21, low on the trading day $25.60 for a closing price at $27.20; Fresh Del Monte Produce Incorporated (NYSE: FDP) shed 5.42 points on the trading day, high on the trading day $31.83, low on the trading day $23.92 for a closing price at $26.46; Pilgrim's Pride Corporation (NYSE: PPC) shed 1.55 points on the trading day, high on the trading day $17.39, low on the trading day $15.67 for a closing price at $16.84; Energy East Corporation (NYSE: EAS) shed 4.00 points on the trading day, high on the trading day $26.83, low on the trading day $22.32 for a closing price at $22.75; Lorillard Incorporated (NYSE: LO) shed 2.01 points on the trading day, high on the trading day $73.15, low on the trading day $70.35 for a closing price at $70.75; Potash Corporation Saskatchewan (NYSE: POT) gained 4.00 points on the trading day, high on the trading day $232.74, low on the trading day $227.60 for a closing price at $230.13; MasterCard Incorporated (NYSE: MA) gained 2.01 points on the trading day, high on the trading day $299.00, low on the trading day $289.00 for a closing price at $294.47; Goldman Sachs Group Incorporated (NYSE: GS) gained 3.80 points on the trading day, high on the trading day $184.75, low on the trading day $176.61 for a closing price at $182.09.

News on the NASDAQ today: advanced stocks 1,682 declined stocks 1,200; unchanged stocks 141; stocks hitting new highs 50; stocks hitting new lows 100. Trading range and end of day trading results for volatile NASDAQ stocks traded by active Day Traders today: ACADIA Pharmaceuticals Incorporated (NasdaqGS: ACAD) shed 3.66 points on the trading day, high on the trading day $5.03, low on the trading day $4.30 for a closing price at $4.183; Apollo Group Incorporated (NasdaqGS: APOL) shed 0.90 points on the trading day, high on the trading day $52.45, low on the trading day $50.47 for a closing price at $51.33; Perfect World Company Limited (NasdaqGS: PWRD) gained 0.52 points on the trading day, high on the trading day $26.18, low on the trading day $24.82 for a closing price at $25.67; First Solar, Incorporated (NasdaqGS: FSLR) gained 2.72 points on the trading day, high on the trading day $281.33, low on the trading day $274.50 for a closing price at $277.11; Apple Incorporated (NasdaqGS: AAPL) gained 4.43 points on the trading day, high on the trading day $177.90, low on the trading day $169.07 for a closing price at $176.80.

News on the American Stock Exchange (AMEX) today: advanced stocks 721; declined stocks 450; unchanged stocks 82; stocks hitting new highs 24; stocks hitting new lows 26.

Treasury International Capital (TIC) data for April 2008 released today: Net foreign purchases of long-term securities were $115.1 billion. Net foreign purchases of long-term U.S. securities were $104.8 billion. Of this, net purchases by private foreign investors were $63.5 billion, and net purchases by foreign official institutions were $41.3 billion. U.S. residents sold a net $10.3 billion of long-term foreign securities. Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been $102.8 billion. Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities decreased $17.2 billion. Foreign holdings of Treasury bills increased $3.3 billion. Banks' own net dollar-denominated liabilities to foreign residents declined $25.0 billion. Monthly net TIC flows were $60.6 billion. Of this, net foreign private flows were $31.5 billion, and net foreign official flows were $29.1 billion.

Commodities Markets
Energy Sector: Light Crude (NYM) shed $0.25 on the day to close at $134.61 a barrel ($US per bbl.); Heating Oil (NYM) shed $0.01 on the day to close at $3.83 a gallon ($US per gal.); Natural Gas (NYM) gained $0.31 on the day to close at $12.93 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.02 on the day to close at $3.44 a gallon ($US per gal.).

Metals Markets: Gold (CMX) gained $13.20 to close at $886.30 ($US per Troy oz.); Silver (CMX) gained $0.67 to close at $17.23 ($US per Troy oz.); Platinum (NYM) gained $13.70 on the day to close at $2,050.70 ($US per Troy oz.) and Copper (CMX) gained $0.07 on the day to close at $3.66 ($US per lb.).

Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 0.18 to close at 74.98; Pork Bellies (CME) shed 0.78 to close at 73.13; Live Cattle (CME) gained 1.18 to close at 103.45; Feeder Cattle (CME) gained 0.50 to close at 109.65.

Other Commodities (cents per bu.): Corn (CBT) closed with no change at 765.00 and Soybeans (CBT) shed 8.00 to close session at 1,523.00.

Bond action for the day: 2 year bond closed with no change at 99 7/32 with a Yield of 3.03, Yield Change 0.00; 5 year bond shed 3/32 to close at 98 28/32 with a Yield of 3.74, Yield Change +0.02; 10 year bond shed 2/32 to close at 96 28/32 with a Yield of 4.26, Yield Change +0.01; the 30 year bond shed 1/32 to close at 93 15/32 on the day with a Yield of 4.78, Yield Change 0.00.

The e-mini Dow $5 ended the commodity session today at 12,275 with a loss of 27 points on the trading session. Futures Traders should review workshops available at the CBOT (Chicago Board of Trade). Educational in-person seminars schedules available on the CBOT (Chicago Board of Trade) website.

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