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Jobs

Discussion in 'Forex Daily News & Outlook' started by MTnews, Oct 8, 2009.

  1. MTnews

    MTnews Content Contributor

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    Daily Market Commentary for October 8, 2009

    Jobs

    Today's reports on the labor market improved investors' optimism about the economy's recovery, the amount of jobs lost this week was at its lowest levels since January. (Read more at Millennium-Traders.Com)

    Economic data released today:

    Initial Jobless Claims:
    U.S. Jobless Claims fell 33K to 521K for week of October compared to survey of a decrease by 11K; U.S. Continuing Claims for week of September 26 fell 72K to 6,040,000; U.S. Jobless Claims Revised for week of Sep 26 to 554K from 551K.

    Wholesale Inventories:
    U.S. August Wholesale Inventories fell 1.3% was expected to fall by 1.0%; August Wholesale Sales rose 1.0%; increase is fourth consecutive; August Inventory-To-Sales Ratio 1.20, down from 1.23 in July.

    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) gain 55.70 points, EOD 9,781.28
    NYSE (New York Stock Exchange) gain 78.02, EOD 6,990.67
    National Association of Securities Dealers Automated Quotations (NASDAQ) gain 13.12 points, EOD 2,123.45
    S&P 500 (SPX) gain 7.55 points, EOD 1,065.13
    BEL 20 (BEL20) gain 35.06 points, EOD 2,542.28
    CAC 40 (CAC40) gain 50.4 points, EOD 3,806.81
    FTSE100 (UKX100) gain 45.74 points, EOD 5,154.64
    NIKKEI 225 (NIK/O) unchanged 246.77, EOD 9,731.87

    New York Stock Exchange (NYSE) stock market indicators for the trading session today:
    Advanced stock prices 2,199 declined stock prices 871, unchanged stock prices 84, stock prices hitting new highs 404 and stock prices hitting new lows 5. 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: FAS gain 0.81, HOD 86.93, LOD 83.60, EOD 84.23; KSS gain 1.43, HOD 59.99, LOD 57.56, EOD 59.97; AIG shed 2.15, HOD 47.42, LOD 43.40, EOD 43.75; RIG gain 4.42, HOD 92.60, LOD 88.28, EOD 92.11; CME shed 2.36, HOD 296.10, LOD 186.64, EOD 287.31; MA gain 0.06, HOD 215.45, LOD 210.00, EOD 210.96; FCX gain 2.20, HOD 75.67, LOD 73.15, EOD 74.98; LVS gain 0.93, HOD 18.75, LOD 17.56, EOD 18.28; AET shed 1.20, HOD 26.38, LOD 25.53, EOD 25.86; WLP shed 2.94, HOD 46.75, LOD 44.04, EOD 44.72; AA gain 0.15, HOD 15.11, LOD 14.29, EOD 14.35.

    National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
    Advanced stock prices 1.552, declined stock prices 1,150, unchanged stock prices 112, stock prices hitting new highs 178 and stock prices hitting new lows 11. 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: SVNT shed 1.78, HOD 14.27, LOD 12.20, EOD 13.29; NTAP gain 1.13, HOD 27.91, LOD 26.30, EOD 27.57; BIDU shed 1.13, HOD 419.89, LOD 410.28, EOD 412.67; WYNN gain 2.56, HOD 70.81, LOD 67.54, EOD 69.91; AAPL shed 0.98, HOD 191.45, LOD 188.89, EOD 189.27; GOOG shed 3.36, HOD 523.25, LOD 513.34, EOD 514.18; SHLD gain 0.55, HOD 69.28, LOD 67.57, EOD 67.82; CENX gain 1.11, HOD 11.04, LOD 10.50, EOD 10.76; SCSC gain 0.79, HOD 32.00, LOD 30.28, EOD 30.33.

    Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
    Advanced stock prices 347, declined stock prices 200, unchanged stock prices 51, stock prices hitting new highs 50 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) Dec 09: EOD 1062.75; Change 9.25
    E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,716.75; Change 8.75
    E-mini DOW $5 (YM) Dec 09: EOD 9,744; Change 71
    E-mini S&P MidCap 400 (MF) Dec 09: EOD 694.70; Change 10.20
    Nikkei 225 (Yen) Dec 09: EOD 9,865; Change 100

    World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
    Euro 0.6766 U.S. Dollars 1.4780
    Japanese Yen 88.4500 to U.S. Dollars 0.0113
    British Pound 0.6222 to U.S. Dollars 1.6072
    Canadian Dollar 1.0517 to U.S. Dollars 0.9508
    Swiss Franc 1.0266 to U.S. Dollars 0.9741

    COMMODITY MARKETS:
    Energy Sector - Nymex:
    Light Crude (November 09) gain $2.12, EOD $71.69 per barrel ($US per barrel)
    Heating Oil (November 09) gain $0.07, EOD $1.85 a gallon ($US per gallon)
    Natural Gas (November 09) gain $0.06, EOD $4.96 per million BTU ($US per mmbtu.)
    Unleaded Gas (November 09) gain $0.06, EOD $1.78 a gallon ($US per gallon)

    Metals Markets - Comex:
    Gold (December 09) gain $11.90, EOD $1,056.30 ($US per Troy ounce)
    Silver (December 09) gain $0.32, EOD $17.82 ($US per Troy ounce)
    Platinum (January 09) gain $25.50, EOD $1,353.20 ($US per Troy ounce)
    Copper (December 09) shed $0.12, EOD $2.90 ($US per pound)

    Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
    Lean Hogs (December 09) gain $1.78, EOD $53.53
    Pork Bellies (February 10) gain $2.38, EOD $84.78
    Live Cattle (December 09) gain $0.25, EOD $84.33
    Feeder Cattle (November 09) gain $0.63, EOD $93.80

    Other Commodities - Chicago Board of Trade (cents per bushel):
    Corn (December 09) gain $4.25, EOD $364.00
    Soybeans (November 09) gain $24.00, EOD $936.25

    BOND MARKET:
    2 year EOD 100 7/32, change -1/32, Yield 0.87, Yield change 0.01
    5 year EOD 100 22/32, change -8/32, Yield 2.22, Yield change 0.05
    10 year EOD 103 3/32, change -12/32, Yield 3.25, Yield change 0.07
    30 year EOD 107 13/32, change -1 5/32, Yield 4.06, change 0.06

    Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

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