UpInArms
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Tue May-06-08 09:03 AM
Response to Original message |
| 34. 10:00 EST numbers and check out the CRUDE blather ($129.93 bbl!!!!) |
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Dow 12,879.73 89.81 (0.69%)
Nasdaq 2,448.97 15.15 (0.61%)
S&P 500 1,399.60 7.89 (0.56%)
10-Yr Bond 3.812% 0.033
NYSE Volume 444,587,250
Nasdaq Volume 254,998,953.125
09:40 am : The major indices open on a modestly lower note, with financial companies (-1.7%) acting as the main drag in the early-going.
Fannie Mae (FNM) is fueling the selling interest after reporting a larger than expected loss, cutting its dividend by 30% and announcing it is raising $6 billion in capital. UBS (UBS) is not helping things either, after announcing it is going to sell $15 billion in mortgage assets to BlackRock (BLK), and will eliminate 5,500 jobs.
Meanwhile, crude oil is continuing its record run, hitting as high as $129.93 per barrel. Crude oil prices have since eased a tad, trading up 0.5% to $120.55 per barrel.DJ30 -88.67 NASDAQ -11.89 SP500 -8.41
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| -STOCK MARKET WATCH, Tuesday May 6 |
ozymandius |
May-06-08 05:02 AM |
#0 |
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Market WrapUp: In Who's Best Interest? |
ozymandius |
May-06-08 05:04 AM |
#1 |
  -
Not to slam an entire gender here, but |
TalkingDog |
May-06-08 07:40 AM |
#21 |
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". . . a vague and growing sense of despair." |
Tansy_Gold |
May-06-08 08:17 AM |
#22 |
| -
Would a potential job have healthcare benefits? |
DemReadingDU |
May-06-08 08:22 AM |
#23 |
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Morning Marketeers..... |
AnneD |
May-06-08 08:37 AM |
#24 |
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In tangentially related trivia... |
MilesColtrane |
May-06-08 09:05 AM |
#35 |
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I think you nailed it |
Warpy |
May-06-08 11:43 AM |
#42 |
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the "feminine" takes in a broader view |
kineneb |
May-06-08 01:01 PM |
#45 |
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::sigh:: Dinner conversation tonight |
Tansy_Gold |
May-06-08 09:57 PM |
#49 |
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No goobermental reports today n/t |
ozymandius |
May-06-08 05:05 AM |
#2 |
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Oil hits record $120.93 a barrel on supply woes |
ozymandius |
May-06-08 05:07 AM |
#3 |
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My two pennies. |
ozymandius |
May-06-08 05:10 AM |
#4 |
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$5 gas near, 78% of Americans say |
ozymandius |
May-06-08 05:12 AM |
#5 |
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Indonesia considers quitting OPEC |
ozymandius |
May-06-08 05:19 AM |
#8 |
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An in-depth approach to drilling |
AnneD |
May-06-08 08:48 AM |
#26 |
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Crude rises over $1 to hit new record $121.49 a barrel |
UpInArms |
May-06-08 08:54 AM |
#28 |
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I was pounding my clothes on the rocks..... |
AnneD |
May-06-08 01:01 PM |
#44 |
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Delivery truck driver at local market today said he had |
Tansy_Gold |
May-06-08 10:02 PM |
#50 |
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Swiss bank UBS reports 1Q net loss of $11 billion |
ozymandius |
May-06-08 05:14 AM |
#6 |
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i thought the swiss were smarter than us. |
snot |
May-06-08 05:20 AM |
#9 |
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Greed looks to be the operative defect here. |
ozymandius |
May-06-08 05:45 AM |
#11 |
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Like I said... |
AnneD |
May-06-08 08:43 AM |
#25 |
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Here's the info. It was Deutsche Bank though. |
ozymandius |
May-06-08 09:57 AM |
#40 |
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All those people with secret Swiss bank accounts |
DemReadingDU |
May-06-08 06:19 AM |
#13 |
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UBS axes 5,500 jobs as it sells down subprime |
UpInArms |
May-06-08 07:08 AM |
#16 |
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Will Phil Gramm lose his job? Uh, no, probably not. n/t |
antigop |
May-06-08 08:55 AM |
#29 |
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Federal Reserve reports tighter bank lending standards |
ozymandius |
May-06-08 05:17 AM |
#7 |
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Wall Street seen flat; techs, consumer sector in focus |
ozymandius |
May-06-08 05:22 AM |
#10 |
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Bye for now Marketeers. |
ozymandius |
May-06-08 05:48 AM |
#12 |
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GMAC Buys Time for ResCap Unit as Threat of Bankruptcy Looms |
DemReadingDU |
May-06-08 06:20 AM |
#14 |
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dollar watch |
UpInArms |
May-06-08 07:00 AM |
#15 |
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D.R. Horton (homebuilder) swings to $1.31 billion 2Q loss on impairment charges |
UpInArms |
May-06-08 07:10 AM |
#17 |
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Fannie Mae loses $2.2B in 1Q; warns of "severe weakness" |
UpInArms |
May-06-08 07:32 AM |
#18 |
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Fannie and Freddie 60-to-1 leverage could drive $1 trillion bailout |
Robbien |
May-06-08 08:56 AM |
#30 |
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Do our DU Stock Market Watch sages think this has implications Ginnie Mae? |
enough |
May-06-08 12:10 PM |
#43 |
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Merrill faces gov't requests on auction-rate debt |
UpInArms |
May-06-08 07:35 AM |
#19 |
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Roubini: The Fed is Getting Desperate in Dealing with a Liquidity Crunch |
DemReadingDU |
May-06-08 07:36 AM |
#20 |
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liquidity crunch = Titanic, Fed=tea cup |
kineneb |
May-06-08 01:04 PM |
#46 |
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Marvel sees strength beyond Iron Man |
AnneD |
May-06-08 08:51 AM |
#27 |
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Wachovia nearly doubles 1st-qtr loss |
UpInArms |
May-06-08 08:57 AM |
#31 |
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Food costs likely to boost obesity in poor |
AnneD |
May-06-08 09:01 AM |
#32 |
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And so to today's theme: Them belly full, but they hungry. |
TalkingDog |
May-06-08 01:11 PM |
#47 |
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Buffet vs. the Black Swan |
antigop |
May-06-08 09:01 AM |
#33 |
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10:00 EST numbers and check out the CRUDE blather ($129.93 bbl!!!!) |
UpInArms |
May-06-08 09:03 AM |
#34 |
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Ummm, why -what's the excuse, er, reason this time? Gotta get their mitts on the |
54anickel |
May-06-08 09:15 AM |
#37 |
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I'm really looking forward to driving 700 miles each way tonight. |
Dr.Phool |
May-06-08 09:18 AM |
#38 |
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~10:41 EST: Pretty volatile start.... But, oil is up .... so Yippie! |
Prag |
May-06-08 09:44 AM |
#39 |
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But I thought the |
burf |
May-06-08 10:40 AM |
#41 |
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Buffett bets on developed markets |
antigop |
May-06-08 09:07 AM |
#36 |
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End of the day reportage. Squealing and buying despite the boogery news. |
ozymandius |
May-06-08 04:53 PM |
#48 |
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