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Reply #72: For the record, here's the closing info (Look at the poor buck) [View All]

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54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-25-04 10:00 PM
Response to Original message
72. For the record, here's the closing info (Look at the poor buck)
Dow 9,749.99 -7.82 (-0.08%)
Nasdaq 1,914.04 -1.10 (-0.06%)
S&P 500 1,094.80 -0.94 (-0.09%)

10-yr Bond 3.972% -0.012
30-yr Bond 4.754% -0.007

NYSE Volume 1,377,640,000
Nasdaq Volume 1,613,553,000

Close: The major indices never could never get off the ground today as traders remained preoccupied with disturbing geopolitical developments, earnings reports, and currency trends... The dollar fell for its 9th day in a row - marking its longest drop since 2000 - as another record high for crude oil (reached in pre-market trading) suggested a slowdown to the US economy's growth rate... The Asian (Tokyo's Nikkei -1.8%) and European (France's CAC 40 -2.1%) indices sold off hardily due in part to this, and laid the groundwork for the US market's lower open...
Stocks traded in choppy fashion as conviction - as evidenced by the low volume totals - remained weak among traders... Worries about the impending Presidential election and the state of the Mideast (i.e. an ambush Saturday evening that killed 50 Iraqi troops) also kept buying interest in check... Banking, biotech, retail, telecom service, and household product all pressured the market to the downside - the latter due to a Q3 (Sept) earnings miss from Kimberly-Clark (KMB 59.03 -4.03)... Transportation, utility, and homebuilding, however, showed relative strength as it benefited from sector-specific developments...

Delta (DAL 3.78 +0.54) commented that it was near reaching a deal with its pilots union for $1 bln in concessions, TXU Corp (TXU 61.25 +8.44) raised its FY04/FY05 EPS outlooks and quarterly dividend, and September Existing Home Sales crept higher by 6% to 6.75 mln (consensus of 6.54 mln)...NYSE Adv/Dec 1722/1564, Nasdaq Adv/Dec 1667/1400

3:35PM : Indices continue to sport slight losses in what has been a quiet day of trade... The Dow, Nasdaq, and S&P 500 have traded in tight ranges of 68, 14, and 6 points, respectively, as momentum has waned on the part of bulls... Biotech, oil service, retail, telecom, and software have continued to post moderate losses, and have offset gains seen in airline, homebuilding, utility, and basic material... Utility itself has been strong off of TXU Corp's (TXU 60.08 +7.27) raised FY04 and FY05 EPS outlooks and increased quarterly dividend...NYSE Adv/Dec 1727/1517, Nasdaq Adv/Dec 1578/1454

3:00PM : Mixed market going into the last hour of regular session trading... Investors have preferred to hold the course today with questions lingering about crude oil, economic growth, earnings, and the state of Iraq... Corporate accountability also remains a concern, and is highlighted by the recent resignation of Marsh McLennan (MMC 26.44 -0.35) CEO/Chairman Jeffrey Greenberg... Speculation of such a resignation has swirled since Eliot Spitzer accused the company of rigging bids for corporate clients' insurance contracts in a lawsuit dated October 14...

Greenberg will be succeeded by newly named head of Marsh's insurance-brokerage unit, Michael Cherkasky...NYSE Adv/Dec 1765/1468, Nasdaq Adv/Dec 1556/1451

Advances & Declines
NYSE Nasdaq
Advances 1722 (49%) 1667 (51%)
Declines 1564 (45%) 1400 (43%)
Unchanged 177 (5%) 176 (5%)

--------------------------------------------------------------------------------

Up Vol* 664 (48%) 870 (53%)
Down Vol* 699 (50%) 711 (44%)
Unch. Vol* 17 (1%) 33 (2%)

--------------------------------------------------------------------------------

New Hi's 100 62
New Lo's 63 86


US Dollar avoiding 84.77 like the plague!

Last trade 84.87 Change -0.91 (-1.06%)

Settle 84.97 Settle Time 21:36

Open 84.91 Previous Close 85.87

High 85.11 Low 84.83

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  -STOCK MARKET WATCH, Monday 25 October ozymandius  Oct-25-04 07:05 AM   #0 
  - Future's all point Down  LiberalStance   Oct-25-04 07:08 AM   #1 
  - This could be a bad Monday for them day traders  nolabels   Oct-25-04 07:29 AM   #9 
  - Remember the Seaview? Voyage to the bottom of the Sea  lil-petunia   Oct-25-04 07:08 AM   #2 
  - daily dollar watch  UpInArms   Oct-25-04 07:11 AM   #3 
  - Morning UIA and all. Boy that US$ chart was looking pretty ugly  54anickel   Oct-25-04 08:19 AM   #16 
  - I wondered if that Housing Report was going to help  UpInArms   Oct-25-04 09:20 AM   #32 
  - Greenback may dive 20-30% in two years  54anickel   Oct-25-04 09:31 AM   #35 
  - Interest rate disconnect (Gold-buggy, but interesting)  54anickel   Oct-25-04 10:51 AM   #47 
  - Treasurys chalk up weekly gain on rise in oil  UpInArms   Oct-25-04 07:12 AM   #4 
  - Oil prices at high on Norway fear  UpInArms   Oct-25-04 07:13 AM   #5 
  - Crude Oil at $55.25 bbl  UpInArms   Oct-25-04 09:03 AM   #26 
     - Oil hits fresh ground near $56, then falls  UpInArms   Oct-25-04 09:41 AM   #36 
  - Gas Average Tops $2 Per Gallon -Survey  UpInArms   Oct-25-04 07:14 AM   #6 
  - SEC Pounces on Ford and GM, the 800-Pound Gorillas: Doron Levin  UpInArms   Oct-25-04 07:14 AM   #7 
  - Citigroup to shut Japan trust bank, promises oversight  UpInArms   Oct-25-04 07:22 AM   #8 
  - bring in the clowns  UpInArms   Oct-25-04 07:35 AM   #10 
  - I had a dream about the Loonie  Bleachers7   Oct-25-04 07:38 AM   #11 
  - What an incredible "toon" today! Anyone who has worked in a lab will  KoKo01   Oct-25-04 08:02 AM   #12 
  - Good morning all.  ozymandius   Oct-25-04 08:06 AM   #13 
  - Ozy, did you happen to see this thread regarding that CIA report?  54anickel   Oct-25-04 08:49 AM   #22 
     - So Porter Goss is above politics, eh?  ozymandius   Oct-25-04 09:17 AM   #30 
        - You're welcome. I am more than happy to get that thread a bit of extra  54anickel   Oct-25-04 10:39 AM   #46 
  - WrapUp by Tim W. Wood  ozymandius   Oct-25-04 08:14 AM   #14 
  - The cartoon may be the only thing to laugh about today.  0007   Oct-25-04 08:17 AM   #15 
  - pre-opening blather  UpInArms   Oct-25-04 08:21 AM   #17 
  - The word on the street --  ozymandius   Oct-25-04 08:21 AM   #18 
  - "Norway's strike"? - It's NOT A 'STRIKE'! It's a threatened LOCKOUT.  TahitiNut   Oct-25-04 08:25 AM   #19 
     - Thanks for the correction. Do you have a link? n/t  ozymandius   Oct-25-04 09:09 AM   #28 
        - Norwegian oil production faces total paralysis after lock-out threat  54anickel   Oct-25-04 09:16 AM   #29 
        - Even the Reuters wire report that uses 'strike' in the headline ...  TahitiNut   Oct-25-04 10:09 AM   #40 
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  - 9:35 EST markets are open  UpInArms   Oct-25-04 08:36 AM   #21 
  - 9:56 EST numbers and blather  UpInArms   Oct-25-04 08:58 AM   #24 
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  - Housing Report In - 6.75 million vs 6.54 projected  UpInArms   Oct-25-04 09:02 AM   #25 
  - Free enterprise for now  54anickel   Oct-25-04 09:04 AM   #27 
  - Global: Cracked Facade  54anickel   Oct-25-04 09:20 AM   #31 
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  - 11:13 EST numbers and blather  UpInArms   Oct-25-04 10:15 AM   #43 
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  - Who Loses the Most at Marsh? Its Workers  54anickel   Oct-25-04 09:51 AM   #37 
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  - Wall Street Jumps Into the Hedge-Fund Business  54anickel   Oct-25-04 10:07 AM   #39 
  - 11:08 numbers  ozymandius   Oct-25-04 10:12 AM   #41 
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  - 11:52 pre-lunch check  54anickel   Oct-25-04 10:58 AM   #48 
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  - Sinclair down 1.3% ($.09) at 12:30  BUSHOUT   Oct-25-04 11:50 AM   #52 
  - 1:16 and straight line UP  54anickel   Oct-25-04 12:19 PM   #53 
  - pushing the dollar back down  UpInArms   Oct-25-04 12:21 PM   #54 
  - 1:22 EST numbers are all in the black  UpInArms   Oct-25-04 12:25 PM   #56 
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  - Dollar may fall regardless of election  UpInArms   Oct-25-04 12:58 PM   #61 
  - just 'cause I really want the rest of this article  UpInArms   Oct-25-04 01:01 PM   #62 
  - A weak dollar does tend to make US goods cheaper  Chicago Democrat   Oct-25-04 02:13 PM   #66 
     - Unless the US goods are made from imported parts!  htuttle   Oct-25-04 02:16 PM   #67 
        - then you also have to consider  UpInArms   Oct-25-04 02:21 PM   #69 
  - 2:11 EST numbers and blather  UpInArms   Oct-25-04 01:14 PM   #63 
  - What if you held a sucker's rally, but nobody came? - Bwahahaha  54anickel   Oct-25-04 01:59 PM   #65 
  - With all the red ink today in Asia and Europe,  amandabeech   Oct-25-04 04:25 PM   #71 
  - 3:17 EST numbers and blather  UpInArms   Oct-25-04 02:19 PM   #68 
  - Carlyle and China  UpInArms   Oct-25-04 02:30 PM   #70 
  - For the record, here's the closing info (Look at the poor buck)  54anickel   Oct-25-04 10:00 PM   #72 
 

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