Dow Jones Industrial Average Daily Market Commentary for March 2, 2009 from Millennium-Traders.Com
For the first time since 1997, provides the Dow below 7000, closing the session on the final bell to 6,763.29. (Read More)
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Economic data released today:
PCE Price Index:
January PCE Core Price Index rose 0.1% rate in the months January Core PCE price index rose 1.6% on year in January PCE price index rose 0.2% on Rates month, January Core PCE price index rose 0.7% on the year.
Personal Expenses:
The average U.S. rose 0.4% in January compared to a consensus of a drop of 0.3% of U.S. personal spending rose 0.6% in January compared to a consensus of an increase of 0.4% of U.S. personal income in December not revised downwards from 0.2% of U.S. December Expenses not revised downwards by 1.0%.
ISM (Institute for Supply Management) manufacturing index:
U.S. Mfg Business Index came in February to 35.8 versus January reading at 35.6; U.S. February Mfg Business Index expected to come in at 34.0; U.S. price index is read in February compared to 29.0 in January to 29.0 ; U.S. February Employment Index came in at 26.1 compared to 29.9 reading in January, February U.S. New orders index in reading compared to 33.1 to 33.2 in January, U.S. production index in February stood at 36.3 versus January reading at 32.1; U.S. stocks index in February stood at 37.0 versus January reading at 37.5; U.S. ISM Survey ISM generally pessimistic "bounce around 2009; States USA: plants under contract 'rapid rate in February.
Construction Spending:
U.S. Construction spending down 3.3% in January compared to consensus of a drop of 1.8% in December Construction Spending revised down by 2.4% compared to down 1.4% .
At the closing bell on the New York Stock Exchange New York Stock Exchange, here is how the world indices and major U.S. stock indices ended the trading session on global markets and emerging markets, including the price of stock market closing bell:
DOW (Dow Jones Industrial Average) loss of three digits 299.64 points to end the trading session at 6,763.29
NYSE (New York Stock Exchange) loss of three digits 256.05 points to end the trading session at 4,360.98
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 54.99 points to end the trading session at 1,322.85
S & P 500 (SPX) lost 34.27 points to end the trading session at 700.82
BEL 20 (BEL 20) gain of 86.02 points to end the trading session at 1,610.56
CAC 40 (CAC40) loss of three digits 121.02 points to finish the trading session at 2,581.46
FTSE100 (UKX100) loss three digit 204.26 points to finish the trading session at 3,625.83
NIKKEI 225 (NIK / O) lost three digit 288.27 points at the end of the trading session at 7,280.15
New York Stock Exchange (NYSE) stock market indices for the trading session today:
Advanced stock prices 211 declined stock prices 2,943, the unchanged stock prices 53, stock prices reached new highs 4 and stock price hits new lows 632. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading on the stock picks traded on the New York Stock Exchange to Day Trade Stocks online and active Day Trading for those who are or wish to be trading day to live: ProShare Ultrashort S & P 500 (NYSE: SDS) stock price gained 8.70 points on the trading session up 108 $ 32 trading low of $ 101.51 for the session negotiation, with a closing price at $ 107.42, Apache (NYSE: APA) stock price shed 6.74 points on the trading session, high on trading session $ 58.58, low on the $ 52.09 session negotiation, with a closing price at $ 52.35, FTI Consulting (NYSE: ACN) stock price gained 4.84 points on the trading session, the session up $ 42.36 on trading low.
Posted on February 2, 2010.
