Job Market

Daily Market Commentary for December 4, 2009

Job Market

Investors finally got the news they were looking for this morning when the Labor Department released it's highly anticipated report on the U.S. job market. (Read more at Millennium-Traders.Com)

Economic data released today:

Nonfarm Payrolls:
U.S. November Nonfarm Payrolls fell 11K; compared to consensus of a decrease by 125K; U.S. November Manufacturing Payrolls fell 41K; Service-Producing rose 58K; U.S. October Payrolls Revised to fall 111K from a decrease by 190K.

Unemployment Rate:
U.S. November Unemployment Rate 10.0%; compared to consensus 10.2%; U.S. October Unemployment Left Unrevised at 10.2%.

Average Hourly Earnings:
U.S. November Average Hourly Earnings rose $0.01 to $18.74.

Average Weekly Hours:
U.S. November Overall Workweek rose 0.2 hour to 33.2 hours.

Factory Orders:
U.S. Factory Orders rose 0.6% in October; compared to consensus of Unchanged; October Factory Orders, Excluding Transportation, rose 0.5%; October Factory Orders, Excluding Defense, rose 1.1%; October Durable Goods Unrevised at -0.6%; September Factory Orders Revised to rise 1.6% from an increase by 0.9%.

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 21.77 points, EOD 10,387.92
NYSE (New York Stock Exchange) gain 24.48, EOD 7,181.53
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 21.11 points, EOD 2,194.25
S&P 500 (SPX) gain 5.75 points, EOD 1,105.67
BEL 20 (BEL20) gain 13.7 points, EOD 2,538.84
CAC 40 (CAC40) gain 47.51 points, EOD 3,846.62
FTSE100 (UKX100) gain 9.36 points, EOD 5,322.35
NIKKEI 225 (NIK/O) gain 91.98 points, EOD 10,022.59

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,164 declined stock prices 914, unchanged stock prices 99, stock prices hitting new highs 283 and stock prices hitting new lows 11. 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: CME gain 0.62, HOD 335.00, LOD 325.06, EOD 330.63; RTP shed 2.30, HOD 216.75, LOD 205.33, EOD 207.90; MA gain 5.17, HOD 243.16, LOD 235.51, EOD 241.33; BLK shed 1.51, HOD 229.01, LOD 216.30, EOD 223.49; REG gain 0.53, HOD 34.14, LOD 31.65, EOD 33.51; EDC gain 2.10, HOD 143.13, LOD 131.37, EOD 135.90; MAN gain 5.39, HOD 58.02, LOD 52.46, EOD 56.77; POT shed 3.15, HOD 123.86, LOD 115.15, EOD 117.06; BIG gain 4.54, HOD 28.08, LOD 26.74, EOD 28.08; STE shed 4.17, HOD 33.00, LOD 25.65, EOD 29.14.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 2,018, declined stock prices 718, unchanged stock prices 135, stock prices hitting new highs 142 and stock prices hitting new lows 34. 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: ISRG gain 3.34, HOD 294.73, LOD 286.87, EOD 292.00; FSLR gain 1.50, HOD 133.44, LOD 126.31, EOD 129.62; MRVL gain 1.53, HOD 18.20, LOD 17.44, EOD 18.06; DMND shed 1.46, HOD 31.28, LOD 29.17, EOD 30.27; TTWO shed 3.18, HOD 7.96, LOD 7.00, EOD 7.74; MENT shed 0.03, HOD 8.30, LOD 7.81, EOD 8.25; AAPL shed 3.16, HOD 199.88, LOD 190.28, EOD 193.32; SEED gain 0.34, HOD 12.67, LOD 11.43, EOD 11.60; NLST gain 0.15, HOD 4.84, LOD 4.31, EOD 4.51; BIDU shed 2.57, HOD 435.45, LOD 422.05, EOD 425.32.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 256, declined stock prices 257, unchanged stock prices 57, stock prices hitting new highs 20 and stock prices hitting new lows 9.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Dec 09: EOD 1104.75; Change 6.75
E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,791.50; Change 11.25
E-mini DOW $5 (YM) Dec 09: EOD 10,377; Change 25
E-mini S&P MidCap 400 (MF) Dec 09: EOD 700.80; Change 10.30
Nikkei 225 (Yen) Dec 09: EOD 10,210; Change 295

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6737 U.S. Dollars 1.4843
Japanese Yen 90.4900 to U.S. Dollars 0.0111
British Pound 0.6080 to U.S. Dollars 1.6447
Canadian Dollar 1.0580 to U.S. Dollars 0.9452
Swiss Franc 1.0169 to U.S. Dollars 0.9834

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (January 10) shed $0.99, EOD $75.47 per barrel ($US per barrel)
Heating Oil (January 10) shed $0.02, EOD $2.03 a gallon ($US per gallon)
Natural Gas (January 10) gain $0.13, EOD $4.59 per million BTU ($US per mmbtu.)
Unleaded Gas (January 10) shed $0.02, EOD $1.98 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 10) shed $49.30, EOD $1,169.00 ($US per Troy ounce)
Silver (March 10) shed $0.61, EOD $18.52 ($US per Troy ounce)
Platinum (January 10) shed $44.00, EOD $1,449.70 ($US per Troy ounce)
Copper (March 10) shed $0.01, EOD $3.23 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 10) gain $1.45, EOD $66.75
Pork Bellies (February 10) gain $1.73, EOD $82.80
Live Cattle (February 10) gain $0.30, EOD $82.80
Feeder Cattle (January 10) gain $0.25, EOD $93.35

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (march 10) shed $12.25, EOD $388.50
Soybeans (January 10) shed $4.00, EOD $1,044.50

BOND MARKET:
2 year EOD 99 26/32, change -7, Yield 0.84, Yield change 0.12
5 year EOD 99 13/32, change -19/32, Yield 2.24 Yield change 0.12
10 year EOD 99 4/32, change -27/32, Yield 3.47, Yield change 0.10
30 year EOD 99 13/32, change -1 9/32, Yield 4.41, change 0.08

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