Citigroup Inc

Daily Market Commentary for March 29, 2010

Citigroup Inc

This morning, the U.S. Treasury Department announced that they will begin selling all of the shares they bought off of Citigroup Inc. (Read more at Millennium-Traders.Com)

Economic data released today:

Core PCE Price Index (MoM):
February PCE Price Index Unchanged Rate on Month; February PCE Price Index rose 1.8% On Year; February PCE Core Price Index Unchanged Rate on Month; February PCE Core Price Index rose 1.3% On Year.

Personal Income/Spending (MoM):
U.S. January Personal Income Revised to rose 0.3% from an increase by 0.1%; U.S. Personal Spending rose 0.3% in February; compared to consensus of an increase by 0.3%; U.S. Personal Income Unchanged in February; compared to consensus of an increase by 0.1%; U.S. January Spending Revised to rise 0.4% from an increase by 0.5%.

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) rose 45.87 points, EOD 10,896.23
NYSE (New York Stock Exchange) gain 61.33, EOD 7,464.86
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 9.62 points, EOD 2,404.75
S&P 500 (SPX) gain 6.66 points, EOD 1,173.25
BEL 20 (BEL20) gain 8.47 points, EOD 2,665.40
CAC 40 (CAC40) gain 11.73 points, EOD 4,000.66
FTSE100 (UKX100) gain 4.25, EOD 5,677.88
NIKKEI 225 (NIK/O) shed 9.9, EOD 10,986.47

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,111, declined stock prices 991, unchanged stock prices 108, stock prices hitting new highs 209 and stock prices hitting new lows 10. 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: POT shed 0.19, HOD 122.55, LOD 120.01, EOD 120.53; IOC gain 1.97, HOD 65.46, LOD 60.60, EOD 63.98; FAS gain 0.50, HOD 99.66, LOD 96.04, EOD 97.93; MEE gain 3.55, HOD 54.66, LOD 51.41, EOD 54.27; F shed 0.29, HOD 13.88, LOD 13.39, EOD 13.57; ITT gain 1.19, HOD 54.22, LOD 53.46, EOD 53.93.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,565, declined stock prices 1,138, unchanged stock prices 140, stock prices hitting new highs 110 and stock prices hitting new lows 23. 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: AAPL gain 1.49, HOD 233.87, LOD 231.62, EOD 232.39; PCLN gain 3.56, HOD 259.92, LOD 254.39, EOD 255.67; SERV gain 2.25, HOD 7.24, LOD 2.20, EOD 4.47; FSLR gain 2.87, HOD 120.50, LOD 117.30, EOD 119.37; APOL gain 1.88, HOD 65.04, LOD 62.55, EOD 63.16; AMZN gain 0.06, HOD 136.63, LOD 134.33, EOD 135.12; EXPE gain 1.41, HOD 24.87, LOD 22.92, EOD 24.35; SGMS shed 0.11, HOD 14.37, LOD 13.96, EOD 13.96.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 290, declined stock prices 202, unchanged stock prices 42, stock prices hitting new highs 27 and stock prices hitting new lows 4.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1168.50; Change 5.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,958.50; Change 6.75
E-mini DOW $5 (YM) Mar 10: EOD 10,833; Change 35
E-mini S&P MidCap 400 (MF) Mar 10: EOD 791.00; Change 5.80
Nikkei 225 (Yen) Mar 10: EOD 11,055; Change 135

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7418 to U.S. Dollars 1.3500
Japanese Yen 92.4750 to U.S. Dollars 0.0108
British Pound 0.6675 to U.S. Dollars 1.5000
Canadian Dollar 1.0217 to U.S. Dollars 0.9797
Swiss Franc 1.0623 to U.S. Dollars 0.9413

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (May 10) gain $2.17, EOD $82.17 per barrel ($US per barrel)
Heating Oil (May 10) gain $0.04, EOD $2.12 a gallon ($US per gallon)
Natural Gas (May 10) shed $0.03, EOD $3.84 per million BTU ($US per mmbtu.)
Unleaded Gas (May 10) gain $0.05, EOD $2.26 gallon ($US per gallon)

Metals Markets - Comex:
Gold (May 10) gain $6.10, EOD $1,110.30 ($US per Troy ounce)
Silver (May 10) gain $0.47, EOD $17.37 ($US per Troy ounce)
Platinum (May 10) gain $31.90, EOD $1,627.40 ($US per Troy ounce)
Copper (May 10) gain $0.13, EOD $3.53 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (May 10) gain $2.20, EOD $71.88
Pork Bellies (May 10) gain $3.00, EOD $96.70
Live Cattle (May 10) gain $1.35, EOD $95.38
Feeder Cattle (May 10) gain $1.17, EOD $108.38

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) gain $0.75, EOD $357.00
Soybeans (May 10) gain $15.50, EOD $966.00

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