Goldman Sachs Company

Daily Market Commentary for April 30, 2010

Goldman Sachs Company

Federal prosecutors reported late Thursday, they launched an investigation to see if Goldman Sachs Company committed securities fraud in relation to its mortgage trading. (Read more at Millennium-Traders.Com)

Economic data released today:

GDP:
U.S. Core PCE Inflation Pressures at Weakest Level Since 1959; Chain-Weighted Price Index rose 0.9% Rate in 1Q; Domestic Purchases Price Index rose 1.7% Rate in 1Q; Core PCE Price Index rose 0.6% Rate in 1Q; Real Final Sales rose 1.6% in 1Q; U.S. GDP rose 3.2% Rate in 1Q; Compared to Consensus of an increase by 3.3%; PCE Price Index rose 1.5% Rate in 1Q.

Employment Cost Index (QoQ):
U.S. 1Q Employment Cost Index rose 0.6%; Compared to Consensus rose 0.4%; U.S. 1Q Employment Cost Index rose 1.7% from Year Ago; U.S. ISM-New York: April Current Business Index 62.2 versus 60.6 March; U.S. 1Q Consumer Spending Expands at Fastest Pace in 3 Years.

Chicago PMI:
U.S. Chicago Purchasing Management Adjusted April Index 63.8 versus March 58.8; U.S. Chicago Purchasing Management April Prices Paid Index 71.4 versus March 66.6; U.S. Chicago Purchasing Management April Supplier Deliveries 64.9; March 57.8; U.S. Chicago Purchasing Management April New Orders Index 65.2 versus March 61.8; U.S. Chicago Purchasing Management April Employment Index 57.2 versus March 53.1.

University of Michigan Consumer Sentiment Index:
End-April Sentiment 72.2; March 73.6; End-April Current Index 81.0; March 82.4; End-April Expectations 66.5; March 67.9; 12-Mo Inflation Forecast rose 2.9%; March rose 2.7%.

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) shed 159.24 points, EOD 11,008.08
NYSE (New York Stock Exchange) shed 114.90, EOD 7,474.39
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 49 points, EOD 2,462.92
S&P 500 (SPX) shed 19.8 points, EOD 1,186.98
BEL 20 (BEL20) shed 0.7 points, EOD 2,560.99
CAC 40 (CAC40) shed 23.63 points, EOD 3,816.99
FTSE100 (UKX100) shed 64.55 points, EOD 5,553.29
NIKKEI 225 (NIK/O) triple digit gain 132.61, EOD 11,057.40

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 841, declined stock prices 2,309, unchanged stock prices 74, stock prices hitting new highs 315 and stock prices hitting new lows 12. 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: GS shed 15.97, HOD 152.50, LOD 143.30, EOD 144.27; CME shed 1.77, HOD 338.50, LOD 329.29, EOD 329.73; MFE shed 4.76, HOD 35.40, LOD 33.92, EOD 34.77; FAS shed 7.60, HOD 107.99, LOD 100.32, EOD 100.91; DLB shed 5.94, HOD 69.05, LOD 66.01, EOD 68.47; WFR shed 2.97, HOD 14.68, LOD 12.92, EOD 12.97.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 633, declined stock prices 2,147, unchanged stock prices 105, stock prices hitting new highs 187 and stock prices hitting new lows 17. 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: WYNN shed 4.91, HOD 93.76, LOD 87.87, EOD 88.24; VPRT shed 7.02, HOD 55.16, LOD 51.04, EOD 51.58; DNDN gain 3.88, HOD 57.67, LOD 53.30, EOD 54.06; ATHR shed 2.55, HOD 41.53, LOD 38.82, EOD 38.84; CSTR shed 6.15, HOD 50.35, LOD 43.94, EOD 44.36; DRIV shed 3.28, HOD 30.60, LOD 27.51, EOD 28.00.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 214, declined stock prices 288, unchanged stock prices 37, stock prices hitting new highs 31 and stock prices hitting new lows 3.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1184.25; Change -21.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,000.00; Change -41.00
E-mini DOW $5 (YM) Mar 10: EOD 10,967; Change -168
E-mini S&P MidCap 400 (MF) Mar 10: EOD 822.20; Change -16.80
Nikkei 225 (Yen) Mar 10: EOD 10,990; Change -85

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7511 to U.S. Dollars 1.3300
Japanese Yen 93.9350 to U.S. Dollars 0.0106
British Pound 0.6536 to U.S. Dollars 1.5300
Canadian Dollar 1.0162 to U.S. Dollars 0.9838
Swiss Franc 1.0762 to U.S. Dollars 0.9291

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (June 10) gain $0.98, EOD $86.15 per barrel ($US per barrel)
Heating Oil (May 10) gain $0.03, EOD $2.29 a gallon ($US per gallon)
Natural Gas (June 10) shed $0.06, EOD $3.92 per million BTU ($US per mmbtu.)
Unleaded Gas (May 10) gain $0.04, EOD $2.40 gallon ($US per gallon)

Metals Markets - Comex:
Gold (May 10) gain $11.70, EOD $1,180.10 ($US per Troy ounce)
Silver (May 10) gain $0.06, EOD $18.61 ($US per Troy ounce)
Platinum (May 10) gain $11.40, EOD $1,745.10 ($US per Troy ounce)
Copper (May 10) gain $0.00, EOD $3.34 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (May 10) gain $1.92, EOD $89.52
Pork Bellies (May 10) gain $1.40, EOD $98.80
Live Cattle (April 10) gain $0.95 EOD $99.92
Feeder Cattle (April 10) gain $0.27, EOD $112.80

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) gain $5.75, EOD $366.25
Soybeans (May 10) gain $3.75, EOD $989.50

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