May Job losses

Daily Market Commentary for June 2, 2010

May Job Losses

Challenger, Gray & Christmas reported today that May job losses were 65% lower than in May 2009. (Read more at Millennium-Traders.Com)

Economic data released today:

MBA Mortgage Applications:
U.S. MBA Refinance Index rose 2.4% at 3,336.9; Last Week 3,257.4; U.S. MBA Purchase Index fell 4.1% at 178.0; Last Week 185.7; U.S. MBA Market Index rose 0.9% at 639.0; Last Week 633.5.

Pending Home Sales (MoM) from NAR:
U.S. Pending Home Sales Index rose 6.0% in April; U.S. Apr Pending Home Sales rose 22.4% from April 2009.

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) triple digit gain 225.22 points, EOD 10,249.24
NYSE (New York Stock Exchange) triple digit gain 178.44, EOD 6,839.54
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 57.28 points, EOD 2,279.61
S&P 500 (SPX) shed 27.85 points, EOD 1,098.56
BEL 20 (BEL20) shed 1.75 points, EOD 2,464.25
CAC 40 (CAC40) shed 1.58 points, EOD 3,501.50
FTSE100 (UKX100) shed 11.98 points, EOD 5,151.32
NIKKEI 225 (NIK/O) shed 108.59 points, EOD 9,603.24

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,651, declined stock prices 475, unchanged stock prices 59, stock prices hitting new highs 35 and stock prices hitting new lows 31. 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: BP gain 1.01, HOD 38.17, LOD 36.47, EOD 37.53; RIG shed 1.77, HOD 50.75, LOD 46.63, EOD 48.27; MA gain 1.26, HOD 201.70, LOD 199.62, EOD 201.65; CME gain 10.38, HOD 322.65, LOD 314.11, EOD 322.01; POT gain 2.44, HOD 99.11, LOD 96.97, EOD 99.11; EOG gain 6.66, HOD 107.58, LOD 100.87, EOD 107.49; PSS shed 1.59, HOD 20.39, LOD 19.22, EOD 19.96.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 2,203, declined stock prices 545, unchanged stock prices 83, stock prices hitting new highs 26 and stock prices hitting new lows 71. 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: CSIQ shed 1.0641, HOD 10.47, LOD 9.25, EOD 10.22; AAPL gain 2.74, HOD 264.80, LOD 260.33, EOD 263.57; UPRO gain 9.77, HOD 139.99, LOD 130.46, EOD 139.96; PCLN gain 4.54, HOD 189.63, LOD 184.10, EOD 189.55; GOOG gain 11.11, HOD 493.87, LOD 481.46, EOD 493.48; UNFI gain 1.72, HOD 32.94, LOD 31.47, EOD 32.77.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 309, declined stock prices 184, unchanged stock prices 40, stock prices hitting new highs 7 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 1096.00; Change 26.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,876.75; Change 45.75
E-mini DOW $5 (YM) Mar 10: EOD 10,223; Change 204
E-mini S&P MidCap 400 (MF) Mar 10: EOD 761.00; Change 20.00
Nikkei 225 (Yen) Mar 10: EOD 9,810; Change 195

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.8166 to U.S. Dollars 1.2200
Japanese Yen 92.1250 to U.S. Dollars 0.0108
British Pound 0.6824 to U.S. Dollars 1.4600
Canadian Dollar 1.0399 to U.S. Dollars 0.9618
Swiss Franc 1.1547 to U.S. Dollars 0.8659

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (July 10) gain $0.28, EOD $72.86 per barrel ($US per barrel)
Heating Oil (June 10) gain $0.03, EOD $2.01 a gallon ($US per gallon)
Natural Gas (July 10) gain $0.17, EOD $4.42 per million BTU ($US per mmbtu.)
Unleaded Gas (June 10) gain $0.05, EOD $2.04 gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 10) shed $4.20, EOD $1,220.60 ($US per Troy ounce)
Silver (June 10) shed $0.23, EOD $18.30 ($US per Troy ounce)
Platinum (June 10) gain $1.00, EOD $1,548.40 ($US per Troy ounce)
Copper (June 10) shed $0.02, EOD $3.03 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 10) shed $0.07, EOD $81.32
Pork Bellies (July 10) gain $0.45, EOD $102.50
Live Cattle (June 10) gain $1.25, EOD $92.05
Feeder Cattle (August 10) gain $0.17, EOD $109.65

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 10) shed $5.50, EOD $348.50
Soybeans (July 10) gain $0.50, EOD $932.50

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