Manufacturing Activity

Daily Market Commentary for September 15, 2010

Manufacturing Activity

Stocks started off the morning lower on news that U.S. manufacturing activity has slowed down. (Read more at Millennium-Traders.Com)

Economic data released today:

MBA Mortgage Applications:
U.S. MBA Market Index fell 8.9% at 801.5; Last Week 880.0; U.S. MBA Purchase Index fell 0.4% at 183.7; Last Week 184.5; U.S. MBA Refinance Index fell 10.8% at 4,396.1; Last Week 4,926.5.

New York Empire State Manufacturing Index:
New York Fed September Prices Received 1.49 versus -2.86 in August; New York Fed September Employment 14.93 versus 14.29 in August; New York Fed September New Orders 4.33 versus -2.71 in August; New York Fed's September Manufacturing Index 4.14 versus 7.10 in August.

Import Price Index (MoM):
U.S. August Petroleum Import Prices rose 2.1%; U.S. August Non-Petroleum Import Prices rose 0.2%; U.S. August Import Prices rose 0.6%; Compared to Consensus of an increase by 0.3%.

Capacity Utilization Rate:
U.S. August Capacity Utilization rose 0.1-Pt at 74.7%; Compare to Consensus of 75.0%; U.S. July Capacity Utilization Revised to 74.6% from 74.8%.

Industrial Production (MoM):
U.S. August Industrial Production rose 0.2%; Compared to Consensus of an increase by 0.3%; U.S. July Industrial Production Revised to +0.6% from +1.0%.

Crude Oil Inventories as Reported by DOE:
U.S. Refineries Ran at 87.6% capacity; was Seen at 87.50% capacity; U.S. Refineries Ran at 87.6% capacity versus 88.2% capacity a Week Ago; U.S. Distillate Stockpiles fell 0.34 Million Barrels in Week; was Seen increasing by 0.2 Million Barrels; U.S. Gasoline Stockpiles fell 0.694 Million Barrels in Week; was Seen decreasing by 1.1 Million Barrels; U.S. Gasoline Stockpiles fell 0.694 Million Barrels at 224.468 Million Barrels; U.S. Crude Oil Stockpiles fell 2.489 Million Barrels in Week; was Seen decreasing by 2.5 Million Barrels; U.S. Crude Oil Stockpiles fell 2.489 Million Barrels at 357.365 Million Barrels.

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 52.72 points, EOD 10,579.21
NYSE (New York Stock Exchange) gain 17.71, EOD 7,179.79
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 11.14 points, EOD 2,300.91
S&P 500 (SPX) gain 1.6 points, EOD 1,122.70
BEL 20 (BEL20) shed 5.34 points, EOD 2,603.51
CAC 40 (CAC40) shed 18.76 points, EOD 3,755.64
FTSE100 (UKX100) shed 11.85 points, EOD 5,555.56
NIKKEI 225 (NIK/O) triple digit gain 217.25 points, EOD 9,516.56

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,590, declined stock prices 1,454, unchanged stock prices 114, stock prices hitting new highs 148 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: MA gain 11.12, HOD 213.03, LOD 204.14, EOD 210.78; POT shed 1.42, HOD 147.79, LOD 146.00, EOD 147.01; GS gain 0.18, HOD 152.80, LOD 150.67, EOD 152.65; CRM shed 1.27, HOD 117.75, LOD 115.30, EOD 116.54.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,497, declined stock prices 1,124, unchanged stock prices 162, stock prices hitting new highs 76 and stock prices hitting new lows 27. 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: SVNT gain 5.24, HOD 20.28, LOD 17.86, EOD 19.98; NFLX shed 3.33, HOD 146.51, LOD 142.62, EOD 143.35; ISRG gain 8.40, HOD 295.32, LOD 281.41, EOD 294.31; PCLN shed 3.35, HOD 334.88, LOD 329.65, EOD 331.48; APOG shed 0.06, HOD 9.70, LOD 9.43, EOD 9.54; STLD gain 0.12, HOD 14.72, LOD 14.30, EOD 14.71.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 208, declined stock prices 273, unchanged stock prices 36, stock prices hitting new highs 19 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) Mar 10: EOD 1120.75; Change 5.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,938.00; Change 15.50
E-mini DOW $5 (YM) Mar 10: EOD 10,514; Change 51
Nikkei 225 (Yen) Mar 10: EOD 9,610; Change 365

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7684 to U.S. Dollars 1.3000
Japanese Yen 85.6050 to U.S. Dollars 0.0116
British Pound 0.6398 to U.S. Dollars 1.5600
Canadian Dollar 1.0282 to U.S. Dollars 0.9744
Swiss Franc 1.0031 to U.S. Dollars 0.9969

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (October 10) shed $0.78, EOD $76.02 per barrel ($US per barrel)
Heating Oil (October 10) gain $0.00, EOD $2.13 a gallon ($US per gallon)
Natural Gas (October 10) gain $0.02, EOD $4.00 per million BTU ($US per mmbtu.)
Unleaded Gas (October 10) shed $0.00 EOD $1.96 gallon ($US per gallon)

Metals Markets - Comex:
Gold (September 10) shed $3.00, EOD $1,266.70 ($US per Troy ounce)
Silver (September 10) gain $0.14, EOD $20.54 ($US per Troy ounce)
Platinum (September 10) gain $10.90, EOD $1,605.30 ($US per Troy ounce)
Copper (September 10) shed $0.00, EOD $3.46 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 10) gain $0.40, EOD $79.10
Pork Bellies (February 10) gain $0.40, EOD $106.20
Live Cattle (October 10) gain $0.02, EOD $98.18
Feeder Cattle (September 10) shed $0.35, EOD $111.80

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) gain $0.25, EOD $495.25
Soybeans (November 10) gain $7.00, EOD $1,042.50

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