Poverty Statistics

Daily Market Commentary for September 16, 2010

Poverty Statistics

Today the government reported the latest U.S. poverty statistics. (Read more at Millennium-Traders.Com)

Economic data released today:

PPI (MoM):
U.S. July PPI Unrevised At +0.2%; U.S. August Passenger Car Prices fell 0.4%; U.S. August PPI Energy Prices rose 2.2%; U.S. August PPI Crude Goods rose 2.3%; Core rose 4.1%; U.S. August PPI Intermediate Goods rose 0.3%; Core rose 0.1%; U.S. August PPI Excluding-Food & Energy rose 0.1%; Compared to Consensus of an increase by 0.1%; U.S. August Producer Prices rose 0.4%; Compared to Consensus of an increase by 0.4%.

Initial Jobless Claims:
U.S. September 4 Week Jobless Claims Revised to 453K from 451K; U.S. September 4 Week Continuing Claims fell 84K to 4,485,000; U.S. Jobless Claims fell 3K to 450K in Week of September 11; Compared to a Survey of an increase by 9K.

Current Account:
U.S. 1Q Current Account Revised to a Deficit of $109.2B versus a Deficit of $109.0B.

TIC Net Long-Term Transactions:
TIC: China Net Buyer of U.S. Treasuries in July; Holdings up $3.0B; TIC: Foreigners Net Buyers $12.5B of U.S. Equities in July; TIC: Foreigners Net Buyers $13.9B of U.S. Corp Bonds in July; TIC: Foreigners Net Buyers $17.3B of U.S. Agency Debt in July; TIC: Foreigners Net Buyers $30.0B U.S. Treasuries Notes, Bonds in July; TIC: Net Foreign Capital Inflow $63.7B in July; TIC: Net LT Securities Purchases $61.2B in July; TIC: Net Foreign LT Securities Purchases $44.0B in July.

Philadelphia Fed Manufacturing Index:
Philadelphia Fed September Inventories fell 16.7 versus August decrease by 11.6; Philadelphia Fed September Delivery Times fell 4.1 versus August decrease by 11.0; Philadelphia Fed September Shipments fell 7.1 versus August decrease by 4.5; Philadelphia Fed September New Orders fell 8.1 versus August decrease by 7.1; Philadelphia Fed September Employment 1.8 versus August decrease by 2.7; Philadelphia Fed September Price Received fell 13.9 versus August decrease by 12.5; Philadelphia Fed September Price Paid 9.8 versus August 11.8; Philadelphia Fed September Business Index Expected 0.0; Philadelphia Fed September Business Index fell 0.7 versus August decrease by 7.7.

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) gain 20.10 points, EOD 10,592.83
NYSE (New York Stock Exchange) shed 106.06, EOD 6,972.47
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 1.66 points, EOD 2,302.98
S&P 500 (SPX) shed 0.2 points, EOD 1,124.87
BEL 20 (BEL20) shed 18.22 points, EOD 2,585.29
CAC 40 (CAC40) shed 19.34 points, EOD 3,736.30
FTSE100 (UKX100) shed 15.42 points, EOD 5,540.14
NIKKEI 225 (NIK/O) shed 7.06 points, EOD 9,509.50

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,299, declined stock prices 1,748, unchanged stock prices 126, stock prices hitting new highs 151 and stock prices hitting new lows 15. 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 0.17, HOD 213.38, LOD 208.25, EOD 210.35; PIR gain 0.52, HOD 8.87, LOD 8.15, EOD 8.48; BHP shed 0.17, HOD 73.67, LOD 72.60, EOD 73.24; AIR gain 1.17, HOD 19.25, LOD 18.50, EOD 18.72; CRM gain 0.05, HOD 117.70, LOD 115.94, EOD 116.86.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 990, declined stock prices 1,655, unchanged stock prices 126, stock prices hitting new highs 76 and stock prices hitting new lows 29. 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 6.35, HOD 276.67, LOD 269.50, EOD 276.57; PCLN gain 0.32, HOD 333.88, LOD 327.80, EOD 332.38; STRA gain 6.85, HOD 158.66, LOD 148.59, EOD 157.00; ISRG shed 1.49, HOD 294.19, LOD 289.26, EOD 292.25.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 227, declined stock prices 246, unchanged stock prices 34, stock prices hitting new highs 18 and stock prices hitting new lows 5.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1119.75; Change -1.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,945.25; Change 5.75
E-mini DOW $5 (YM) Mar 10: EOD 10,528; Change 19
Nikkei 225 (Yen) Mar 10: EOD 9,520; Change -85

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7644 to U.S. Dollars 1.3100
Japanese Yen 85.8450 to U.S. Dollars 0.0116
British Pound 0.6396 to U.S. Dollars 1.5600
Canadian Dollar 1.0269 to U.S. Dollars 0.9745
Swiss Franc 1.0146 to U.S. Dollars 0.9855

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (October 10) shed $1.45, EOD $74.57 per barrel ($US per barrel)
Heating Oil (October 10) shed $0.03, EOD $2.10 a gallon ($US per gallon)
Natural Gas (October 10) gain $0.67, EOD $4.06 per million BTU ($US per mmbtu.)
Unleaded Gas (October 10) shed $0.03 EOD $1.92 gallon ($US per gallon)

Metals Markets - Comex:
Gold (September 10) gain $5.20, EOD $1,271.90 ($US per Troy ounce)
Silver (September 10) gain $0.20, EOD $20.74 ($US per Troy ounce)
Platinum (September 10) gain $6.60, EOD $1,611.90 ($US per Troy ounce)
Copper (September 10) gain $0.02, EOD $3.48 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 10) shed $1.05, EOD $78.20
Pork Bellies (February 10) gain $1.47, EOD $107.50
Live Cattle (October 10) gain $0.52, EOD $98.65
Feeder Cattle (September 10) gain $0.45, EOD $112.25

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) gain $0.75, EOD $496.00
Soybeans (November 10) shed $6.25, EOD $1,036.25

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