Jobless Claims Dip

Daily Market Commentary for October 21, 2010

Jobless Claims Dip

Jobless claims dip, but analysts still worry the pace of job recovery is too weak. (Read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims (MoM):
U.S. Week of October 9 Jobless Claims Revised to 475K from 462K; U.S. Week of October 9 Continuing Claims fell 9K to 4,441,000; U.S. Jobless Claims fell 23K to 452K in Week ended October 16; Compared to Survey of a decrease by 7K.

Philadelphia Fed Manufacturing Index:
Philadelphia Fed October Inventories fell 18.6 versus September decrease by 16.7; Philadelphia Fed October Delivery Times fell 0.3 versus September decrease by 4.1; Philadelphia Fed October Shipments 1.4 versus September decrease by 7.1; Philadelphia Fed October New Orders fell 5.0 versus September decrease by 8.1; Philadelphia Fed October Employment 2.4 versus September 1.8; Philadelphia Fed October Price Received fell 9.0 versus September decrease by 13.9; Philadelphia Fed October Price Paid 31.5 versus September 9.8; Philadelphia Fed October Business Index Expected 2.0; Philadelphia Fed October Business Index 1.0 versus September decrease by 0.7.

Leading Index (MoM):
U.S. Conference Board: September Lagging Index rose 0.4%; U.S. Conference Board: September Leading Index rose 0.3%.

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 39.05 points, EOD 11,147.02
NYSE (New York Stock Exchange) shed 10.75, EOD 7,513.06
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 2.06 points, EOD 2,459.45
S&P 500 (SPX) gain 1.95 points, EOD 1,180.12
BEL 20 (BEL20) gain 22.51 points, EOD 2,691.78
CAC 40 (CAC40) gain 50.12 points, EOD 3,878.27
FTSE100 (UKX100) gain 28.93 points, EOD 5,757.86
NIKKEI 225 (NIK/O) shed 5.12 points,, EOD 9,376.48

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,522, declined stock prices 1,520, unchanged stock prices 104, stock prices hitting new highs 246 and stock prices hitting new lows 11. 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: CY gain 0.44, HOD 13.07, LOD 11.66, EOD 12.83; CBE gain 1.93, HOD 52.66, LOD 48.16, EOD 52.64; DO shed 0.27, HOD 71.74, LOD 67.28, EOD 68.58; ADS gain 0.79, HOD 63.73, LOD 59.99, EOD 63.44; CAT gain 1.05, HOD 81.20, LOD 77.51, EOD 78.89; CLB shed 4.18, HOD 85.52, LOD 79.91, EOD 80.62; ESI shed 0.42, HOD 58.64, LOD 56.18, EOD 58.49.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,024, declined stock prices 1,627, unchanged stock prices 141, stock prices hitting new highs 127 and stock prices hitting new lows 32. 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: CRUS shed 2.56, HOD 14.60, LOD 13.58, EOD 13.77; NFLX gain 19.54, HOD 174.94, LOD 166.58, EOD 172.69; AMZN gain 6.30, HOD 166.13, LOD 161.29, EOD 164.97; PLCE shed 6.98, HOD 46.32, LOD 44.16, EOD 44.90; AAPL shed 1.01, HOD 314.17, LOD 306.80, EOD 309.52; FSLR gain 1.68, HOD 146.62, LOD 142.21, EOD 145.07; EBAY gain 1.54, HOD 28.44, LOD 27.17, EOD 27.19.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 182, declined stock prices 301, unchanged stock prices 39, stock prices hitting new highs 18 and stock prices hitting new lows 7.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1175.75; Change 1.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,085.50; Change 1.75
E-mini DOW $5 (YM) Mar 10: EOD 11,085; Change 22
Nikkei 225 (Yen) Mar 10: EOD 9,385; Change -90

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7182 to U.S. Dollars 1.3900
Japanese Yen 81.3350 to U.S. Dollars 0.0122
British Pound 0.6367 to U.S. Dollars 1.5700
Canadian Dollar 1.0264 to U.S. Dollars 0.9742
Swiss Franc 0.9676 to U.S. Dollars 1.03

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (December 10) shed $1.98, EOD $80.56 per barrel ($US per barrel)
Heating Oil (November 10) shed $0.04, EOD $2.21 a gallon ($US per gallon)
Natural Gas (November 10) shed $0.17, EOD $3.37 per million BTU ($US per mmbtu.)
Unleaded Gas (December 10) shed $0.04, EOD $2.03 gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 10) shed $18.60, EOD $1,325.60 ($US per Troy ounce)
Silver (December 10) shed $0.72, EOD $23.14 ($US per Troy ounce)
Platinum (January 11) shed $13.90, EOD $1,673.40 ($US per Troy ounce)
Copper (December 10) shed $0.01, EOD $3.78 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 10) gain $0.60, EOD $69.32
Pork Bellies (February 11) shed $1.00, EOD $102.50
Live Cattle (December 10) shed $0.37, EOD $101.25
Feeder Cattle (January 11) gain $1.62, EOD $112.00

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) shed $9.25, EOD $564.25
Soybeans (Januaryr 11) shed $10.75, EOD $1,213.00

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