Moody’s Credit Rating

Daily Market Commentary for December 17, 2010

Moody’s Credit Rating

Stocks were mixed in today's session after Moody's Credit Rating Agency announced they were going to downgrade Ireland's credit rating. (Read more at Millennium-Traders.Com)

Economic data released today:

Leading Index (MoM):
U.S. Conference Board: November Lagging Index fell 0.1%; U.S. Conference Board: November Coincident Index rose 0.1%; U.S. Conference Board: November Leading Index rose 1.1%.

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 4.62 points, EOD 11,494.63
NYSE (New York Stock Exchange) shed 5.01, EOD 7,835.23
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 7.65 points, EOD 2,644.97
S&P 500 (SPX) gain 1.64 points, EOD 1,244.51
BEL 20 (BEL20) shed 18.58 points, EOD 2,596.59
CAC 40 (CAC40) shed 21.01 points, EOD 3,867.35
FTSE100 (UKX100) shed 9.37 points, EOD 5,871.75
NIKKEI 225 (NIK/O) shed 7.46 points, EOD 10,303.83

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,685, declined stock prices 1,383, unchanged stock prices 100, stock prices hitting new highs 168 and stock prices hitting new lows 27. 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: V shed 0.30, HOD 68.58, LOD 66.50, EOD 66.89; LVS gain 0.10, HOD 46.45, LOD 44.88, EOD 45.35; AGQ gain 2.38, HOD 143.13, LOD 137.40, EOD 142.15; MA shed 2.91, HOD 225.22, LOD 215.00, EOD 220.45.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,404, declined stock prices 1,272, unchanged stock prices 142, stock prices hitting new highs 217 and stock prices hitting new lows 38. 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: ITMN gain 20.92, HOD 35.30, LOD 27.23, EOD 35.19; BIDU shed 0.28, HOD 100.47, LOD 97.94, EOD 98.05; ISRG gain 2.76, HOD 269.05, LOD 263.71, EOD 266.01.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 282, declined stock prices 211, unchanged stock prices 33, stock prices hitting new highs 16 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 1238.75; Change 0.25
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,219.00; Change -0.25
E-mini DOW $5 (YM) Mar 10: EOD 11,424; Change -7
Nikkei 225 (Yen) Mar 10: EOD 10,275; Change -60

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7589 to U.S. Dollars 1.3200
Japanese Yen 83.9550 to U.S. Dollars 0.0119
British Pound 0.6445 to U.S. Dollars 1.55
Canadian Dollar 1.0108 to U.S. Dollars 0.9938
Swiss Franc 0.9700 to U.S. Dollars 1.03

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (January 11) gain $0.32, EOD $88.02 per barrel ($US per barrel)
Heating Oil (January 11) shed $0.00, EOD $2.47 a gallon ($US per gallon)
Natural Gas (January 11) shed $0.36, EOD $4.06 per million BTU ($US per mmbtu.)
Unleaded Gas (January 11) gain $0.01, EOD $2.32 gallon ($US per gallon)

Metals Markets - Comex:
Gold (February 11) gain $8.20, EOD $1,379.20 ($US per Troy ounce)
Silver (March 11) gain $0.35, EOD $29.13 ($US per Troy ounce)
Platinum (January 11) shed $0.10, EOD $1,698.50 ($US per Troy ounce)
Copper (March 11) gain $0.04, EOD $4.16 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 11) gain $1.42, EOD $76.00
Pork Bellies (February 11) unchanged, EOD $106.00
Live Cattle (February 11) gain $1.10, EOD $104.62
Feeder Cattle (March 11) gain $0.97, EOD $119.98

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 11) gain $9.00, EOD $596.50
Soybeans (March 11) gain $10.00, EOD $1,310.50

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