Pending Government Shutdown

Daily Market Commentary for April 8, 2011

Pending Government Shutdown

Stocks were slightly lower in today's session as a pending government shutdown sent fears of uncertainty through the markets. (Read more at http://www.millennium-traders.com/ne...tShutdown.aspx )

Economic data released today:

Wholesale Inventories:
U.S. February Wholesale Inventories rose 1.0%; Was Expected to increase by 1.0%.

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 30.27 points, EOD 12,379.22
NYSE (New York Stock Exchange) shed 52.40, EOD 8,413.05
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 15.96 points, EOD 2,780.18
S&P 500 (SPX) shed 5.50 points, EOD 1,328.01
BEL 20 (BEL20) gain 9.97 points, EOD 2,722.23
CAC 40 (CAC40) gain 33.61 points, EOD 4,061.91
FTSE100 (UKX100) gain 48.38 points, EOD 6,055.75
NIKKEI 225 (NIK/O) triple digit gain 177.15 points, EOD 9,768.08

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,032, declined stock prices 2,004, unchanged stock prices 117, stock prices hitting new highs 167 and stock prices hitting new lows 16. 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: MCP shed 1.37, HOD 70.47, LOD 66.25, EOD 67.08; STX gain 1.15, HOD 16.30, LOD 15.64, EOD 15.84; TPX gain 6.13, HOD 59.98, LOD 56.51, EOD 57.12; AGQ gain 14.41, HOD 263.74, LOD 253.50, EOD 263.16; FDX shed 2.81, HOD 94.18, LOD 90.82, EOD 91.10; BID gain 0.18, HOD 52.19, LOD 50.55, EOD 51.14.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 820, declined stock prices 1,813, unchanged stock prices 126, stock prices hitting new highs 72 and stock prices hitting new lows 37. 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: EXPE gain 2.90, HOD 25.75, LOD 24.45, EOD 25.30; AAPL shed 3.02, HOD 340.15, LOD 333.95, EOD 335.06; FFIV gain 0.57, HOD 96.45, LOD 94.48, EOD 95.18; GMCR shed 0.26, HOD 65.76, LOD 64.02, EOD 64.74; STRA shed 3.15, HOD 143.41, LOD 139.55, EOD 142.72; DNDN gain 0.37, HOD 39.48, LOD 38.78, EOD 39.27; CLNE gain 0.11, HOD 17.72, LOD 17.04, EOD 17.37; BRKS shed 0.20, HOD 13.18, LOD 12.75, EOD 12.88; ALEX gain 0.15, HOD 53.08, LOD 52.48, EOD 53.02.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 232, declined stock prices 236, unchanged stock prices 37, stock prices hitting new highs 15 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 1324.50; Change 4.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,317.75; Change -11.50
E-mini DOW $5 (YM) Mar 10: EOD 12,328; Change -23
Nikkei 225 (Yen) Mar 10: EOD 9725; Change 220

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6916 to U.S. Dollars 1.44
Japanese Yen 84.8950 to U.S. Dollars 0.0118
British Pound 0.6110 to U.S. Dollars 1.6400
Canadian Dollar 0.6577 to U.S. Dollars 1.04
Swiss Franc 0.9096 to U.S. Dollars 1.10

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (May 11) gain $2.45, EOD $112.75 per barrel ($US per barrel)
Heating Oil (May 11) shed $0.11, EOD $3.32 a gallon ($US per gallon)
Natural Gas (May 11) shed $0.01, EOD $4.04 per million BTU ($US per mmbtu.)
Unleaded Gas (May 11) shed $0.07, EOD $3.26 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 11) gain $14.80, EOD $1,474.10 ($US per Troy ounce)
Silver (May 11) gain $1.05, EOD $40.61 ($US per Troy ounce)
Platinum (July 11) gain $21.50, EOD $1,812.10 ($US per Troy ounce)
Copper (May 11) gain $0.08, EOD $4.50 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 11) gain $0.65, EOD $100.75
Pork Bellies (February 12) unchanged, EOD $120.00
Live Cattle (June 11) shed $0.65, EOD $117.00
Feeder Cattle (August 11) shed $0.52, EOD $138.52

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 11) gain $8.50, EOD $767.50
Soybeans (May 11) gain $28.75, EOD $1,392.25

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