Daily Market Commentary for May 28, 2010

Inflation

Investors got a report on inflation this morning, along with a couple other disappointing reports. (Read more at http://www.millennium-traders.com/news/marketcommentarymay2810.aspx)

Economic data released today: N/A

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 122.36 points, EOD 10,136.63
NYSE (New York Stock Exchange) shed 101.72, EOD 6,791.57
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 20.08 points, EOD 2,257.60
S&P 500 (SPX) shed 13.95 point, EOD 1,089.11
BEL 20 (BEL20) shed 9.02 points, EOD 2,460.54
CAC 40 (CAC40) shed 10.25 points, EOD 3,515.06
FTSE100 (UKX100) shed 6.74 points, EOD 5,188.43
NIKKEI 225 (NIK/O) triple digit gain 123.26, EOD 9,762.98

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,017, declined stock prices 2,098, unchanged stock prices 84, stock prices hitting new highs 29 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: N/A

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 871, declined stock prices 1,841, unchanged stock prices 112, stock prices hitting new highs 36 and stock prices hitting new lows 36. 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: N/A

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 235, declined stock prices 254, unchanged stock prices 36, stock prices hitting new highs 5 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 1089.00; Change -12.00
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,853.00; Change -10.75
E-mini DOW $5 (YM) Mar 10: EOD 10,125; Change -110
E-mini S&P MidCap 400 (MF) Mar 10: EOD 762.80; Change -5.60
Nikkei 225 (Yen) Mar 10: EOD 9,655; Change -130

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.8138 to U.S. Dollars 1.2300
Japanese Yen 90.8950 to U.S. Dollars 0.0110
British Pound 0.6907 to U.S. Dollars 1.4500
Canadian Dollar 1.0506 to U.S. Dollars 0.9517
Swiss Franc 1.1584 to U.S. Dollars 0.8636

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (July 10) shed $0.58, EOD $73.97 per barrel ($US per barrel)
Heating Oil (June 10) shed $0.01, EOD $1.98 a gallon ($US per gallon)
Natural Gas (July 10) gain $0.04, EOD $4.34 per million BTU ($US per mmbtu.)
Unleaded Gas (June 10) shed $0.01, EOD $2.02 gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 10) gain $0.30, EOD $1,212.20 ($US per Troy ounce)
Silver (June 10) shed $0.04, EOD $18.41 ($US per Troy ounce)
Platinum (June 10) shed $3.50, EOD $1,547.40 ($US per Troy ounce)
Copper (June 10) shed $0.05, EOD $3.10 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 10) gain $0.67, EOD $81.85
Pork Bellies (July 10) gain $0.85, EOD $102.90
Live Cattle (June 10) shed $1.05, EOD $90.52
Feeder Cattle (May 10) shed $0.07, EOD $108.42

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 10) shed $14.25, EOD $359.00
Soybeans (July 10) shed $14.00, EOD $937.75

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