Daily Market Commentary for June 23, 2010

United States Economy

Investor's worried today that the progress the United States economy has made is starting to slow down. (Read more at Millennium-Traders.Com)

Economic data released today:

Durable Goods Orders (MoM):
April Durable Goods Orders Revised to +3.0% from an increase by 2.8%; May Durable Goods Orders, Excluding-Transportation, rose 0.9%; U.S. May Durable Goods Orders fell 1.1%; Compared to Consensus of a decrease by 1.5%; May Durable Goods Orders, Ex-Defense, fell 1.1%.

Initial Jobless Claims:
U.S. Week of June 12 Jobless Claims Revised to 476K from 472K; U.S. Jobless Claims fell 19K to 457K in Week of June 19; Compared to Survey of a decrease by 7K; U.S. Week of June 12 Continuing Claims fell 45K to 4,548,000.

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 144.81 points, EOD 10,153.63
NYSE (New York Stock Exchange) shed 129.20, EOD 6,720.85
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 36.91 points, EOD 2,217.32
S&P 500 (SPX) shed 18.23 points, EOD 1,073.81
BEL 20 (BEL20) shed 38.54 points, EOD 2,455.80
CAC 40 (CAC40) shed 86.43 points, EOD 3,555.36
FTSE100 (UKX100) shed 78.29 points, EOD 5,100.23
NIKKEI 225 (NIK/O) gain 4.64 points, EOD 9,928.34

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 671, declined stock prices 2,432, unchanged stock prices 105, stock prices hitting new highs 32 and stock prices hitting new lows 55. 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: HAS gain 1.75, HOD 43.71, LOD 41.55, EOD 42.87; NKE shed 2.90, HOD 70.67, LOD 69.20, EOD 69.62; RIG shed 3.01, HOD 52.47, LOD 49.60, EOD 49.75; MA shed 4.93, HOD 220.99, LOD 213.36, EOD 214.92; TYC shed 1.14, HOD 37.84, LOD 36.27, EOD 36.27; BP shed 0.96, HOD 30.00, LOD 28.56, EOD 28.71; CME shed 10.70, HOD 300.89, LOD 289.70, EOD 289.87; DFS gain 0.05, HOD 14.73, LOD 14.05, EOD 14.06; LEN shed 0.15, HOD 15.20, LOD 14.33, EOD 14.59.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 657, declined stock prices 2,011, unchanged stock prices 112, stock prices hitting new highs 17 and stock prices hitting new lows 95. 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 shed 2.41, HOD 273.20, LOD 268.10, EOD 268.56; UPRO shed 7.03, HOD 134.93, LOD 128.63, EOD 129.37; BBBY shed 2.34, HOD 40.12, LOD 38.84, EOD 39.12; DNDN gain 0.88, HOD 36.80, LOD 34.75, EOD 36.01; APOL shed 0.36, HOD 47.65, LOD 44.61, EOD 45.97; BIDU shed 2.39, HOD 75.91, LOD 73.52, EOD 73.80; AMZN shed 3.12, HOD 120.85, LOD 116.80, EOD 118.33; ISRG shed 6.51, HOD 339.38, LOD 330.71, EOD 331.91.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 168, declined stock prices 291, unchanged stock prices 47, stock prices hitting new highs 2 and stock prices hitting new lows 13.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1068.00; Change -19.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,842.75; Change -31.00
E-mini DOW $5 (YM) Mar 10: EOD 10,081; Change -158
E-mini S&P MidCap 400 (MF) Mar 10: EOD 734.80; Change -12.40
Nikkei 225 (Yen) Mar 10: EOD 9,735; Change -145

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.8111 to U.S. Dollars 1.2300
Japanese Yen 89.4850 to U.S. Dollars 0.0111
British Pound 0.6698 to U.S. Dollars 1.4900
Canadian Dollar 1.0416 to U.S. Dollars 0.9589
Swiss Franc 1.1021 to U.S. Dollars 0.9069

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (July 10) gain $0.16, EOD $76.51 per barrel ($US per barrel)
Heating Oil (July 10) shed $0.01, EOD $2.06 a gallon ($US per gallon)
Natural Gas (July 10) shed $0.05, EOD $4.75 per million BTU ($US per mmbtu.)
Unleaded Gas (July 10) gain $0.01, EOD $2.09 gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 10) gain $11.40, EOD $1,245.50 ($US per Troy ounce)
Silver (June 10) gain $0.27, EOD $18.73 ($US per Troy ounce)
Platinum (June 10) shed $5.50, EOD $1,561.50 ($US per Troy ounce)
Copper (June 10) gain $0.06, EOD $3.00 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (July 10) shed $1.37, EOD $80.08
Pork Bellies (July 10) shed $0.07, EOD $99.90
Live Cattle (June 10) gain $0.40, EOD $90.65
Feeder Cattle (August 10) gain $0.77, EOD $112.68

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 10) shed $1.75, EOD $344.75
Soybeans (July 10) shed $2.50, EOD $955.50

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