Nancy Bebek News

Daily Market Commentary for April 2, 2009

The conclusions on Thursday by the leaders of the Group of 20 (G-20) industrial and developing nations are a “defining moment” for the world’s economy, as stated by the European Commission President Jose Manuel Barroso. (read more at Millennium-Traders.Com)

http://www.millennium-traders.com/news/newscommentary.aspx

Economic data released today:

Jobless Claims:

U.S. Continuing Claims for week of March 21 increased by 161K to 5,728,000; U.S. Jobless Claims for week of March 28  increased by 12K to 669K compared to survey of an increase by 3K; U.S. Jobless Claims for March 21 Revised to 657K from 652K;

U.S. Jobless Claims Highest since October 1982; U.S. Continuing Claims Highest on Record.

Factory Orders:

U.S. Factory Orders rose 1.8% in February as compared to consensus of an increase by 1.9%; U.S. February Factory Orders, Excluding Transportation rose 1.6%; U.S. February Factory Orders, Excluding Defense rose 0.9%; U.S. February Durable Goods Revised to an increase by 3.5% from an increase by 3.4%; U.S. January Factory Orders Revised to a drop by 3.5% from a drop by 1.9%.

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) triple digit gain of 216.48 points to end the trading session at 7,978.08

NYSE (New York Stock Exchange) triple digit gain of 181.34 points to end the trading session at 5,267.10

National Association of Securities Dealers Automated Quotations (NASDAQ) gain of 51.03 points to end the trading session at 1,602.63

S&P 500 (SPX) gain of 23.30 points to end the trading session at 834.38

BEL 20 (BEL20) gain of 58.29 points to end the trading session at 1,831.13

CAC 40 (CAC40) triple digit gain of 152.45 points to end the trading session at 2,992.06

FTSE100 (UKX100) triple digit gain of 169.36 points to end the trading session at 4,124.97

NIKKEI 225 (NIK/O) triple digit gain of 367.87 points to end the trading session at 8,719.78

New York Stock Exchange (NYSE) stock market indicators for the trading session today:

Advanced stock prices 2,395, declined stock prices 314, unchanged stock prices 483, stock prices hitting new highs 12 and stock prices hitting new lows 6. 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: ProShares Ultrashort S&P 500 (NYSE: SDS) stock price shed 4.38 points on the trading session, high on the trading session $72.83, low on the trading session $69.36, with a closing stock price at $71.56; Excel Maritime Carriers Limited (NYSE: EXM) stock price gained 0.58 points on the trading session, high on the trading session $5.70, low on the trading session $5.30, with a closing stock price at $5.32; FedEx (NYSE: FDX) stock price gained 4.12 points on the trading session, high on the trading session $50.46, low on the trading session $45.81, with a closing stock price at $49.08; UniFirst (NYSE: UNF) stock price gained 5.72 points on the trading session, high on the trading session $35.72, low on the trading session $32.25, with a closing stock price at $34.58; Monsanto Company (NYSE: MON) stock price shed 0.33 points on the trading session, high on the trading session $85.75, low on the trading session $78.91, with a closing stock price at $81.41; Potash Saskatchewan (NYSE: POT) stock price gained 2.66 points on the trading session, high on the trading session $86.75, low on the trading session $83.76, with a closing stock price at $85.59; Navistar International (NYSE: NAV) stock price shed 4.62 points on the trading session, high on the trading session $35.62, low on the trading session $27.50, with a closing stock price at $29.21; ProShares Ultrashort Financials (NYSE: SKF) stock price shed 5.79 points on the trading session, high on the trading session $90.79, low on the trading session $85.00, with a closing stock price at $88.33; PNC Financial Services (NYSE: PNC) stock price gained 1.75 points on the trading session, high on the trading session $33.00, low on the trading session $30.82, with a closing stock price at $32.25; CME Group (NYSE: CME) stock price gained 7.96 points on the trading session, high on the trading session $250.89 low on the trading session $242.70, with a closing stock price at $245.36; MasterCard (NYSE: MA) stock price gained 5.58 points on the trading session, high on the trading session $167.56, low on the trading session $162.11, with a closing stock price at $165.66.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:

Advanced stock prices 2,213, declined stock prices 601, unchanged stock prices 111, stock prices hitting new highs 29 and stock prices hitting new lows 10. 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: Research In Motion Limited (NasdaqGS: RIMM) stock price gained 12.63 points on the trading session, high on the trading session $49.45, low on the trading session $47.11, with a closing stock price at $58.25; Manhattan Associates (NasdaqGS: MANH) stock price shed 1.94 points on the trading session, high on the trading session $16.32, low on the trading session $14.00, with a closing stock price at $15.47; Google (NasdaqGS: GOOG) stock price gained 11.46 points on the trading session, high on the trading session $369.76 low on the trading session $360.32, with a closing stock price at $365.55; Schnitzer Steel Industries (NasdaqGS: SCHN) stock price gained 4.82 points on the trading session, high on the trading session $38.91, low on the trading session $33.27, with a closing stock price at $37.77; Baidu (NasdaqGS: BIDU) stock price gained 12.03 points on the trading session, high on the trading session $190.00, low on the trading session $182.21, with a closing stock price at $186.80; First Solar (NasdaqGS: FSLR) stock price gained 2.99 points on the trading session, high on the trading session $142.93, low on the trading session $136.50, with a closing stock price at $138.49.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:

Advanced stock prices 369, declined stock prices 158, unchanged stock prices 121, stock prices hitting new highs 11 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) June 09: End of trading session price 835.25; Change for the trading session 26

E-mini NASDAQ-100 (NQ) June 09: End of trading session price 1,296; Change for the trading session 45

E-mini DOW $5 (YM) June 09: End of trading session price 7,891; Change for the trading session 173

E-mini S&P MidCap 400 (MF) June 09: End of trading session price 512; Change for the trading session 19.40

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:

Euro 0.7431 to U.S. Dollars 1.3458

Japanese Yen 99.41 to U.S. Dollars 0.0101

British Pound 0.6793 to U.S. Dollars 1.4722

Canadian Dollar 1.2383 to U.S. Dollars 0.8076

Swiss Franc 1.1341 to U.S. Dollars 0.8818

COMMODITY MARKETS:

Energy Sector – Nymex:

Light Crude (May 09) gained $4.25 on the trading session for a closing price of $52.64 per barrel ($US per barrel)

Heating Oil (May 09)
gained $0.09 on the trading session for a closing price of $1.44 a gallon ($US per gallon)

Natural Gas (May 09) gained $0.09 on the trading session for a closing price of $3.75 per million BTU ($US per mmbtu.)

Unleaded Gas (April 09) gained $0.10 on the trading session for a closing price of $1.47 a gallon ($US per gallon)

Metals Markets – Comex:

Gold (June 09) shed $18.80 on the trading session for a closing price of $908.90 ($US per Troy ounce)

Silver (May 09) gained $0.05 on the trading session for a closing price of $13.03 ($US per Troy ounce)

Platinum (July 09) gained $22.00 on the trading session for a closing price of $1,165.80($US per Troy ounce)

Copper (May 09) gained $0.04 on the trading session for a closing price of $1.89 ($US per pound)

Livestock and Meat Markets – Chicago Mercantile Exchange (cents per lb.):

Lean Hogs (June 09) gained 0.65 on the trading session for a closing price of 72.10

Pork Bellies (May 09) gained 0.80 on the trading session for a closing price of 87.80

Live Cattle (June 09) gained 1.63 on the trading session for a closing price of 83.00

Feeder Cattle (May 09) gained 1.65 on the trading session for a closing price of 95.65

Other Commodities – Chicago Board of Trade (cents per bushel):

Corn (May 09) gained 6.50 on the trading session for a closing price of 402.50

Soybeans (May 09) gained 25.00 on the trading session for a closing price of 977.00

BOND MARKET:

2 year Bond Closing price 99 31/32, change -5/32, Yield 0.88, Yield change 0.07

5 year Bond closing price of 100 1/32, change -14/32, Yield 1.73, Yield change 0.08

10 year Bond closing price 99 28/32, change -29/32, Yield 2.76, Yield change 0.11

30 year Bond closing price 98 18/32, change -1 13/32, Yield 3.57, Yield change 0.07

Thanks for reading

Millennium-Traders.Com

http://www.millennium-traders.com

Canton Footwear Association>NEWS:

Good news out of Sichuan-EU Economy and Trade Week 2008, Ladies’ Shoe Center of China (LSCC) and Italy CONFINDUSTRIA FERMO signed an agreement of strategic cooperation, under which up to 30 Italian shoes enterprises will be organized to participate in the LSCC this October to introduce their advanced experience in training, technology, research & development, etc.



    At 6:00pm, July 17, leading lights from footwear industries of Italian Marche region and officers   of LSCC as well as principals of some Chengdu shoes enterprises got together. After listening to the presentation on development potentials of Chengdu ladies’ shoes and the wide prospect of Chinese market, officers of National Association of Italian Footwear Manufacturers (ANCI), Marche Region Footwear Association and over 30 Italian shoe factories showed their great interest. CONFINDUSTRIA FERMO of Marche region signed an agreement of strategic cooperation with the Industrial Operating Center of LSCC….     Marche is the largest shoe manufacturing region in Italy, where 40% to 50% Italian shoes enterprises concentrate. Globally well-known shoe brands such as CK and tod’ are from here. In accordance with the agreement, both parties will intensify the development of footwear trade between China and Italy, and will make deep cooperation with each other in respect of business and exhibition invitation, brands promotion, market development, exhibitions, training and design………………………..



    According to CONFINDUSTRIA FERMO, they would organize over 30 Italian enterprises and purchasers to participate in the Sourcing Festival this year; they would hold press conferences in China regularly to release fashion trends of Italian footwear, with presentation by well-known designers and professionals in fashion industry, so as to instill the latest global fashion trends and design concepts into Chinese shoes enterprises………

 >>Canton Footwear Association

—————————————————-

Keeping oneself updated with all the happenings in India and across the globe is very essential these days. One has to be proactively well versed with all the latest news headlines as this is the only way to survive in this highly competitive world. It is through news only that we can know about the latest political events, sports events, weather conditions, movies and celebrities, disasters, calamities and more that happens in the country and the world. Business, economics, sports, education, international market, stock exchange, etc. are the most important of all the breaking news presented by the television news channels. Television is the most influential source of India news and it is the most preferred source through which Indians can keep themselves in pace with the latest news headlines. Most of the news channels attract maximum viewers through breaking news or latest news headlines which can comprise of anything hilarious or sensational, be it sports, politics or movie stars.

However, the television world is being flooded with ‘n’ number of news channels making money in the name of breaking news in India. And hence, the standard of India news has been inviting scorn. However, people still have a choice to get the latest news headlines and know about them in details by choice. The Internet today, is one of the most important and vast source of information inclusive of all that is latest and crisp and important news in India. Through the Internet, we can easily access news India anytime and see news online. Internet can possibly be accessed from anywhere and with people getting more net savvy, the frequent user watches news through this medium. Watching Online India News has a number of advantages. You can get to know about the latest news India, fashion trends, weather forecast, politics, sports, economics, business, stock exchange and all that you want to know about. It has become easier for the Indian staying abroad to get an easy access to Indian news via the Internet. After all, it is the quickest possible way to stay tuned with Indian and the world news.