• How does Inflation Effect the Economy
    • By: BARRY O
      3360

      Daily Market Commentary for August 12, 2008 from Millennium-Traders.Com

      Dallas Federal Reserve Bank President Richard Fisher added to the negative sentiment when he commented that the U.S. economy was in a prolonged period of slow growth and could shrink further, later this year. U.S. trade deficit surprisingly shrank in June and adds one more piece of evidence that we are, in fact in a recession. (read more) http://www.millennium-traders.com/news/newscommentary.aspx

      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 session on the world market as well as the emerging markets including the stock market closing bell price: DOW (Dow Jones Industrial Average) triple digit loss of 139.96 points on the day to end the trading session at 11,642.39 NYSE (New York Stock Exchange) loss of 94.23 points to end the trading session at 8,398.71 NASDAQ loss of 9.34 points to end the trading session at 2,430.61 S&P 500 loss of 15.73 points to end the trading session at 1,289.59 FTSE All-World excluding - U.S. loss of 1.56 points to end the trading session at 223.30 FTSE RAFI 1000 loss of 85.75 points to end the trading session at 5,081.21 BEL 20 (BEL20) gain of 13.18 points to end the trading session at 3,117.14 CAC 40 (CAC40) loss of 20.01 points to end the trading session at 4,518.48 FTSE100 (UKX100) loss of 7.3 points to end the trading session at 5,534.50 NIKKEI 225 (NIK/O) triple digit loss of 127.31 points on the day to end the trading session at 13,303.60

      New York Stock Exchange (NYSE) stock market indicators for the day: Advanced stock prices 1,053; declined stock prices 2,107; unchanged stock prices 96; stock prices hitting new highs 35 and stock prices hitting new lows 48. 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: Constellation Energy Group Incorporated (NYSE: CEG) stock price shed 11.79 points on the trading session, high on the trading session $73.57, low on the trading session $57.10 for a closing stock price at $61.25; Nucor Corporation (NYSE: NUE) stock price shed 0.86 points on the trading session, high on the trading session $51.34, low on the trading session $48.77 for a closing stock price at $49.78; CME Group Incorporated (NYSE: CME) stock price shed 13.19 points on the trading session, high on the trading session $356.17, low on the trading session $335.98 for a closing stock price at $337.00; McDermott International Corporation (NYSE: MDR) stock price shed 5.67 points on the trading session, high on the trading session $40.00, low on the trading session $35.01 for a closing stock price at $36.21; Bunge Limited (NYSE: BG) stock price gained 3.66 points on the trading session, high on the trading session $95.36, low on the trading session $91.04 for a closing stock price at $94.51; Goldman Sachs Group Incorporated (NYSE: GS) stock price shed 10.70 points on the trading session, high on the trading session $173.48, low on the trading session $166.56 for a closing stock price at $167.30; Fluor Corporation (NYSE: FLR) stock price shed 4.54 points on the trading session, high on the trading session $80.74, low on the trading session $67.10 for a closing stock price at $71.64; Ventas Incorporated (NYSE: VTR) stock price shed 2.39 points on the trading session, high on the trading session $46.50, low on the trading session $45.01 for a closing stock price at $45.62; LDK Solar Company Limited (NYSE: LDK) stock price gained 5.79 points on the trading session, high on the trading session $42.42, low on the trading session $38.40 for a closing stock price at $39.37; Union Pacific Corporation (NYSE: UNP) stock price shed 3.11 points on the trading session, high on the trading session $80.15, low on the trading session $73.53 for a closing stock price at $76.14; BlackRock Incorporated (NYSE: BLK) stock price shed 6.18 points on the trading session, high on the trading session $233.90, low on the trading session $222.07 28 a closing stock price at $224.57; CF Industries Holdings Incorporated (NYSE: CF) stock price shed 1.20 points on the trading session, high on the trading session $129.88, low on the trading session $123.56 for a closing stock price at $126.53; Ultrashort Financial Corporation (NYSE: SKF) stock price gained 9.04 points on the trading session, high on the trading session $122.46, low on the trading session $113.45 for a closing stock price at $119.75.

      National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today: Advanced stock prices 1,213; declined stock prices 1,651; unchanged stock prices 145; stock prices hitting new highs 51; stock prices hitting new lows 75. 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: Dealer Track Holdings Incorporated (NasdaqGS: TRAK) stock price gained 0.27 points on the trading session, high on the trading session $16.54, low on the trading session $14.09 for a closing stock price at $16.06; Zoltek Companies Incorporated (NasdaqGS: ZOLT) stock price shed 2.82 points on the trading session, high on the trading session $16.13, low on the trading session $14.30 for a closing stock price at $15.45; ACI Worldwide Incorporated (NasdaqGS: ACIW) stock price shed 5.79 points on the trading session, high on the trading session $20.14, low on the trading session $14.16 for a closing stock price at $15.18; Baidu.com Incorporated (NasdaqGS: BIDU) stock price gained 7.44 points on the trading session, high on the trading session $317.85, low on the trading session $303.19 for a closing stock price at $311.84; Apple Incorporated (NasdaqGS: AAPL) stock price gained 3.21 points on the trading session, high on the trading session $179.29, low on the trading session $173.51 for a closing stock price at $176.77; First Solar Incorporated (NasdaqGS: FSLR) stock price gained 2.50 points on the trading session, high on the trading session $257.56, low on the trading session $248.65 for a closing stock price at $250.50; Google Incorporated (NasdaqGS: GOOG) stock price gained 2.06 points on the trading session, high on the trading session $506.13, low on the trading session $498.00 for a closing stock price at $502.90.