Aangsunu's Blog

  • June 2010
    M T W T F S S
        Jul »
     123456
    78910111213
    14151617181920
    21222324252627
    282930  

Dow Settles Below 10,000

Posted by aangsunu on 6 June 2010

source : http://www.cnbc.com

US stocks ended the week down almost 1.7% or greater, marking the worst June weekly debut since 2008 when the Dow lost -3.39%, the S&P fell -2.83%, and the NASDAQ declined -1.91% in the first week of June.

The Dow

// [.DJI  9931.97  -323.31  (-3.15%)   ]

// settled below the 10,000-mark, reaching its lowest level since February 8, 2010.

What follows is a summary of this week’s statistics on the markets.

Index Impact:

  • Disney (DIS) had the most positive impact on the Dow up 0.81% for the week
  • Year-to-date, Boeing (BA) continues to be the top Dow performer by percent gain, up over 13%
  • 3M (MMM) had the most negative impact on the Dow, down over 4% for the week
  • Year-to-date, Alcoa (AA) continues to be the worst Dow performer by percent loss, down almost 33%
  • Google (GOOG) had the most positive impact on the S&P & NASDAQ 100, up almost 3% for the week
  • Year-to-date, the top S&P performer by percent gain continues to be Zions Bancorp (ZION) up almost 74%
  • Year-to-date, the top NASDAQ 100 performer by percent gain continues to be Baidu.com (BIDU), up almost 79%
  • JPMorgan (JPM) had the most negative impact on the S&P, down almost 5% for the week
  • Year-to-date, Dean Foods (DF) continues to be the worst S&P performer by percent loss, down over 41%
  • Intel (INTC) had the most negative impact on the NASDAQ 100, down over 2% for the week
  • Year-to-date, the worst NASDAQ 100 performer by percent loss continues to be NVIDIA (NVDA) down over 35%

The Russell 2000 remains the only major index still positive year-to-date, up almost 1.4% for the year

Since the March 9, 2009 lows, the S&P is up 57.40%, the Dow is up 51.69%, the NASDAQ is up 74.93%, and the Russell 2K is up 84.69%

S&P 500

Sector Impact: 10 out of 10 S&P sectors were negative for the week led by material and industrial stocks.  The technology sector was down the least, with a decrease of nearly 1%.

  • Year-to-date, 8 out of 10 S&P sectors are negative, led by telecommunication stocks, down nearly 12%.  The consumer discretionary sector is leading the way to the upside, with a gain of nearly 6%

Commodity Impact: Oil settled at $71.51 per barrel, down 3.33% for the week.  Crude has declined four of the last five weeks, and is off 17.65% from its 2010 settle high of $86.84 hit on April 6.

  • Gas Prices: The AAA current national average for regular gas is $2.726 per gallon UP 5.98% from a year ago when the average was $2.572 per gallon
  • The highest recorded average price by AAA was on 7/17/2008, when the national average was $4.114 per gallon

Commodity Impact: Oil settled at $71.51 per barrel, down 3.33% for the week.  Crude has declined four of the last five weeks, and is off 17.65% from its 2010 settle high of $86.84 hit on April 6.

  • Gas Prices: The AAA current national average for regular gas is $2.726 per gallon UP 5.98% from a year ago when the average was $2.572 per gallon
  • The highest recorded average price by AAA was on 7/17/2008, when the national average was $4.114 per gallon

Currencies Impact: The euro fell below $1.20 against the US dollar, a four-year low, on concerns that the European debt crisis is expanding.

Global Index Performance:

Currencies Impact: The euro fell below $1.20 against the US dollar, a four-year low, on concerns that the European debt crisis is expanding.

Global Index Performance:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: