Daily Market Commentary for October 7, 2010

U.S. Department of Labor

Today the U.S. Department of Labor gave the first of its highly anticipated reports on the job sector. (Read more at Millennium-Traders.Com)

Economic data released today:

Initial Jobless Claims:
U.S. September 25 Week Jobless Claims Revised to 456K from 453K; U.S. Jobless Claims fell 11K to 445K in Week Ended October 2; Compared to Survey of an increase by 2K; U.S. Week of September 25 Continuing Claims fell 48K to 4,462,000.

Consumer Credit:
July Consumer Credit Revised to Down $4.1B from Down $3.6B; U.S. August Consumer Credit Decreased $3.3B.

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 22.10 points, EOD 10,945.55
NYSE (New York Stock Exchange) shed 22.58, EOD 7,424.75
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 3.01 points, EOD 2,383.67
S&P 500 (SPX) shed 1.93 points, EOD 1,158.04
BEL 20 (BEL20) shed 9.41 points, EOD 2,604.03
CAC 40 (CAC40) gain 5.56 points, EOD 3,770.47
FTSE100 (UKX100) shed 19.26 points, EOD 5,662.13
NIKKEI 225 (NIK/O) shed 6.62 points, EOD 9,684.81

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,389, declined stock prices 1,665, unchanged stock prices 129, stock prices hitting new highs 210 and stock prices hitting new lows 13. 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: CRM shed 0.03, HOD 106.99, LOD 102.27, EOD 104.95; ESI shed 1.11, HOD 68.10, LOD 66.59, EOD 66.91; CME shed 3.37, HOD 269.88, LOD 263.24, EOD 263.87; PEP shed 2.00, HOD 66.60, LOD 65.22, EOD 66.11.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,169, declined stock prices 1,479, unchanged stock prices 154, stock prices hitting new highs 113 and stock prices hitting new lows 25. 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 gain 0.03, HOD 290.48, LOD 286.96, EOD 289.22; BLUD shed 3.37, HOD 16.93, LOD 15.01, EOD 16.72; EQIX gain 4.66, HOD 75.66, LOD 70.70, EOD 75.00; FSLR gain 1.92, HOD 143.18, LOD 139.30, EOD 140.56; ITMN gain 1.02, HOD 14.85, LOD 13.75, EOD 14.47; CMTL gain 1.06, HOD 30.39, LOD 29.23, EOD 29.38.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 209, declined stock prices 280, unchanged stock prices 31, stock prices hitting new highs 25 and stock prices hitting new lows n/a.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1153.25; Change -2.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,008.25; Change 4.00
E-mini DOW $5 (YM) Mar 10: EOD 10,882; Change -24
Nikkei 225 (Yen) Mar 10: EOD 9,620; Change -50

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7186 to U.S. Dollars 1.3900
Japanese Yen 82.3750 to U.S. Dollars 0.0121
British Pound 0.6301 to U.S. Dollars 1.5900
Canadian Dollar 1.0186 to U.S. Dollars 0.9820
Swiss Franc 0.9670 to U.S. Dollars 1.03

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (November 10) shed $1.56, EOD $81.67 per barrel ($US per barrel)
Heating Oil (November 10) shed $0.05, EOD $2.25 a gallon ($US per gallon)
Natural Gas (November 10) shed $0.24, EOD $3.62 per million BTU ($US per mmbtu.)
Unleaded Gas (November 10) shed $0.03, EOD $2.12 gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 10) shed $12.70, EOD $1,335.00 ($US per Troy ounce)
Silver (December 10) shed $0.45, EOD $22.58 ($US per Troy ounce)
Platinum (January 10) shed $7.00, EOD $1,705.00 ($US per Troy ounce)
Copper (December 10) shed $0.07, EOD $3.68 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 10) shed $0.90, EOD $71.30
Pork Bellies (February 10) shed $1.50, EOD $103.00
Live Cattle (December 10) gain $0.07, EOD $97.15
Feeder Cattle (November 10) shed $0.27, EOD $108.98

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) gain $9.75, EOD $498.25
Soybeans (November 10) gain $3.00, EOD $1,065.00

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