The 3 Majors Closed Lower Today On Concerns About Inflation and Interest Rates
The 3 major indices closed lower today despite the fact that crude for future delivery dipped below the $68 mark: Unit Labor Costs climbed at a higher-than-expected rate in the second-quarter, which led many investors to worry that the Federal Open Market Committee (FOMC) may raise interest rates before the year is out. 1,435,295,920 shares were traded @ The New York Stock Exchange®.
Shares of Dow Jones Industrial Average (DJIA) component Exxon Mobil (XOM) gained $1.30 (+1.90%) to close @ $67.18.
Shares of Donaldson Company Inc. (DCI) added $5.28 (+15.97%) to close @ $38.34.
Shares of FMS Financial Corporation (FMCO) added $2.65 (+15.19%) to close @ $20.10.
Shares of Datalink Corporation (DTLK) added $1.12 (+15.07%) to close @ $8.55.
Shares of Hain Celestial Group Inc. (HAIN) added $2.15 (+9.27%) to close @ $25.35.
Shares of Hain Celestial Group Inc. (HAIN) added $2.15 (+9.27%) to close @ $25.35.
Shares of Apple Computer (AAPL) lost $1.45 (-2.03%) to close @ $70.03 (currently, Apple is delinquent in its regulatory filings.)
Shares of Genomic Health Inc. (GHDX) lost $2.43 (-17.38%) to close @ $11.55.
Shares of Komag Inc. (KOMG) lost $4.93 (-13.60%) to close @ $31.33.
Shares of Verasun Energy Corporation (VSE) lost $2.31 (-10.94%) to close @ $18.80.
Shares of Carrier Access Corporation (CACS) lost $3.34 (-36.62%) to close @ $5.78.
Shares of Wolverine Tube Inc. (WLV) lost $1.35 (-26.16%) to close @ $3.81.
Shares of PlanetOut Inc. (LGBT) lost $1.13 (-26.97%) to close @ $3.06.
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 11,406.20 (-63.08)
NASDAQ: Closed @ 2,167.84 (-37.86)
S&P 500: Closed @ 1,300.26 (-12.99)
----------------------------------------------------------
NYMEX Crude Oil Future is currently @ $67.60/barrel
NY Spot Gold closed @ $633.40/ounce (-$5.00)
In New York, The U.S. Dollar buys 0.7796 Euros
In New York, The Euro buys 1.2826 U.S. Dollars
The U.S. Prime Rate (WSJ Prime Rate) is 8.25%
10-Year Treasury Note Yield is currently @ 4.801%
Shares of Dow Jones Industrial Average (DJIA) component Exxon Mobil (XOM) gained $1.30 (+1.90%) to close @ $67.18.
Shares of Donaldson Company Inc. (DCI) added $5.28 (+15.97%) to close @ $38.34.
Shares of FMS Financial Corporation (FMCO) added $2.65 (+15.19%) to close @ $20.10.
Shares of Datalink Corporation (DTLK) added $1.12 (+15.07%) to close @ $8.55.
Shares of Hain Celestial Group Inc. (HAIN) added $2.15 (+9.27%) to close @ $25.35.
Shares of Hain Celestial Group Inc. (HAIN) added $2.15 (+9.27%) to close @ $25.35.
Shares of Apple Computer (AAPL) lost $1.45 (-2.03%) to close @ $70.03 (currently, Apple is delinquent in its regulatory filings.)
Shares of Genomic Health Inc. (GHDX) lost $2.43 (-17.38%) to close @ $11.55.
Shares of Komag Inc. (KOMG) lost $4.93 (-13.60%) to close @ $31.33.
Shares of Verasun Energy Corporation (VSE) lost $2.31 (-10.94%) to close @ $18.80.
Shares of Carrier Access Corporation (CACS) lost $3.34 (-36.62%) to close @ $5.78.
Shares of Wolverine Tube Inc. (WLV) lost $1.35 (-26.16%) to close @ $3.81.
Shares of PlanetOut Inc. (LGBT) lost $1.13 (-26.97%) to close @ $3.06.
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 11,406.20 (-63.08)
NASDAQ: Closed @ 2,167.84 (-37.86)
S&P 500: Closed @ 1,300.26 (-12.99)
----------------------------------------------------------
NYMEX Crude Oil Future is currently @ $67.60/barrel
NY Spot Gold closed @ $633.40/ounce (-$5.00)
In New York, The U.S. Dollar buys 0.7796 Euros
In New York, The Euro buys 1.2826 U.S. Dollars
The U.S. Prime Rate (WSJ Prime Rate) is 8.25%
10-Year Treasury Note Yield is currently @ 4.801%
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