Market Update

[MTnews]

Daily Market Commentary for March 9, 2010

Market Update

In today's market update stocks were on the rise after a rocky start. (Read more at Millennium-Traders.Com)

Economic data released today:

IBD/TIPP Economic Optimism:
U.S. March IBD/TIPP Economic Optimism Index 45.4 versus 46.8 in February; U.S. March IBD/TIPP 6-Month Economic Outlook 46.4.

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) gain 10.35 points, EOD 10,562.87
NYSE (New York Stock Exchange) gain 1.41, EOD 7,293.94
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 7.96 points, EOD 2,340.17
S&P 500 (SPX) gain 1.83 points, EOD 1,140.33
BEL 20 (BEL20) gain 5.48 points, EOD 2,606.31
CAC 40 (CAC40) gain 6.47 points, EOD 3,910.01
FTSE100 (UKX100) shed 4.42, EOD 5,602.30
NIKKEI 225 (NIK/O) shed 17.39 points, EOD 10,567.65

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,726, declined stock prices 1,373, unchanged stock prices 105, stock prices hitting new highs 428 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: EJ shed 0.30, HOD 21.09, LOD 19.74, EOD 20.43; POT shed 0.51, HOD 118.98, LOD 116.80, EOD 117.40; CME shed 4.99, HOD 311.00, LOD 306.22, EOD 308.14; AIG gain 3.67, HOD 34.80, LOD 28.08, EOD 32.77; MA gain 0.87, HOD 251.89, LOD 244.66, EOD 246.48; WX shed 0.01, HOD 16.14, LOD 14.76, EOD 15.80.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,507, declined stock prices 1,198, unchanged stock prices 126, stock prices hitting new highs 211 and stock prices hitting new lows 8. 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: FSLR shed 2.42, HOD 107.28, LOD 104.83, EOD 106.22; AAPL gain 3.94, HOD 225.00, LOD 217.89, EOD 223.02; EXEL shed 0.50, HOD 6.86, LOD 6.22, EOD 6.31; BIDU gain 4.77, HOD 544.33, LOD 533.35, EOD 539.10; FRPT gain 0.77, HOD 6.44, LOD 5.81, EOD 6.25; CASY shed 1.43, HOD 30.68, LOD 29.60, EOD 30.07; TIVO shed 0.38, HOD 17.58, LOD 15.89, EOD 16.70.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 259, declined stock prices 224, unchanged stock prices 41, stock prices hitting new highs 26 and stock prices hitting new lows 2.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1139.75; Change 2.75
E-mini NASDAQ-100 (NQ) Mar 10: EOD 1,901.00; Change 12.75
E-mini DOW $5 (YM) Mar 10: EOD 10,557; Change 19
E-mini S&P MidCap 400 (MF) Mar 10: EOD 772.00; Change 1.20
Nikkei 225 (Yen) Mar 10: EOD 10,580; Change -40

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7355 U.S. Dollars 1.3597
Japanese Yen 89.9700 to U.S. Dollars 0.0111
British Pound 0.6669 to U.S. Dollars 1.4994
Canadian Dollar 1.0258 to U.S. Dollars 0.9748
Swiss Franc 1.0753 to U.S. Dollars 0.9300

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (April 10) shed $0.61, EOD $81.26 per barrel ($US per barrel)
Heating Oil (April 10) shed $0.02, EOD $2.09 a gallon ($US per gallon)
Natural Gas (April 10) shed $0.02, EOD $4.51 per million BTU ($US per mmbtu.)
Unleaded Gas (April 10) shed $0.03, EOD $2.26 gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 10) shed $2.20, EOD $1,121.80 ($US per Troy ounce)
Silver (May 10) gain $0.06, EOD $17.33 ($US per Troy ounce)
Platinum (April 10) shed $11.00, EOD $1,589.10 ($US per Troy ounce)
Copper (May 10) unchanged $0.00, EOD $3.41 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 10) shed $0.40, EOD $72.40
Pork Bellies (May 10) gain $0.78, EOD $92.80
Live Cattle (April 10) gain $0.20, EOD $94.40
Feeder Cattle (April 10) gain $0.03, EOD $106.03

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 10) shed $6.00, EOD $369.00
Soybeans (May 10) unchanged, EOD $947.50

BOND MARKET:
2 year EOD 100, change 2/32, Yield 0.87, Yield change -0.02
5 year EOD 100 6/32, change 6/32, Yield 2.33 Yield change -0.03
10 year EOD 99 12/32, change 2/32, Yield 3.70 Yield change 0.00
30 year EOD 99 6/32, change 7/32, Yield 4.67, change -0.01

Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

Visitors may subscribe to our free Weekly Market News for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.

Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
Millennium-Traders.Com