Archive for the ‘Closing bell’ tag
Today’s close: down .89%
A quiet Monday will do just fine after what we’ve been through over the past few months. Oil and commodity prices were stable to rising throughout the day, but the tech sector was dragging everybody down. Looks like a bit of profit-taking on the small Santa Claus rally of last week.
Closing numbers
- Friday’s close, 42.72
- Today’s open, 41.98
- Range: 42.71-43.30
- Close: 42.34, -.38 (-.89%)
- Volume: 4,937,333
The Indexes:
- Dow, 8483.93, -31.62 (-0.37%)
- S&P 500, 869.42, -3.38 (-0.39%)
- Nasdaq, 1510.32, -19.92 (-1.30%)
Volume suggests most traders are still on Christmas vacation.
Today’s close: Up 1.93%
OK, so maybe the Santa Claus rally showed up a day late. A quiet Friday that saw no further collapse of oil prices seemed to spread a bit of cheer through the markets.
Closing numbers
- Wednesday’s close, 41.91
- Today’s open, 41.98
- Range: 41.90-42.91
- Close: 42.72 +0.81 (1.93%)
- Volume: 2,840,015
The Indexes:
- Dow, 8,515.55, +47.07 (0.56%)
- S&P 500, 872.80 +7.38 (0.85%)
- Nasdaq, 1,530.24 +5.34 (0.35%)
Tough to say what today’s numbers mean with such light volume. The ugly numbers on retail sales didn’t seem to bug the markets too much, which is a small ray of sunshine.
Today’s close: down 1.56%
Bad news on the housing and GDP fronts drove the broader markets down, with Caterpillar dropping 1.56 percent vs. a 1.18 percent loss on the Dow Jones Industrial Average. Holiday week volume is dropping; yesterday’s was 9.1 million, today’s was 6.4 million.
Tuesday’s numbers:
- Monday’s close, 41.78
- Today’s open, 42.08
- Range: 40.65 - 42.27
- Close: 41.13, down 0.65 (-1.56%)
- Volume: 6,445,283
The Indexes:
- Dow, 8419.49, -100.28 (-1.18%)
- S&P 500, 863.16, -8.47 (-0.97%)
- Nasdaq, 1521.54 -10.81 (-.71%)
It looks like we’re getting the traditional bear market slope of hope — small losses every day gradually eating away at all the gains.
Today’s close: minus 2.13 percent
Caterpillar took a mild beating on a day when oil futures continued to sink and the previously impregnable Toyota announced it expects to notch its first loss in 70 years, sending a shudder through the markets.
Cat’s numbers:
- Friday’s close, 42.69
- Today’s open, 43.12
- Range: 40.82 - 43.49
- Close: 41.78, down 0.91 (-2.13%)
- Volume: 9,009,414
The Indexes:
- Dow, 8519.69, -59.42 (-0.69%)
- S&P 500, 871.63, -16.25 (-1.83%)
- Nasdaq, 1532.35, -31.97 (-2.04%)
So much for the Santa Claus rally. About the only bright spot is the declining volume, which should endure all week with many financial players taking Christmas vacation.