Quantcast
Free Trial!
Today’s Best Stocks To Trade!  Click Here



Stock Market Recap: Stocks Up Across the Board, Whole Foods Faces Big Loss

By David Goodboy | TradingMarkets.com
Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS

Stock indexes closed up across the board after the CPI climbed less than anticipated. The DJIA added +66.20 points to 12,898.38, the S&P500 climbed +5.62 points to 1408.66 and the NASDAQ advanced +1.57 to 2496.69.

Freddie Mac (FRE | Quote | Chart | News | PowerRating) - The second largest US mortgage company added 2.29 to 27.25 after announcing a smaller loss than anticipated.

Deere (DE | Quote | Chart | News | PowerRating) Gave back 10% falling 8.99 to 81.20 on the heels of construction slowing and rising material costs.

Whole Foods (WFMI | Quote | Chart | News | PowerRating) - Was the biggest loser in the S&P 500 collapsing 4.68 to 28.96 due to slowing sales growth and trailing analysts estimates.

Pulte Homes (PHM | Quote | Chart | News | PowerRating) - added .89 cents to 13.78 due to favorable news from the mortgage business.

The Volatility Index $VIX which measures the cost of insuring against losses in the S&P500 fell to a new yearly low of 16.20.

Crude oil gave back 1.24% to 124.24 on rising supply estimates.

Market Snapshot

Dow

+66.20 12,898.38

NASDAQ

+1.57 2,496.69

S&P 500

+5.62 1,408.66

Economic News

Stocks RSS
Related Articles
PREMIER SPONSORED LINKS
TRADE CENTER
 
RELATED SITES
Nothing but forex

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.

Treasury Budget (Apr): Actual $159.3B, Consensus $160.0B

Export Prices ex-ag. (Apr): Consensus NA, Prior 1.2%

Import Prices ex-oil (Apr): Consensus NA, Prior 1.1%

Retail Sales (Apr): Consensus -0.2%, Prior 0.2%

Retail Sales ex-auto (Apr): Consensus 0.2%, Prior 0.1%

Business Inventories (Mar): Consensus 0.4%, Prior 0.6%

Core CPI (Apr): Consensus 0.2%, Prior 0.2%

CPI (Apr): Consensus -$0.3%, Prior 0.3%