Stock Market Recap: Stocks Up Across the Board, Whole Foods Faces Big Loss
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
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PowerRating) – The second largest US mortgage company added 2.29 to 27.25 after announcing a smaller loss than anticipated.
Deere
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PowerRating) Gave back 10% falling 8.99 to 81.20 on the heels of construction slowing and rising material costs.
Whole Foods
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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
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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.
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