|
Finance Home - My Yahoo - Yahoo! - Help |
| Symbol | Last | Change |
|---|---|---|
| Dow | 10,023.42 | |
| Nasdaq | 2,112.44 | |
| S&P 500 | 1,069.30 | |
| 10-Yr Bond | 3.503% | |
| NYSE Volume | 4,416,950,000 | |
| Nasdaq Volume | 1,845,147,875 | |
| NYSE | NASDAQ | |
|---|---|---|
| Advances | 1,546 (49%) | 1,255 (45%) |
| Declines | 1,470 (47%) | 1,441 (51%) |
| Unchanged | 127 (4%) | 123 (4%) |
| Up Vol* | 2,079 (1704%) | 1,118 (61%) |
| Down Vol* | 1,979 (1622%) | 684 (37%) |
| Unch. Vol* | 360 (295%) | 43 (2%) |
| New Hi's | 111 | 81 |
| New Lo's | 33 | 22 |
Market CoverageMarket Overview, Market Update, In Play, Story Stocks, Short Stories, Tech Stocks |
Market StatisticsMkt Digest, Most Actives, U.S. Indices, World Indices, Exchange Rates, Unusual Volume, Commodities |
Today's EventsEarnings, Conf. Calls, Economic, IPOs, Splits, Up/Downgrades |
Financial NewsTop Stories, U.S Markets, Most Viewed Articles, Full Coverage, Real-time Quotes, Research Reports |
Premium ServicesReal-time Quotes, Research Reports |
Investing ToolsStock Alerts, News Alerts |
Market Update |
|
Weekly Recap - Week ending 06-Nov-09The S&P 500 gained every session this week, with the bulk of the gain coming on Thursday following solid results from Cisco (CSCO) and a surge in nonfarm productivity. The much talked about stock market correction continues to fail to materialize with the S&P 500 just 2.9% from its 2009 highs and up 60% from it's march low.
All ten sectors advanced during the volatile week of trade, though cyclical stocks saw the most buying interest. Industrials surged 6.1%, consumer discretionary advanced 4.7% and materials gained 5.0%. Defensive areas underperformed on a relative basis, with telecom and consumer staples both gaining just 1.0%.
In economic news, third quarter nonfarm productivity surged 9.5% in its preliminary report. That is considerably better than the consensus which called for an increase of 6.5% increase. The surge marked the largest gain in productivity since 2003. It was fueled by the sharp increase in third quarter output and the considerable drop in hours worked. With job conditions still weak, unit labor costs dropped 5.2% in the third quarter. They were expected to fall 4.2%.
October nonfarm payrolls fell 190,000 in October, which was worse than the expected decline of 175,000. Meanwhile, the unemployment rate rose to 10.2% from 9.8%, which was worse than the 9.9% consensus. The rise in unemployment was not due to more workers entering the workforce -- the labor force declined by 31,000 people as 259,000 workers left the workforce over the last month. The jump in unemployment was solely due to an increase in the number of unemployed. and reflects the continued challenges in the labor market
| Copyright © 2006 Yahoo! Inc. All rights reserved. Terms of Service. To learn more about Yahoo!'s use of personal information, please read the Privacy Policy. |
| All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein. Quotes delayed, except where indicated otherwise. Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges. Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. |