Stocks at Wall Street ended in a mixed mode once again on Wednesday, 04 November, 2009. But in contrast to a day before, it was tech heavy Nassaq that was the only index to end in the red. Economic repots and weak dollar helped the Dow and S&P 500 register modest gains for the day. The latest monetary policy defectives from the Federal Reserve which made no major changes also kept the overall mood intact.
The Dow Jones Industrial Average ended higher by 30.2 points at 9,802.28. The Nasdaq Composite Index, ended lower by 1.8 points at 2,055.8. S&P 500 ended higher by 1.09 points at 1046.5. Dow was up by 147 points earlier during the day.
Five of ten sectors ended in the green led by healthcare and technology sectors. Telecom and financials sectors were the main losers.
The Institute for Supply Management reported on Wednesday, 04 November, 2009 that its nonmanufacturing index fell to 50.6% from 50.9% in September. The report showed that business conditions improved in October across a narrower group of companies in the U.S. nonmanufacturing sectors. Readings above 50% indicate more firms said business is improving than said it's worsening.
In a separate report, participants also digested in the early going the ADP Employment Change Report for October. The report indicated that last month private payrolls fell by 203,000, which is a bit worse than the 198,000 job losses that were widely expected. The ADP Report is a precursor to the official nonfarm payrolls report on Friday.
The FOMC's statement hit news wires at 2:15 PM ET. It indicated that although economic activity is likely to remain weak for a time, the FOMC anticipates that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus.
Moreover, the FOMC will maintain the target range for the federal funds rate at 0.00% to 0.25% and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
Crude prices ended higher at Nymex on Wednesday, 04 November, 2009. Prices rose a energy department reported unexpected drop in crude inventories for last week. The weak dollar also aided in rising crude prices.
In the earnings area, Kraft was the only Dow component to report. It struggled as light revenue results overshadowed its better-than-expected earnings.
On Wednesday, crude-oil futures for light sweet crude for December delivery closed at $80.02/barrel (higher by $0.42 or 0.05%). Earlier, during intra day trading, it rose to a high of $81.1.
The EIA reported in its weekly inventory report today that crude inventories fell 4 million barrels in the week ended 30 October, 2009. The report also showed that gasoline inventories decreased 300,000 barrels during the week under review. The EIA also reported a 400,000 decline in distillate inventories, which include heating oil and diesel.
In the currency market on Wednesday, the dollar index, which calculates the strength of the dollar against a basket of six other currencies fell by 0.5%.
Stocks at Wall Street ended in a mixed mode once again on Wednesday, 04 November, 2009. But in contrast to a day before, it was tech heavy Nassaq that was the only index to end in the red. Economic repots and weak dollar helped the Dow and S&P 500 register modest gains for the day. The latest monetary policy defectives from the Federal Reserve which made no major changes also kept the overall mood intact.
The Dow Jones Industrial Average ended higher by 30.2 points at 9,802.28. The Nasdaq Composite Index, ended lower by 1.8 points at 2,055.8. S&P 500 ended higher by 1.09 points at 1046.5. Dow was up by 147 points earlier during the day.
Five of ten sectors ended in the green led by healthcare and technology sectors. Telecom and financials sectors were the main losers.
The Institute for Supply Management reported on Wednesday, 04 November, 2009 that its nonmanufacturing index fell to 50.6% from 50.9% in September. The report showed that business conditions improved in October across a narrower group of companies in the U.S. nonmanufacturing sectors. Readings above 50% indicate more firms said business is improving than said it's worsening.
In a separate report, participants also digested in the early going the ADP Employment Change Report for October. The report indicated that last month private payrolls fell by 203,000, which is a bit worse than the 198,000 job losses that were widely expected. The ADP Report is a precursor to the official nonfarm payrolls report on Friday.
The FOMC's statement hit news wires at 2:15 PM ET. It indicated that although economic activity is likely to remain weak for a time, the FOMC anticipates that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus.
Moreover, the FOMC will maintain the target range for the federal funds rate at 0.00% to 0.25% and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
Crude prices ended higher at Nymex on Wednesday, 04 November, 2009. Prices rose a energy department reported unexpected drop in crude inventories for last week. The weak dollar also aided in rising crude prices.
In the earnings area, Kraft was the only Dow component to report. It struggled as light revenue results overshadowed its better-than-expected earnings.
On Wednesday, crude-oil futures for light sweet crude for December delivery closed at $80.02/barrel (higher by $0.42 or 0.05%). Earlier, during intra day trading, it rose to a high of $81.1.
The EIA reported in its weekly inventory report today that crude inventories fell 4 million barrels in the week ended 30 October, 2009. The report also showed that gasoline inventories decreased 300,000 barrels during the week under review. The EIA also reported a 400,000 decline in distillate inventories, which include heating oil and diesel.
In the currency market on Wednesday, the dollar index, which calculates the strength of the dollar against a basket of six other currencies fell by 0.5%.
Stocks at Wall Street ended in a mixed mode once again on Wednesday, 04 November, 2009. But in contrast to a day before, it was tech heavy Nassaq that was the only index to end in the red. Economic repots and weak dollar helped the Dow and S&P 500 register modest gains for the day. The latest monetary policy defectives from the Federal Reserve which made no major changes also kept the overall mood intact.
The Dow Jones Industrial Average ended higher by 30.2 points at 9,802.28. The Nasdaq Composite Index, ended lower by 1.8 points at 2,055.8. S&P 500 ended higher by 1.09 points at 1046.5. Dow was up by 147 points earlier during the day.
Five of ten sectors ended in the green led by healthcare and technology sectors. Telecom and financials sectors were the main losers.
The Institute for Supply Management reported on Wednesday, 04 November, 2009 that its nonmanufacturing index fell to 50.6% from 50.9% in September. The report showed that business conditions improved in October across a narrower group of companies in the U.S. nonmanufacturing sectors. Readings above 50% indicate more firms said business is improving than said it's worsening.
In a separate report, participants also digested in the early going the ADP Employment Change Report for October. The report indicated that last month private payrolls fell by 203,000, which is a bit worse than the 198,000 job losses that were widely expected. The ADP Report is a precursor to the official nonfarm payrolls report on Friday.
The FOMC's statement hit news wires at 2:15 PM ET. It indicated that although economic activity is likely to remain weak for a time, the FOMC anticipates that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus.
Moreover, the FOMC will maintain the target range for the federal funds rate at 0.00% to 0.25% and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
Crude prices ended higher at Nymex on Wednesday, 04 November, 2009. Prices rose a energy department reported unexpected drop in crude inventories for last week. The weak dollar also aided in rising crude prices.
In the earnings area, Kraft was the only Dow component to report. It struggled as light revenue results overshadowed its better-than-expected earnings.
On Wednesday, crude-oil futures for light sweet crude for December delivery closed at $80.02/barrel (higher by $0.42 or 0.05%). Earlier, during intra day trading, it rose to a high of $81.1.
The EIA reported in its weekly inventory report today that crude inventories fell 4 million barrels in the week ended 30 October, 2009. The report also showed that gasoline inventories decreased 300,000 barrels during the week under review. The EIA also reported a 400,000 decline in distillate inventories, which include heating oil and diesel.
In the currency market on Wednesday, the dollar index, which calculates the strength of the dollar against a basket of six other currencies fell by 0.5%.
Stocks at Wall Street ended in a mixed mode once again on Wednesday, 04 November, 2009. But in contrast to a day before, it was tech heavy Nassaq that was the only index to end in the red. Economic repots and weak dollar helped the Dow and S&P 500 register modest gains for the day. The latest monetary policy defectives from the Federal Reserve which made no major changes also kept the overall mood intact.
The Dow Jones Industrial Average ended higher by 30.2 points at 9,802.28. The Nasdaq Composite Index, ended lower by 1.8 points at 2,055.8. S&P 500 ended higher by 1.09 points at 1046.5. Dow was up by 147 points earlier during the day.
Five of ten sectors ended in the green led by healthcare and technology sectors. Telecom and financials sectors were the main losers.
The Institute for Supply Management reported on Wednesday, 04 November, 2009 that its nonmanufacturing index fell to 50.6% from 50.9% in September. The report showed that business conditions improved in October across a narrower group of companies in the U.S. nonmanufacturing sectors. Readings above 50% indicate more firms said business is improving than said it's worsening.
In a separate report, participants also digested in the early going the ADP Employment Change Report for October. The report indicated that last month private payrolls fell by 203,000, which is a bit worse than the 198,000 job losses that were widely expected. The ADP Report is a precursor to the official nonfarm payrolls report on Friday.
The FOMC's statement hit news wires at 2:15 PM ET. It indicated that although economic activity is likely to remain weak for a time, the FOMC anticipates that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus.
Moreover, the FOMC will maintain the target range for the federal funds rate at 0.00% to 0.25% and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
Crude prices ended higher at Nymex on Wednesday, 04 November, 2009. Prices rose a energy department reported unexpected drop in crude inventories for last week. The weak dollar also aided in rising crude prices.
In the earnings area, Kraft was the only Dow component to report. It struggled as light revenue results overshadowed its better-than-expected earnings.
On Wednesday, crude-oil futures for light sweet crude for December delivery closed at $80.02/barrel (higher by $0.42 or 0.05%). Earlier, during intra day trading, it rose to a high of $81.1.
The EIA reported in its weekly inventory report today that crude inventories fell 4 million barrels in the week ended 30 October, 2009. The report also showed that gasoline inventories decreased 300,000 barrels during the week under review. The EIA also reported a 400,000 decline in distillate inventories, which include heating oil and diesel.
In the currency market on Wednesday, the dollar index, which calculates the strength of the dollar against a basket of six other currencies fell by 0.5%.
Stocks at Wall Street ended in a mixed mode once again on Wednesday, 04 November, 2009. But in contrast to a day before, it was tech heavy Nassaq that was the only index to end in the red. Economic repots and weak dollar helped the Dow and S&P 500 register modest gains for the day. The latest monetary policy defectives from the Federal Reserve which made no major changes also kept the overall mood intact.
The Dow Jones Industrial Average ended higher by 30.2 points at 9,802.28. The Nasdaq Composite Index, ended lower by 1.8 points at 2,055.8. S&P 500 ended higher by 1.09 points at 1046.5. Dow was up by 147 points earlier during the day.
Five of ten sectors ended in the green led by healthcare and technology sectors. Telecom and financials sectors were the main losers.
The Institute for Supply Management reported on Wednesday, 04 November, 2009 that its nonmanufacturing index fell to 50.6% from 50.9% in September. The report showed that business conditions improved in October across a narrower group of companies in the U.S. nonmanufacturing sectors. Readings above 50% indicate more firms said business is improving than said it's worsening.
In a separate report, participants also digested in the early going the ADP Employment Change Report for October. The report indicated that last month private payrolls fell by 203,000, which is a bit worse than the 198,000 job losses that were widely expected. The ADP Report is a precursor to the official nonfarm payrolls report on Friday.
The FOMC's statement hit news wires at 2:15 PM ET. It indicated that although economic activity is likely to remain weak for a time, the FOMC anticipates that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus.
Moreover, the FOMC will maintain the target range for the federal funds rate at 0.00% to 0.25% and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
Crude prices ended higher at Nymex on Wednesday, 04 November, 2009. Prices rose a energy department reported unexpected drop in crude inventories for last week. The weak dollar also aided in rising crude prices.
In the earnings area, Kraft was the only Dow component to report. It struggled as light revenue results overshadowed its better-than-expected earnings.
On Wednesday, crude-oil futures for light sweet crude for December delivery closed at $80.02/barrel (higher by $0.42 or 0.05%). Earlier, during intra day trading, it rose to a high of $81.1.
The EIA reported in its weekly inventory report today that crude inventories fell 4 million barrels in the week ended 30 October, 2009. The report also showed that gasoline inventories decreased 300,000 barrels during the week under review. The EIA also reported a 400,000 decline in distillate inventories, which include heating oil and diesel.
In the currency market on Wednesday, the dollar index, which calculates the strength of the dollar against a basket of six other currencies fell by 0.5%.
Stocks at Wall Street ended in a mixed mode once again on Wednesday, 04 November, 2009. But in contrast to a day before, it was tech heavy Nassaq that was the only index to end in the red. Economic repots and weak dollar helped the Dow and S&P 500 register modest gains for the day. The latest monetary policy defectives from the Federal Reserve which made no major changes also kept the overall mood intact.
The Dow Jones Industrial Average ended higher by 30.2 points at 9,802.28. The Nasdaq Composite Index, ended lower by 1.8 points at 2,055.8. S&P 500 ended higher by 1.09 points at 1046.5. Dow was up by 147 points earlier during the day.
Five of ten sectors ended in the green led by healthcare and technology sectors. Telecom and financials sectors were the main losers.
The Institute for Supply Management reported on Wednesday, 04 November, 2009 that its nonmanufacturing index fell to 50.6% from 50.9% in September. The report showed that business conditions improved in October across a narrower group of companies in the U.S. nonmanufacturing sectors. Readings above 50% indicate more firms said business is improving than said it's worsening.
In a separate report, participants also digested in the early going the ADP Employment Change Report for October. The report indicated that last month private payrolls fell by 203,000, which is a bit worse than the 198,000 job losses that were widely expected. The ADP Report is a precursor to the official nonfarm payrolls report on Friday.
The FOMC's statement hit news wires at 2:15 PM ET. It indicated that although economic activity is likely to remain weak for a time, the FOMC anticipates that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus.
Moreover, the FOMC will maintain the target range for the federal funds rate at 0.00% to 0.25% and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
Crude prices ended higher at Nymex on Wednesday, 04 November, 2009. Prices rose a energy department reported unexpected drop in crude inventories for last week. The weak dollar also aided in rising crude prices.
In the earnings area, Kraft was the only Dow component to report. It struggled as light revenue results overshadowed its better-than-expected earnings.
On Wednesday, crude-oil futures for light sweet crude for December delivery closed at $80.02/barrel (higher by $0.42 or 0.05%). Earlier, during intra day trading, it rose to a high of $81.1.
The EIA reported in its weekly inventory report today that crude inventories fell 4 million barrels in the week ended 30 October, 2009. The report also showed that gasoline inventories decreased 300,000 barrels during the week under review. The EIA also reported a 400,000 decline in distillate inventories, which include heating oil and diesel.
In the currency market on Wednesday, the dollar index, which calculates the strength of the dollar against a basket of six other currencies fell by 0.5%.
Stocks at Wall Street ended in a mixed mode once again on Wednesday, 04 November, 2009. But in contrast to a day before, it was tech heavy Nassaq that was the only index to end in the red. Economic repots and weak dollar helped the Dow and S&P 500 register modest gains for the day. The latest monetary policy defectives from the Federal Reserve which made no major changes also kept the overall mood intact.
The Dow Jones Industrial Average ended higher by 30.2 points at 9,802.28. The Nasdaq Composite Index, ended lower by 1.8 points at 2,055.8. S&P 500 ended higher by 1.09 points at 1046.5. Dow was up by 147 points earlier during the day.
Five of ten sectors ended in the green led by healthcare and technology sectors. Telecom and financials sectors were the main losers.
The Institute for Supply Management reported on Wednesday, 04 November, 2009 that its nonmanufacturing index fell to 50.6% from 50.9% in September. The report showed that business conditions improved in October across a narrower group of companies in the U.S. nonmanufacturing sectors. Readings above 50% indicate more firms said business is improving than said it's worsening.
In a separate report, participants also digested in the early going the ADP Employment Change Report for October. The report indicated that last month private payrolls fell by 203,000, which is a bit worse than the 198,000 job losses that were widely expected. The ADP Report is a precursor to the official nonfarm payrolls report on Friday.
The FOMC's statement hit news wires at 2:15 PM ET. It indicated that although economic activity is likely to remain weak for a time, the FOMC anticipates that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus.
Moreover, the FOMC will maintain the target range for the federal funds rate at 0.00% to 0.25% and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
Crude prices ended higher at Nymex on Wednesday, 04 November, 2009. Prices rose a energy department reported unexpected drop in crude inventories for last week. The weak dollar also aided in rising crude prices.
In the earnings area, Kraft was the only Dow component to report. It struggled as light revenue results overshadowed its better-than-expected earnings.
On Wednesday, crude-oil futures for light sweet crude for December delivery closed at $80.02/barrel (higher by $0.42 or 0.05%). Earlier, during intra day trading, it rose to a high of $81.1.
The EIA reported in its weekly inventory report today that crude inventories fell 4 million barrels in the week ended 30 October, 2009. The report also showed that gasoline inventories decreased 300,000 barrels during the week under review. The EIA also reported a 400,000 decline in distillate inventories, which include heating oil and diesel.
In the currency market on Wednesday, the dollar index, which calculates the strength of the dollar against a basket of six other currencies fell by 0.5%.
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