MORNING MARKET REPORT
Raymond Teo (July 1st, 2008) Writes:
NEW YORK - The Dow and S&P 500 were little changed on Monday on the final trading day of the second quarter as record oil boosted energy shares, offsetting weak financial stocks amid nagging concerns of further credit losses.
The Nasdaq ended the session lower, hurt by a drop in the shares of Yahoo as it battles with shareholders after takeover talks with Microsoft fell apart.
The Dow Jones industrial average gained 3.50 points, or 0.03 per cent, to 11,350.01. The Standard & Poor’s 500 Index was up 1.62 points, or 0.13 per cent, at 1,280.00.
The Nasdaq composite index was down 22.65 points, or 0.98 per cent, at 2,292.98.
LONDON - UK stocks ended 1.74 per cent higher, with oil stocks gaining on a record high crude price and miners, led by Anglo American, advancing on firmer metals.
The FTSE 100 index closed 96 points higher at 5,625.9.
FRANKFURT - The DAX index ended at ...
Tags for this Post:
Anglo American, Australian Share Market, Benchmark Index, Blue Chip Index, Cac 40 Index, Credit Losses, Current Market News, Dax Index, Dow Jones Industrial, Dow Jones Industrial Average, Financial Stocks, Ftse 100 Index, Hang Seng Index, Market Rebound, Nasdaq Composite Index, Nikkei Stock Average, oil stocks, Share Price Index, Sydney Futures Exchange, Takeover Talks, Uk Stocks
Anglo American, Australian Share Market, Benchmark Index, Blue Chip Index, Cac 40 Index, Credit Losses, Current Market News, Dax Index, Dow Jones Industrial, Dow Jones Industrial Average, Financial Stocks, Ftse 100 Index, Hang Seng Index, Market Rebound, Nasdaq Composite Index, Nikkei Stock Average, oil stocks, Share Price Index, Sydney Futures Exchange, Takeover Talks, Uk Stocks


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