The Daily Market Report


This is Hannah Halleck, for Jim Mellinger of Edward Jones, member of the New York Stock Exchange, Inc. bringing you the daily financial market report.

U.S. stock and bond prices fell after home sales unexpectedly fell, raising concern the economic recession may be worsening. Industrial and health care shares led the market lower. Financial shares closed slightly lower after more details of the "stress test" for the 19 large financial institutions emerged. Energy shares also declined despite an increase in the price of crude oil.

The Dow was down 80 point to close at 7270
The S & P was down 8 points to close at 764
The Nasdaq was down 16 points to close at 1425

Volume on the New York Stock Exchange was moderate, with 1.8 billion shares traded. Declining issues outnumbered advancers by a 2-to-1 margin.

Crude oil prices rose $2.54 to $42.50 per barrel on the New York Mercantile Exchange.

This is Hannah Halleck for Jim Mellinger of Edward Jones, a member of the Securities Investor Protection Corp at 216 Munson Ave, in Traverse City. Bringing you this Wall Street to Main Street Report.
Have a great night everyone!
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This is what I am doing four out of five nights this week at 4:35 p.m.
The segment airs on the local radio station @ 5:20 p.m. on 92.9 the Breeze!

At first I was scared to death to talk on the radio...but, now that I know that I don't sound like a child (at least not as much as I thought I would) I don't mind doing it. It's actually kinda fun. Kinda.

3 comments:

  1. A daughter on the radio.
    A son on TV.
    Do you think there is a future for Oakley or Molly on "Dock Dogs"?
    MOM

    ReplyDelete