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Closing Update: Broad Afternoon Declines Leave Dow to Finish Below 12K for First Time Since March 17 [Midnight Trader]
(20 Jun 2008 16:09:00 EDT)
Boston, Jun 20, 2008 -- -NYSE down 160.68 to 8,828.16. -DJIA down 221 to 11,841.79. -S&P 500 down 25 to 1,317.28. -Nasdaq down 55 to 2,406.09. GLOBAL SENTIMENT. -Hang Seng -0.23% -Nikkei -1.33% -FTSE -1.3% DOWNSIDE MOVERS. MER, BAC, LEH, other banks and brokerages lower amid profit concern speculations, negative analyst notes.
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Mid-Day: Stocks Sink As Oil Prices Jump, Financials Decline [Midnight Trader]
(20 Jun 2008 11:52:00 EDT)
Boston, Jun 20, 2008 -- Here's where markets stand at mid-day. -DJIA down 129.13 to 11,933.96. -S&P 500 down 14.45 to 1,328.38. -Nasdaq down 41.69 to 2,420.37. GLOBAL SENTIMENT. -Hang Seng -0.23% -Nikkei -1.33% -FTSE -1.3% Top Five Actives on NYSE. C, -2.2% GE, -1.0% BAC, -0.9% WFC, -1.5% WB, +0.5% Top Five % Gainers on NYSE.
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Pressure Expected Back on Stocks From Persistent Sources, Oil and Financials [Midnight Trader]
(20 Jun 2008 09:11:00 EDT)
Boston, Jun 20, 2008 -- U.S. PRE-MARKET INDICATORS. -Dow Industrial futures down 66 points. -S&P 500 futures down 8 points. -Nasdaq futures fell 12 points. -Nasdaq-100 Pre-Market Indicator down 8.49 at 1974.2. GLOBAL SENTIMENT. Hang Seng down 0.2% Nikkei down 1.3% FTSE down 0.4% PRE-MARKET SECTOR WATCH. Large cap tech: mostly lower. Chip stocks: lower. Small cap stocks: mixed. Drug stocks: mixed.