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Daily Market Commentary for June 3, 2008 from

General Motors reported early in the morning that they will discontinue production of trucks and large SUV's at several of their plants due to the Crude Oil crisis at that gas pump. GM plans to release for sale in 2010 its electric powered Chevy Volt. ()

At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the U.S. Markets:
DOW (Dow Jones Industrial Average) triple digit loss of 100.97 points on the day to end the session at 12,402.85
NYSE (New York Stock Exchange) loss of 54.61 points to end the session at 9,262.00
NASDAQ loss of 11.05 points for a close at 2,480.48
S&P 500 loss of 8.02 points for a close at 1,377.65
FTSE All-World ex-U.S. loss of 1.29 points to close at 250.66
FTSE RAFI 1000 loss of 17.44 points for a close at 5,514.58
BEL 20 gain of 25.57 points to close at 3,717.96
CAC 40 gain of 48.5 points to close at 4,983.71
FTSE100 gain of 50.1 points to close at 6,057.7
NIKKEI 225 triple digit loss of 230.9 points to close at 14,209.2

News on the New York Stock Exchange (NYSE) today: advanced stocks 1,269; declined stocks 1,887; unchanged stocks 107; stocks hitting new highs 69; stocks hitting new lows 49. Daily Trading Range and end of day trading results for volatile stocks on the NYSE traded by active Day Traders today: Sherwin-Williams Company (NYSE: SHW) shed 1.16 points on the trading day, high on the trading day $55.00, low on the trading day $51.68, for a closing price at $54.53; Rio Tinto plc (NYSE: RTP) shed 8.75 points on the trading day, high on the trading day $486.10, low on the trading day $470.82, for a closing price at $477.00; Agrium Incorporated (NYSE: AGU) gained 2.00 points on the trading day, high on the trading day $91.37, low on the trading day $86.81, for a closing price at $89.23; United States Steel Corporation (NYSE: X) gained 4.70 points on the trading day, high on the trading day $179.63, low on the trading day $172.91, for a closing price at $176.57; Goodrich Corporation (NYSE: GR) shed 4.24 points on the trading day, high on the trading day $63.33, low on the trading day $59.14, for a closing price at $59.50; NCI Building Systems Incorporated (NYSE: NCS) gained 3.25 points on the trading day, high on the trading day $34.50, low on the trading day $31.50, for a closing price at $33.40; IntercontinentalExchange Incorporated (NYSE: ICE) shed 2.02 points on the trading day, high on the trading day $135.50, low on the trading day $128.72, for a closing price at $132.13; CME Group, Incorporated (NYSE: CME) shed 11.80 points on the trading day, high on the trading day $422.94, low on the trading day $392.38, for a closing price at $400.30; MasterCard Incorporated (NYSE: MA) gained 12.60 points on the trading day, high on the trading day $313.99, low on the trading day $302.35, for a closing price at $307.40; Potash Corporation of Saskatchewan (NYSE: POT) gained 8.31 points on the trading day, high on the trading day $214.00, low on the trading day $205.70 for a closing price at $211.49; Mosaic Company (NYSE: MOS) gained 4.89 points on the trading day, high on the trading day $133.40, low on the trading day $137.02 for a closing price at $130.70; Monsanto Company (NYSE: MON) gained 4.59 points on the trading day, high on the trading day $137.00, low on the trading day $130.03 for a closing price at $133.14; CF Industries Holdings Incorporated (NYSE: CF) gained 4.71 points on the trading day, high on the trading day $148.42, low on the trading day $139.75 for a closing price at $144.21.

News on the NASDAQ today: advanced stocks 1,228 declined stocks 1,644; unchanged stocks 140; stocks hitting new highs 53; stocks hitting new lows 98. Trading range and end of day trading results for volatile NASDAQ stocks traded by active Day Traders today: Lululemon Athletica Incorporated (NasdaqGS: LULU) shed 1.96 points on the trading day, high on the trading day $31.25, low on the trading day $29.06, for a closing price at $30.26; Garmin Limited (NasdaqGS: GRMN) gained 2.30 points on the trading day, high on the trading day $54.91, low on the trading day $50.92, for a closing price at $52.87; Gymboree Corporation (NasdaqGS: GYMB) shed 2.34 points on the trading day, high on the trading day $46.48, low on the trading day $42.40, for a closing price at $43.06; Auxilium Pharmaceuticals Incorporated (NasdaqGS: AUXL) gained 1.14 points on the trading day, high on the trading day $34.34, low on the trading day $30.08, for a closing price at $32.67; First Solar, Incorporated (NasdaqGS: FSLR) gained 1.59 points on the trading day, high on the trading day $262.54, low on the trading day $251.53 for a closing price at $257.55; Baidu.com Incorporated (NasdaqGS: BIDU) gained 5.75 points on the trading day, high on the trading day $344.96, low on the trading day $331.67 for a closing price at $343.50.

News on the American Stock Exchange (AMEX) today: advanced stocks 499; declined stocks 705; unchanged stocks 79; stocks hitting new highs 24; stocks hitting new lows 25.

March Factory Orders revised to an increase by 1.5% from an increase by 1.4%; April Durable Goods revised to a decrease by 0.6% from a decrease by 0.5%; April Factory Orders, Excluding Defense increased by 1.3%; April Factory Orders, Excluding Transportation increased by 2.6%; U.S. Factory Orders increased by 1.1% in April compared to consensus of an increase by 0.1%.

Redbook, U.S. chain store sales data: U.S. Retail Sales were up 1.9% in 4 weeks of May versus April which was inline with expectations.

Under Secretary David H. McCormick Remarks to the World Affairs Council in Pittsburgh