Chrysler in bankruptcy

[MTnews]

Daily Market Commentary for April 30, 2009

Chrysler corporation filed for bankruptcy protection today. (read more at )

Economic data released today:

Personal Income and Outlays:
U.S. Personal Income fell 0.3% in March compared to consensus of a drop by 0.2%; U.S. Personal Spending fell 0.2% in March compared to consensus of a drop by 0.1%; March PCE Core Price Index rose at rate of 0.2% on the month; arch PCE Core Price Index rose at rate of 1.8% on the year; March PCE Price Index unchanged rate on the month; March PCE Price Index rose 0.6% on the year; February Personal Income unrevised at drop by 0.2%; February Spending Revised to increase by 0.4% from increase by 0.2%.

Employment Cost Index:
U.S. 1Q Employment Cost Index rose 0.3% compared to consensus of an increase by 0.5%; U.S. 1Q Employment Cost Index rose 2.1% from a year ago; U.S. 1Q Employment Cost Index gain smallest on record.

Jobless Claims:
U.S. Jobless Claims for week of April 25 fell 14K to 631K compared to survey of an increase by 5K; U.S. Continuing Claims for week of April 18 increased by 133K to 6,271,000; U.S. Jobless Claims revised for week of April 18 to 645K from 640K; U.S. Continuing Claims hit 13th-straight record high.
Chicago Purchasing Management Index (PMI):
U.S. PMI April Prices Paid Index came in at 28.4 versus March reading of 34,1: U.S. PMI April Supplier Deliveries came in at 45.4 versus March reading of 48.4; U.S. PMI April Employment Index came in at 31.8 versus March reading of 28.1; U.S. PMI April New Orders Index came in at 42.1 versus March reading of 30.9; U.S. PMI April Index came in at 40.1 versus March reading of 31.4.

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) loss 17.61 points, EOD 8,168.12
NYSE (New York Stock Exchange) loss 2.78 points, EOD 5,513.36
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 5.36 points, EOD 1,717.30
S&P 500 (SPX) loss 0.83 points, EOD 872.81
BEL 20 (BEL20) gain 2.37 points, EOD 1,953.35
CAC 40 (CAC40) gain 42.91 points, EOD 3,159.85
FTSE100 (UKX100) gain 54.12 points, EOD 4,243.71
NIKKEI 225 (NIK/O) triple digit gain 334.49 points, EOD 8,828.26

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,427, declined stock prices 1,246, unchanged stock prices 490, stock prices hitting new highs 11 and stock prices hitting new lows 4. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: CME: shed 4.32 points, HOD $237.39, LOD $220.93, EOD $221.35; SKF: gain 0.89 points, HOD $57.14, LOD $53.32, EOD $57.01; RTP: gain 4.97 points, HOD $165.90, LOD $160, EOD $162.95; FLS: gain 3.02 points, HOD $72.16, LOD $66.59, EOD $67.90.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,403, declined stock prices 1,408, unchanged stock prices 127, stock prices hitting new highs 30 and stock prices hitting new lows 12. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: FSLR: gain 33.04 points, HOD $190.63, LOD $174.90, EOD $187.96; BIDU: gain 5.12 points, HOD $236.40, LOD $229.76, EOD $232.41; SQNM: shed 11.29 points, HOD $3.94, LOD $3.23, EOD $3.62; DNDN: shed 1.44 points, HOD $22.93, LOD $20.50, EOD $21.50; GMCR: gain 19.67 points, HOD $79.13, LOD $63.04, EOD $71.69; STRA: gain 13.48 points, HOD $198.63, LOD $186.02, EOD $192.44.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 316, declined stock prices 218, unchanged stock prices 89, stock prices hitting new highs 6 and stock prices hitting new lows 3.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) June 09: EOD 865.75; Change -3.25
E-mini NASDAQ-100 (NQ) June 09: EOD 1,388.25; Change 10.75
E-mini DOW $5 (YM) June 09: EOD 8,089; Change -33
E-mini S&P MidCap 400 (MF) June 09: EOD 554.50; Change -5.10
Nikkei 225 (Yen) June 09; EOD 8,870; Change 90

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7561 to U.S. Dollars 1.3225
Japanese Yen 98.61 to U.S. Dollars 0.0101
British Pound 0.6765 to U.S. Dollars 1.4782
Canadian Dollar 1.1927 to U.S. Dollars 0.8384
Swiss Franc 1.1409 to U.S. Dollars 0.8765

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (June 09) gain $0.15, EOD $51.01 per barrel ($US per barrel)
Heating Oil (June 09) shed $0.01, EOD $1.34 a gallon ($US per gallon)
Natural Gas (June 09) shed $0.03, EOD $3.38 per million BTU ($US per mmbtu.)
Unleaded Gas (May 09) gain $0.05, EOD $1.45 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (June 09) shed $9.30, EOD $891.20 ($US per Troy ounce)
Silver (July 09) shed $0.35, EOD $12.33 ($US per Troy ounce)
Platinum (July 09) shed $0.20, EOD $1,106.60 ($US per Troy ounce)
Copper (July 09) gain $0.04, EOD $2.05 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 09) shed 2.23, EOD 64.53
Pork Bellies (July 09) shed 0.75, EOD 75.05
Live Cattle (June 09) shed 0.45, EOD 82.50
Feeder Cattle (August 09) shed 0.50, EOD 99.63

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (July 09) gain 2.25, EOD 403.50
Soybeans (July 09) gain 30.00, EOD 1,055

BOND MARKET:
2 year EOD 99 30/32, change 3/32, Yield 0.90 Yield change -0.05
5 year EOD 99 12/32, change 2/32, Yield 2.00, Yield change -0.01
10 year EOD 96 29/32, change -6/32, Yield 3.11, Yield change 0.02
30 year EOD 90 23/32, change -3/32, Yield 4.03, Yield change 0.00

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