February 18, 2009 at 09:55 AM EST
Daily Report for Wednesday, Feb 18, 2009
(9:20am ET) Markets bombed on Tuesday. Disillusioned with Congress and uninspired by the Obama administration, Main Street is quickly losing faith in Wall Street, slowly realizing that the deleveraging of the economy may forever change the fortunes of the average American. Greedy politicians and overpaid bankers are becoming public enemy number one. Right from the opening bell, stock prices plunged. With most of the damage done in the first 30 minutes, the session closed with the major indexes down sharply: DJIA -297.81 -3.79% to 7552.60; S&P 500 -37.67 -4.56% to 789.17; and NASDAQ Composite -63.70 -4.15% to 1470.66. The Toronto composite fell -299.40 -3.45% to 8378.70, while the Venture Board dropped just -6.48 -0.70% to 919.16. Earlier today (compared to their closes on Friday), the Asia-Pacific equity markets were all down: Australia (-1.33% to 3366.9 vs 3496.7 Friday); Japan (-1.45% to 7534.4 vs 7779.4 Friday); China (-4.72% [More...]
Related Stocks:
3M COMPANY ABB LTD. ACTIVISION BLIZZARD ADVANCED MICRO DEVICES AETNA, Inc. AGNICO EAGLE MINES LTD. AMERICAN ELECTRIC POWER AMERICAN EXPRESS COMPANY ANNALY CAPITAL MANAGEMENT., Inc. APACHE CORPORATION AVALONBAY COMMUNITIES Adobe Systems Inc Altera Corp Amgen Inc Apple Inc. Applied Materials Inc Atmel Corp BANCO BRADESCO BANGO PLC BANK OF AMERICA CORP. BARRICK GOLD CORP. BHP BILLITON LIMITED BRISTOL-MYERS SQUIBB CO. Bed Bath & Beyond Broadcom Corporation CAMECO CORPORATION CARIBOO ROSE RES CARNIVAL CORPORATION CHEVRON CORPORATION CHINA FOOD CO CHINA MOBILE LIMITED CHINA TELECOM CORPORATION, LTD COMPANIA DE MINAS BUENAV. CONSUMER DISC SEL SPDR FD Camden National Corporation Cisco Systems Cognizant Technology Solutions DIAGEO PLC DUKE REALTY CORP. ENCANA CORPORATION EQUITY RESIDENTIAL EXELON CORPORATION Electronic Arts Exxon Mobil FEDEX CORPORATION FIRST SOLAR FLUOR CORPORATION GERDAU S.A. GLAXOSMITHKLINE PLC GOLD FIELDS LTD ADR GOLDEN STAR RESOURCES LTD. Genentech, Inc. Google, Inc. HARMONY GOLD MINING COMPANY LIMITED HDFC BANK LIMITED HONEYWELL INTERNATIONAL HSBC HOLDINGS PLC Hewlett-Packard Company IAMGOLD CORPORATION ICICI BANK LIMITED IMPERIAL OIL LIMITED INTERACTIVE BRKRS-A INTERNATIONAL BUSINESS MACHINES ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF ISHARES SILVER TRUST Intel JPMORGAN CHASE & CO. Johnson & Johnson KINROSS GOLD CORPORATION KLA-Tencor Corp. Linear Technology Corp. MANULIFE FINANCIAL CORP. MARKET VECTORS RUSSIA ETF MCDONALDS CORPORATION MEDTRONIC, Inc. MINES MANAGEMENT, Inc. MOBILE TELESYSTEMS OJSC NATIONAL GRID PLC NEWMONT MINING CORP. NIKE, Inc. NOKIA CORPORATION NOVARTIS AG NOVO-NORDISK A/S NUCOR CORPORATION PAN American Silver Corp PENNEY COMPANY, Inc. PFIZER, Inc. PG&E CORP POSCO PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED Paychex Inc. PetroChina Petrobras - Petroleo Brasileiro S.A. QUALCOMM Inc. RIO TINTO PLC Royal Gold, Inc. S&P DEP RECEIPTS SAP AKTIENGESELLSCHAFT SCHLUMBERGER LIMITED SILVER WHEATON CORP SPDR GOLD TRUST, SPDR GOLD SHARES STMICROELECTRONICS N.V. SanDisk Corporation Silver Standard Resources Staples Inc. Starbucks Corp. Syngenta AG ADS TAIWAN SEMICONDUCTOR MANUFACTURING TATA MOTORS LIMITED TECK RESOURCES LIMITED TELEFONICA, S.A. TERADYNE, Inc. THE WALT DISNEY COMPANY TOTAL S.A. TRANSCANADA CORPORATION TRANSOCEAN LTD. UBS AG UNITED MICROELECTRONIC CORP. UNITED TECHNOLOGIES CORPORATION UNITEDHEALTH GROUP INCORPORATED WAL-MART STORES, Inc. WELLPOINT, Inc. WESTPAC BANKING CORPORATION WHIRLPOOL CORP. Walgreen Company Whole Foods Market Xilinx Inc YAMANA GOLD, Inc. eBay Inc.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here