http://metals.123jump.com/Metals-market-update-archive/Stock Market Update, IPO profiles, Earnings Call Transcripts, Economic news, company news, Mutual funds profile,Earnings News, Mutual Fund Managers,Industry sectors, Oil and Natural Gas stocks - 123Jumphttp://metals.123jump.com/Metals-market-update-archive/http://www.123jump.com/images/logo_home.jpg16066Stock Market Update, IPO profiles, Earnings Call Transcripts, Economic news, company news, Mutual funds profile,Earnings News, Mutual Fund Managers,Industry sectors, Oil and Natural Gas stocks - 123Jump1999-2007 123jump.com, Inc. All rights reservedWed, 16 Jul 2008 01:00:00 -0400http://metals.123jump.com/Metals-market-update/Financials Realtors Rise; Oil Copper Drop/28511/Tue, 08 Jul 2008 17:47:00 -0400Financials, home builders and real estate trust stocks rose sharply after the regulator statement on Fannie Mae and Freddie Mac. Energy and mining stocks declined as crude oil, natural gas and precious and base metal prices fell. Airlines, freight transportation and railroads rallied on falling oil. European markets closed lower on the continued worries related to the health of U.S. banks. Copper, corn, gasoline and crude oil futures drope between 3% and 4%.123jump.com Staffhttp://metals.123jump.com/Metals-market-update/U.S. Indexes Drop 14/28413/Mon, 30 Jun 2008 16:44:00 -0400Markets around the world decline in the first half of this year on rising inflation and U.S. housing market led global credit market crisis. There appears to be no end to the weakness in the credit market and lenders in U.S tighten loan standards and issue fewer loans. Dow and S&P 500 indexes fell 14% and Nasdaq declined 13.6% in the first half. Indexes in Shanghai lost 48%, in India dropped 34% and in Japan fell 11%. UK index dropped 14% and indexes in Germany, France and Spain fell.123jump.com Staffhttp://metals.123jump.com/Metals-market-update/Oil Corn Soy Surge; Lehman Plunges 13/28123/Wed, 11 Jun 2008 16:13:00 -0400Crude oil futures shot up $6 at peak before settling with a rise of 4% or $5.40. The sharp rise in oil dragged stocks lower led by losses in financial and tech stocks. Lehman Brothers fell 13% and Goldman Sachs dropped $4.80 or 3%. The chief executive of Royal Bank of Scotland estimated more credit market problems in the next fifteen months.123jump.com Staffhttp://metals.123jump.com/Metals-market-update/U.S. Stocks Drop 3; Gold Up 3 Oil Up $10.75/28058/Fri, 06 Jun 2008 18:30:00 -0400The indexes S&P 500, Dow and Nasdaq dropped 3% on unemployment report, record surge in oil and gold prices and worries of economic slow-down. WaMu Inc led the decliners in the S&P 500 index with a loss of 12.5% followed by losses in MGIC Investment Corp of 11.3%, in Ambac Financial of 10.3% and in Pulte Homes of 10%. AIG led the decliners in the Dow Jones Index with a loss of 6.8% followed by losses in American Express of 5.8%. Of the S&P 500 stocks, 286 lost more than 3%.123jump.com Staffhttp://metals.123jump.com/Metals-market-update/Oil Rises 4 Second Day Surge/28035/Fri, 06 Jun 2008 17:26:00 -0400U.S. stocks traded lower in the morning trading as oil surged more than 4% in London and in New York trading. Chevron oil operations in Nigeria are looking to strike if higher pay demands are not met. Weak dollar also contributed to the rise in oil price. And, a steady rise in demand from the U.S. and accelerating demand from Asia has kept crude oil demand higher in the first five months of the year.123jump.com Staffhttp://metals.123jump.com/Metals-market-update/Lehman Plunges 8 Leads Financial Decliners/27959/Mon, 02 Jun 2008 18:52:00 -0400S&P downgrade on banks and financial brokers turned market sentiment negative. The rating agency estimated that earnings at Morgan Stanley, Lehman Brothers, and Merrill Lynch are likely to be lower as more losses are expected. S&P also revised its outlook to negative on Bank of America and JP Morgan. Separately, Wachovia ousted its chief executive and Washington Mutual apponted new chairman to the board. European stocks closed sharply lower on the worries related to banks.123jump.com Staffhttp://metals.123jump.com/Metals-market-update/U.S. Tech Stocks European Inflation Rise/27949/Fri, 30 May 2008 17:33:00 -0400U.S. tech stocks rallied after better than expected earnings from Dell Inc and Marvell Technology. In economic report, U.S. perosnal spending and income rose at a slower pace and expectations of core inflation rate, a controversial measure of inflation, rate remained subdued. In commodities trading crude oil fell but natural gas traded near record level. India reported its fourth quarter economic growth rate at 8.8% and fiscal year 2008 rate of 9%. Inflation expectations rise in euro zone.123jump.com Staffhttp://metals.123jump.com/Metals-market-update/U.S. Stocks Rise Japan Up 3 Dell Surges/27931/Thu, 29 May 2008 17:31:00 -0400U.S. stocks edged higher after the revised estimate of the first quarter GDP showed a rise of 0.9% growth compared to previously estimate of 0.6%. Larger than expected decline in trade deficit lifted the economic growth. Separately Bear Stearns shareholders approved the sale of the company to JP Morgan. Crude oil and gold prices fell sharply. After the close, Dell Inc reported first quarter revenue rise of 9.2% and net income gain of 3.7%.123jump.com Staffhttp://metals.123jump.com/Metals-market-update/U.S. Stocks Rise Ralph Lauren Up 12/27913/Wed, 28 May 2008 17:01:00 -0400U.S. stocks edged higher at close after trading volatile in the morning session. Crude oil rebouded after Morgan Stanley followed several brokers in raising its price estimates. Polo Ralph Lauren led the gainers in S&P 500 index with a surge of 12% after it reported better than expected earnings. Durable goods orders in April fell from a year ago but rose when transportation orders were excluded. Brazil led the world market indexes with a rise of 3% on the hopes of higher earnings at banks.123jump.com Staffhttp://metals.123jump.com/Metals-market-update/U.S. Stocks Rise Wheat Falls 4/27825/Thu, 22 May 2008 16:37:00 -0400U.S. stocks edged higher on the weekly unemployment report. The fall in claims at the end of the last week, lower than expected lifted market averages. Ford Motor cut its production target for the next two quarters by 20% and said that it may only break-even in the year 2009. Earlier it had estimated a return to profitability by the year. UBS offered rights at 31% discount from its closing price on yesterday. Crude oil fell back to $130 a barrel after rising above $135.123jump.com Staff