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Friday’s Pre-market does not show any light to the Investors
By admin on Markets | Friday July 09, 2010 08:22 am
Friday’s pre-market does not show much hope since stocks across Dow, S&P and NASDAQ have taken a downward spiral. Dow, NASDAQ and S&P had an impressive show during Thursday’s trading session, which had closed with hikes of 1.20%, 0.74%, and 0.94% respectively. Although, today, Dow has dipped by 17.00 points or 0.17%, S&P has slipped by 1.90 points or 0.18% and NASDAQ have gone down by 0.50 points or 0.03%.


Since, Wednesday, JC Penney Co Inc, has seen to have an upward trend with a hike of 10.42% in Friday’s pre-market session. Similarly Abercrombie & Fitch Co. had also picked up its pace since Wednesday and today it in the pre-market it has gone up by 8.66%. Meredith Corp has gone up by 6.50%. After Nordstrom Inc’s dip yesterday, today, in the pre-market session it has recorded a hike of 5.89%. Quanta Services has been in a steady position since this Tuesday and it has marked a gain in its value by 5.05%.



After closing with a gain of 1.31% on Thursday, Harman International Industries Inc today has slipped by 6.74% in the pre-market session. H&R Block Inc has slumped in the pre-market session. Since, yesterday it is facing a massive dip and today it has fell by 6.26%. After a continuous rise, in Friday’s pre-market NiSource Inc and Sempra Energy has fallen by 2.61% and 5.88%.  Gap Inc has also suffered a decline by 3.66%.


In today’s World Market Nikkei 225 Japan, Hang Seng Hong Kong, and DAX Germany have all registered a gain in their values. They have gone up by 0.52%, 1.64%, 0.13% and 0.29% respectively. FTSE 100 England has dipped by 0.02%. The Canada Dollar and the European Euro have recorded a slip of 0.0478% and 0.1646% respectively whereas the United Kingdom Pound and the Japan Yen have indexed a rise in their values of 0.0760% and 0.1245% respectively.


Commodities such as the Natural Gas and Corn have slipped. It has registered a dip of 0.30% and 0.26% respectively. However, Light Crude and Gold have gained in their values by 0.28% and 0.23% respectively.


Bond rates have gone up for 10 Year Treasury and 30 Year Treasury. They have recorded gain of 1.34% and 1.19% respectively. However, 3 Month Treasury has slipped in its value and has recorded a dip of 6.45%.

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