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| Subject: Subject: Gas If I could turn back time Buy 164 sell 139.5==Midnight Denver | |
Author: In corporate news, J.C. Penney Co. shares slumped 15% | [ Next Thread |
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] Date Posted: 17:18:06 09/26/13 Thu From: 441DianaiFri13/9Thursday26/9=PreOPen151=AlgorithmBuyFabulous=End working Week 6.30pmSmoothfmStephenSunshineCoastFrankCerebalPalsyKyraMLB=Actually To: Tue26/3Thur26/9=Palmer Sent: Thursday, September 26, 2013 16:15 Subject: Gas If I could turn back time Buy 164 sell 139.5==Midnight Denver QANTAS AIRWAYS LIMITED Stock code QAN Type ORDINARY FULLY PAID Status Adjust, Notice Received Buy Sell 1.515 -0.020 -1.30 % 1.510 1.515 1.525 1.530 1.495 1.535 7,177,515 10,834,787 1,909 1.510 Last Change % Change Bid Offer Open High Low Close Volume Value Trades VWAP Thursday, 26 Sep 2013 04:10pm ASX Open S&P/ASX 200 5,293.30 +17.40 1st eggs breeding season Penguins MLB zoo FBI have realeased Footage Washington--Mental health issues Alexis Westgate Shopping Mall Kenya 1st victims laid to rest Nairobi==religous councilling cant do much Islam is not terrorism and neither is terrorism Islam Solidarity religous leaders How can you mend a broken heart Bee Gees U.S. Stocks Close Lower for 5th Session 26/09/2013 6:36AM --Stocks close lower, marking fifth straight losing session --DJIA falls 61.33; Nasdaq Composite off 7.16 --S&P 500 drops 4.65, its longest losing streak this year By Alexandra Scaggs NEW YORK--Stocks declined for a fifth straight session, with the S&P 500 notching its longest losing streak this year, as investors paused their buying after strong quarterly gains. The Dow Jones Industrial Average slipped 61.33 points, or 0.4%, to 15273.26, marking its longest string of losses since the six-session stretch ended Aug. 21. The S&P 500 index shed 4.65 points, or 0.3%, to 1692.77, its fifth consecutive loss, and the Nasdaq Composite Index lost 7.16 points, or 0.2%, to 3761.10. The S&P 500 has slid 1.9% since it closed at a record high of 1725.52 last Wednesday following the Federal Reserve's surprise decision to keep its $85-billion-a-month bond-purchasing program intact. "We've had a huge move in the market for the quarter," said Andrew Slimmon, managing director with Morgan Stanley Global Investment Solutions, which manages $2.4 billion. "I don't think a lot of fresh cash is coming in. We're just in a holding pattern." The index has gained 5.4% in the third quarter and 19% so far this year. As the end of the month approaches, money managers are taking a microscope to their portfolios to prepare for earnings season and booking some profits. "It's healthy we're getting this pullback," said Hank Smith, chief investment officer of Haverford Trust, which manages around $7 billion. "A week or two ago, it felt like if you were putting money to work, you were chasing the market." The Dow industrials extended losses in slow afternoon trading after Bloomberg reported that unsold merchandise was piling up at component Wal-Mart Stores Inc., leading the big-box retailer to cut its orders from suppliers. A spokesperson for the retailer later called the report "misleading." After a sharp initial drop, the stock recovered some of its losses, though it remained the biggest decliner in the Dow, falling 1.5%. It also weighed on consumer staples sector, which was among the biggest decliners in the S&P 500, off 0.7%. Tense budget negotiations in Washington also are weighing on stock benchmarks. Senate Democrats said they would support a six-week federal-funding extension, which is a month shorter than the bill passed by the Republican-controlled House. That created another hurdle for Congress to clear to avoid a government shutdown, as funding runs out on Sept. 30. Debates over the debt ceiling are a greater point of concern for investors. The U.S. Treasury Department said Wednesday it had until Oct. 17 before it would exhaust emergency measures to avoid falling behind on obligations. But Mr. Smith said he expects lawmakers to come through with a deal to avoid default, as in previous debt-ceiling debates. "We're not going to default, it's just inflammatory rhetoric," he said. "We've seen this before." A pair of better-than-expected economic reports helped stem losses. Durable-goods orders for August edged up 0.1% from July, despite expectations of a 0.6% drop. Sales of new homes rebounded by more than forecast in August, rising 7.9%, while economists expected a 6.6% increase. The yield on the 10-year Treasury note edged down to 2.615% from 2.650%, where it settled Tuesday. European markets were broadly lower. The Stoxx Europe 600 closed down 0.1%, as extended weakness in U.S. markets and a surprise drop in French business sentiment offset upbeat news on consumer sentiment in Germany. The French business-sentiment index for September fell to 97 from 98 in August, versus expectations of a rise to 99. Meanwhile, GfK's German consumer-sentiment indicator for October rose slightly more than expected. Asian markets were mostly lower. Japan's Nikkei Stock Average lost 0.8% in response to a stronger yen. China's Shanghai Composite declined 0.4%. Crude-oil futures shed 0.5% to settle at $102.66 a barrel, its fifth straight session of declines. Gold futures gained 1.5% to $1,335.90 a troy ounce. The dollar lost ground against the euro and the yen. In corporate news, J.C. Penney Co. shares slumped 15%, extending a string of losses that has sent the company's stock to its lowest price since late 2000. Goldman Sachs Group Inc. fixed-income analysts said in a note late Tuesday that weakness in the retailer's business could challenge its liquidity levels. Write to Alexandra Scaggs at alexandra.scaggs@wsj.com (END) Dow Jones Newswires September 25, 2013 16:36 ET (20:36 GMT) Copyright (c) 2013 Dow Jones & Company, Inc. [ Next Thread | Previous Thread | Next Message | Previous Message ] |
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