Market Wrap

Summarizing the key developments of the day.

** MORNING WRAP **

** US MARKETS **
Dow 0,79%; Nasdaq 0,62%; S&P 0,66%; Soxx -0,35%; Russel2k 0,3%; DJAIG 0,85%;
10yr Bond 0,04%; 10yr Yield 4,81%; Crude future 57,96; Gold 653,9

| Materials 1,1%| ConsDisc 1,08%| Industrials 1,08%| Telecom 0,84%| Financials
0,66%| Technology 0,58%| Healthcare 0,46%| ConsStaples 0,43%| Utilities 0,37%|
Energy 0,21%

– Housing Threatened by Surging Defaults in Sub-Prime U.S. [...]

** MORNING WRAP **

** US MARKETS **
Dow 0,26%; Nasdaq 0,31%; S&P 0,58%; Soxx 0,07%; Russel2k 0,61%; DJAIG 2,55%;
10yr Bond 0,03%; 10yr Yield 4,87%; Crude future 56,58; Gold 645,5

| Energy 2,1%| Telecom 1,31%| Healthcare 0,58%| Financials 0,52%| Technology
0,48%| Utilities 0,38%| Materials 0,32%| ConsDisc 0,27%| Industrials 0,16%|
ConsStaples 0,03%

– Ford May Scrap $1 Billion of Thailand Investment Because [...]

** MORNING WRAP **

** US MARKETS **
Dow -0,12%; Nasdaq 0,05%; S&P -0,12%; Soxx 1,46%; Russel2k 0,5%; DJAIG 0,72%;
10yr Bond 0,01%; 10yr Yield 4,87%; Crude future 55,87; Gold 646,13

| Utilities 0,23%| Energy 0,17%| Financials 0,13%| Technology 0,11%| Materials
0,01%| ConsStaples -0,14%| Telecom -0,3%| ConsDisc -0,43%| Industrials -0,45%|
Healthcare -0,6%

– Energy Shares Lure BlackRock, Hodges After Becoming Cheapest Since [...]

** MORNING WRAP **

** US MARKETS **
Dow -0,07%; Nasdaq -1,46%; S&P -0,3%; Soxx -3,86%; Russel2k -1,34%; DJAIG
-0,78%; 10yr Bond 0,01%; 10yr Yield 4,75%; Crude future 50,4; Gold 628,9

| Telecom 1,51%| ConsDisc 0,59%| Healthcare 0,28%| ConsStaples -0,03%|
Industrials -0,14%| Utilities -0,15%| Financials -0,3%| Materials -0,48%| Energy

-0,74%| Technology -1,78% – Morgan Stanley Real Estate to Buy CNL Hotels & Resorts [...]

** MORNING WRAP **

** US MARKETS **
Dow 0,21%; Nasdaq -0,2%; S&P 0,08%; Soxx -1,24%; Russel2k -0,35%; DJAIG -0,8%;
10yr Bond 0,01%; 10yr Yield 4,74%; Crude future 51,57; Gold 624,6

| Industrials 0,61%| Utilities 0,36%| ConsDisc 0,34%| Healthcare 0,33%|
Materials 0,29%| ConsStaples 0,28%| Financials 0,26%| Telecom -0,21%| Technology

-0,34%| Energy -1,11% – General Motors Corp.: The world’s largest automaker is ``legitimately’’
interested [...]

** MORNING WRAP **

** US MARKETS **
Dow 0,33%; Nasdaq 0,72%; S&P 0,49%; Soxx 0,03%; Russel2k 0,74%; DJAIG 1,76%;
10yr Bond -0,19%; 10yr Yield 4,78%; Crude future 53,27; Gold 625,63

| Energy 2,58%| Materials 1,12%| Technology 0,5%| Healthcare 0,4%| Telecom
0,37%| ConsDisc 0,29%| Industrials 0,28%| Financials 0,22%| ConsStaples -0,08%|
Utilities -0,74%

– Money Managers Buy Large Caps, Sell Short to Seek Stocks Shelter [...]

** MORNING WRAP **

** US MARKETS **
Dow -0,06%; Nasdaq 0,23%; S&P -0,05%; Soxx 0,73%; Russel2k 0,17%; DJAIG -0,76%;
10yr Bond 0,01%; 10yr Yield 4,66%; Crude future 55,58; Gold 612,35

| ConsDisc 0,52%| Technology 0,48%| ConsStaples 0,13%| Utilities 0,12%|
Industrials 0,06%| Materials -0,03%| Healthcare -0,15%| Financials -0,16%|
Energy -1,08%| Telecom -1,28%

– Goldman, CanWest Global May Buy Alliance Atlantis, [...]

** MORNING WRAP **

** US MARKETS **
Dow 0,21%; Nasdaq 0,16%; S&P 0,22%; Soxx 0,61%; Russel2k 0,14%; DJAIG -0,56%;
10yr Bond -0,03%; 10yr Yield 4,66%; Crude future 55,59; Gold 612,55

| Industrials 0,45%| Financials 0,39%| ConsStaples 0,28%| Technology 0,24%|
ConsDisc 0,2%| Healthcare 0,17%| Materials 0,1%| Energy -0,03%| Utilities
-0,23%| Telecom -0,28%

– Hedge Fund Borrowing, Margins Examined By SEC, Fed, European Authorities – [...]

** US MARKETS **
Dow -0,66%; Nasdaq -0,78%; S&P -0,61%; Soxx -1,12%; Russel2k -1,78%; DJAIG
-0,79%; 10yr Bond -0,03%; 10yr Yield 4,64%; Crude future 56,58; Gold 609,35

| Telecom -1,48%| ConsStaples -0,64%| Healthcare -0,51%| Utilities -1,79%|
Financials -0,83%| ConsDisc -0,78%| Industrials -0,59%| Energy 0,76%| Technology

-0,63%| Materials -0,57% – GE Plans to Buy Vetco Gray for $1.9 Billion From [...]

** MORNING WRAP **

** US MARKETS **
Dow 1,29%; Nasdaq -2,21%; S&P -1,36%; Soxx -2,35%; Russel2k -2,55%; DJAIG
2,12%; 10yr Bond 0,04%; 10yr Yield 4,53%; Crude future 60,21; Gold 638,7

| Energy -0,31%| Healthcare -0,64%| Telecom -0,76%| Utilities -0,89%|
ConsStaples -1,18%| Industrials -1,3%| ConsDisc -1,42%| Materials -1,51%|
Financials -1,62%| Technology -2,46%

– Palm Inc. dropped 62 cents, or 4 percent, to $14.75. The maker [...]