=-= Thursday August 19, 1999,,,,vol 842M,,,,$+Trade Deficit=Something New To Watch. Oh Boy! =-=
The DOW held support at 10,900. Profit-taking in the NAZ above 2600.
Indices [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- VIX 25.460 1.420d 24.040 26.340 27.000 25.080 375 343 1 3:59 60.630 16.730 QQQ 114.125 -1.375d 115.500 114.438 115.250 113.391 50789 2034 198 4:15 123.438 97.000 SOX 492.440 -2.620d 495.060 495.060 497.450 486.830 1778 1605 1 4:30 533.460 182.590 SPZ 1323.600 -9.200d 1332.800 1332.800 1332.800 1315.400 1800 1645 1 5:00 1420.100 923.300 BKX 836.200 -14.400d 850.600 845.000 845.100 834.500 1669 1483 1 4:30 944.300 545.700 DJII 10964.000 -27.000d 10991.000 10991.000 10996.000 10873.000 N/A 9906 N/A 4:30 N/A N/A COMP 2621.400 -36.300d 2657.700 2637.700 2638.700 2612.200 474 430 1 5:16 2874.900 1357.100 NDX 2278.800 -38.600d 2317.400 2317.400 2317.400 2271.000 1864 1695 1 5:15 2468.400 1063.300
DOW [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- AXP 138.500 1.250u 137.250 135.000 139.375 135.000 17884 1331 2 4:16 144.000 67.000 MRK 65.500 0.688u 64.813 64.500 66.313 64.313 40718 2943 656 4:01 87.375 57.500 HWP 102.250 -0.125u 102.375 100.500 102.813 100.000 36806 2422 16 4:04 118.438 47.063 WMT 46.063 -0.313u 46.375 46.000 46.063 44.875 44513 3055 10 4:04 53.406 26.219 GE 111.000 -0.688u 111.688 110.750 111.125 109.688 40129 3017 21 5:01 120.000 69.000 JPM 132.188 -0.750u 132.938 131.938 132.813 131.188 8003 914 139 4:00 147.813 72.125
Tech_Titans [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- EMC 59.250 0.250u 59.000 58.750 59.625 58.000 32988 2429 498 4:14 67.469 20.844 LU 63.813 -0.375d 64.188 64.125 64.125 62.813 7.4M 5240 127 4:25 79.750 26.719 DELL 43.875 -0.688d 44.563 44.063 44.625 43.750 31M 21420 16 4:01 55.000 20.375 IBM 122.938 -0.938d 123.875 123.875 124.875 121.250 7.6M 3682 5 4:58 139.188 55.375 CSCO 62.250 -1.063d 63.313 62.625 63.000 61.750 14M 13574 5 4:01 69.250 20.563 MSFT 83.813 -1.188d 85.000 84.563 85.125 83.125 36M 20894 1 4:01 100.750 43.875 INTC 77.250 -1.250d 78.500 77.500 78.313 76.813 16M 14719 1 4:11 79.813 34.875 WCOM 75.750 -1.875d 77.625 77.125 77.563 75.063 11.5M 10197 1 4:01 96.766 39.000
E*Titans [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- CNET 38.250 -1.688d 39.938 39.125 40.875 38.000 12130 2612 8 4:00 79.750 7.250 ATHM 37.250 -2.813d 40.063 39.375 39.375 37.000 55950 8439 50 4:00 99.000 11.750 AOL 96.000 -3.188d 99.188 98.000 98.063 95.500 13M 9796 27 5:16 175.500 17.250 PCLN 66.500 -4.250d 70.750 69.375 70.500 66.375 19968 3193 2 4:00 165.000 58.000 RNWK 78.563 -5.250d 83.813 81.750 82.500 77.828 11453 2428 9 4:00 131.875 7.625 DCLK 82.938 -5.563d 88.500 86.000 87.000 82.563 14487 3595 5 3:59 176.000 6.750 YHOO 139.188 -5.875d 145.063 141.500 143.500 138.000 8M 16528 4 4:01 244.000 29.500 CMGI 78.750 -6.563d 85.313 83.000 84.625 78.250 42876 11154 1 4:01 165.000 8.609 AMZN 106.125 -7.000d 113.125 110.750 111.188 105.125 9M 19036 5 4:01 221.250 21.656 INKT 109.188 -9.813d 119.000 115.188 117.063 107.500 25767 5650 5 4:00 159.125 19.500 EBAY 113.750 -12.188d 125.938 121.750 124.250 112.781 10M 25317 5 4:01 234.000 8.406
Networkers [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- SUNW 73.375 0.063u 73.313 72.750 74.375 72.500 61083 6935 4 4:01 76.438 19.188 COMS 23.375 -0.750d 24.125 24.063 24.125 23.250 30083 3282 25 4:01 51.125 20.000
WirelessMfr_Carrier [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- PCS 59.938 1.000u 58.938 58.688 60.000 57.875 5764 586 43 4:02 66.875 12.750 NXTL 57.188 0.125u 57.063 56.750 57.563 54.750 37858 3592 15 4:00 59.813 15.375 QCOM 164.750 -1.750u 166.500 162.500 168.750 162.000 26632 6680 9 4:00 174.438 18.875 MOT 86.625 -2.063d 88.688 88.125 88.188 86.375 19205 1494 18 4:10 100.188 38.375 NOK 83.500 -2.625u 86.125 83.188 84.500 82.875 25735 1330 1 4:04 99.375 29.531
Tcom&Cable_Gear [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- RBAK 215.000 2.750u 212.250 209.750 219.375 207.000 6006 2605 5 4:00 228.000 65.000 JDSU 97.125 2.125u 95.000 94.000 99.125 93.313 18373 2896 4 4:01 98.750 77.250 JNPR 207.000 0.188u 206.813 203.000 210.000 201.000 4623 1991 2 4:00 223.875 90.125 EFNT 37.500 -0.375u 37.875 36.500 39.250 35.000 1216 350 11 3:59 68.000 29.250 ANTC 42.875 -0.625u 43.500 42.813 44.250 40.438 6663 503 5 3:58 46.500 11.500 AWRE 37.688 -0.938d 38.625 38.063 40.375 37.000 7123 820 1 3:59 87.125 4.250 NT 86.000 -1.063d 87.063 86.250 86.500 84.250 12262 1015 1 4:21 94.125 26.813 WCII 47.969 -1.156d 49.125 48.625 48.688 47.000 9984 894 10 4:00 64.438 10.250 ETEK 46.125 -1.188d 47.313 46.750 46.813 46.000 1999 178 3 3:55 51.188 19.438 CMVT 74.688 -1.375d 76.063 76.000 76.000 74.375 5881 618 1 4:00 82.375 19.578 OCLI 61.750 -1.375d 63.125 62.750 63.125 61.250 569 93 11 3:58 88.375 14.375 HLIT 84.750 -1.875u 86.625 81.125 87.500 80.500 3100 577 5 3:59 97.094 7.625 TERN 33.688 -1.875d 35.563 35.625 35.625 33.500 4416 650 2 3:59 60.500 7.000 PDYN 40.250 -2.125d 42.375 42.000 42.125 39.813 1489 232 1 3:59 58.000 31.750 TLAB 62.313 -2.688d 65.000 63.938 64.188 60.125 40512 5361 1 4:01 74.000 15.688 ADCT 40.438 -3.438d 43.875 40.938 41.500 39.688 65365 4629 7 4:00 53.625 15.750 CMTN 118.250 -3.813u 122.063 117.438 127.500 117.438 15078 5923 3 3:59 130.125 50.500
Tcom&Cable_SrvcPrvdr [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- NXLK 96.438 1.750u 94.688 92.500 99.500 89.000 3592 964 1 3:59 115.375 10.563 MCLD 25.000 0.188u 24.813 24.938 25.063 24.625 5106 416 106 4:00 33.688 7.625 GTSG 30.563 0.000u 30.563 30.375 31.000 29.875 8211 527 4 4:00 45.844 10.563 RCNC 39.219 -0.406d 39.625 39.500 39.625 38.125 4401 384 21 4:00 54.500 8.750 GBLX 30.500 -0.563d 31.063 31.125 31.250 30.063 25653 947 1 3:59 64.250 8.000 QWST 29.938 -0.625d 30.563 30.438 30.438 29.375 6.6M 6947 1 4:00 52.375 11.000 LVLT 60.875 -1.625d 62.500 62.250 62.500 58.625 14051 2031 3 4:01 100.125 22.375 MFNX 27.500 -1.625d 29.125 28.875 28.875 27.000 11680 1545 58 4:00 47.563 4.219 COVD 40.875 -2.125d 43.000 42.500 42.875 40.375 4155 708 1 4:00 81.000 20.656 ADLAC 58.750 -2.125d 60.875 61.000 61.000 58.750 8440 286 1 3:59 87.000 29.125
ISPs [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- CNCX 22.469 -1.406d 23.875 22.813 23.125 22.125 6825 943 30 4:00 57.625 7.125 PSIX 46.219 -2.031d 48.250 47.438 47.500 46.125 11842 1099 10 3:58 73.750 8.375 MSPG 29.938 -2.625d 32.563 30.625 31.875 29.875 16148 3186 1 4:00 66.500 11.563 ELNK 44.563 -3.719d 48.281 47.688 47.750 44.313 4013 911 1 4:00 99.375 19.500
WebHosting [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- VRIO 68.375 0.875u 67.500 67.125 70.500 65.625 3186 578 20 3:59 85.000 13.000 ABOV 31.313 -2.188d 33.500 32.313 32.500 31.000 3128 539 1 3:59 75.500 5.750 EXDS 72.813 -2.313u 75.125 71.250 74.500 70.750 28685 5566 10 4:00 79.625 3.875
E*Portals [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- INSP 43.563 -3.063d 46.625 46.250 46.250 43.188 5311 877 1 4:01 72.625 9.750 LCOS 41.688 -3.063d 44.750 42.313 44.438 41.250 32348 6551 2 4:00 72.688 10.031 GNET 63.281 -6.719d 70.000 68.000 68.063 63.000 7331 1987 3 4:00 99.500 3.203
E*Banking [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- NTBK 20.313 -1.563d 21.875 21.625 21.875 20.250 5094 844 34 4:00 83.000 3.578 SONE 34.875 -2.250d 37.125 35.125 36.563 34.750 4100 514 2 4:00 79.250 4.625 TBFC 24.938 -2.500d 27.438 26.125 26.625 24.813 1758 276 4 4:00 75.875 3.938
E*Brokers [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- SCH 42.000 -1.563- 43.563 42.000 43.250 41.500 25315 1452 96 4:23 77.500 9.250 NDB 32.250 -1.625d 33.875 33.313 34.000 32.000 6681 926 14 4:00 93.000 8.125 AMTD 21.625 -2.188d 23.813 22.500 22.938 21.500 47912 6484 50 4:00 62.781 1.875 EGRP 25.438 -2.625d 28.063 26.875 27.063 25.313 7M 11521 11 4:00 72.250 2.500 NITE 30.563 -3.000d 33.563 32.625 32.875 30.375 44413 6045 10 4:00 81.625 2.250
E*Software [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- VRSN 88.250 -2.250u 90.500 87.625 89.250 83.500 8518 1865 25 4:00 96.750 9.688 INTU 78.750 -3.313d 82.063 81.250 81.250 78.000 3833 684 7 4:01 110.750 26.250 VERT 70.625 -3.625u 74.250 70.125 73.250 69.000 8156 1839 1 3:59 149.000 34.750 NSOL 60.875 -3.875d 64.750 63.125 63.375 60.000 8140 1654 2 4:00 153.750 10.500 BVSN 91.938 -7.250d 99.188 94.250 98.375 91.000 4524 1278 2 4:00 105.125 9.250
E*Misc [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- STRM 46.250 2.188u 44.063 42.000 46.875 40.125 3056 873 1 3:59 70.000 24.000 PHCM 98.375 1.375u 97.000 93.125 102.000 92.219 4474 1572 4 3:59 114.875 32.250 GMST 59.250 1.000u 58.250 58.625 59.625 56.750 5455 477 3 4:00 77.500 15.500
PCs [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- BBY 68.313 -0.938d 69.250 69.000 69.063 67.063 8053 837 5 4:05 80.500 15.969 AAPL 58.750 -1.375d 60.125 59.813 60.500 58.563 49109 2915 4 4:01 62.000 28.500 GTW 89.250 -1.750d 91.000 90.500 90.500 87.625 27710 1590 71 4:01 91.250 36.125
SemiCapX_EDA [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- NVLS 57.438 0.938u 56.500 56.563 58.250 56.438 10276 1503 35 4:00 75.875 20.875 AMAT 65.313 0.250u 65.063 65.250 66.313 63.344 11.5M 13206 1 4:01 79.938 21.563 LRCX 50.125 -0.438d 50.563 50.438 52.750 49.875 15507 1753 40 4:01 60.000 8.375 TER 65.313 -0.688d 66.000 66.000 67.000 65.000 10435 736 24 4:00 80.563 15.000 KLAC 63.125 -1.250d 64.375 64.750 65.375 62.500 11233 2072 4 4:01 73.063 20.750 SNPS 56.250 -1.313d 57.563 57.375 57.625 55.000 4268 707 4 4:01 63.250 24.500
Semis [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- MCHP 53.656 2.031u 51.625 51.750 53.875 50.563 7354 622 5 4:00 55.625 17.000 MMCN 50.875 1.125u 49.750 49.375 52.500 46.813 6292 1190 20 4:00 55.125 7.750 TQNT 48.500 1.000u 47.500 47.219 49.125 45.750 3045 586 1 3:56 54.563 7.328 RFMD 40.563 0.781u 39.781 38.250 42.000 38.125 11534 2023 1 3:59 43.313 3.063 LSCC 61.719 -0.156u 61.875 61.000 63.688 60.875 2881 357 1 3:59 68.125 18.875 RMBS 84.063 -0.438d 84.500 84.125 85.875 82.000 13637 1272 1 4:01 117.500 45.000 TXN 72.438 -0.563d 73.000 72.500 73.563 71.313 28956 2414 231 4:01 77.688 22.688 AMCC 86.375 -0.750u 87.125 86.250 86.875 84.875 4227 345 51 4:16 99.500 12.250 CREE 30.000 -0.813d 30.813 31.000 31.000 29.500 4407 516 49 4:01 41.000 5.250 GALT 51.125 -0.813d 51.938 51.250 52.250 50.125 3783 279 1 3:59 64.750 6.625 ALTR 38.625 -0.938d 39.563 39.500 39.625 38.313 21874 2147 1 4:00 46.875 14.531 LLTC 61.500 -1.313d 62.813 62.813 63.125 61.250 9781 1232 4 4:01 75.750 19.563 XLNX 68.500 -1.375d 69.875 68.813 70.813 67.938 15399 2466 4 4:01 74.250 14.875 TXCC 49.938 -1.688d 51.625 51.125 51.125 48.750 1813 268 17 3:59 54.250 7.328 VTSS 66.875 -1.813d 68.688 67.688 68.125 66.375 13629 1148 4 4:01 73.875 17.125 PMCS 89.250 -2.625d 91.875 90.500 91.750 88.750 12819 1028 4 4:00 95.375 11.438 QLGC 73.375 -3.125d 76.500 75.500 75.875 72.625 5592 786 9 4:00 85.500 11.750 BRCM 125.875 -4.063d 129.938 128.438 130.000 124.250 13882 3140 4 4:01 149.500 23.500
Software [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- CPWR 31.313 2.313u 29.000 29.500 32.125 28.625 8M 7458 4 4:01 39.906 16.375 CA 48.500 1.063u 47.438 47.500 48.750 47.250 8800 627 253 4:00 58.000 26.000 MERQ 47.375 1.000u 46.375 46.000 48.063 45.625 4259 403 10 4:00 50.000 10.563 ADBE 95.875 0.688u 95.188 94.250 96.000 90.500 25269 2047 4 4:01 96.938 23.625 ORCL 36.000 0.563u 35.438 35.188 36.625 35.063 13.5M 7594 17 4:01 41.156 12.125 LGTO 38.750 -0.375d 39.125 39.000 39.750 37.688 5563 837 29 3:59 41.375 13.750 EFII 57.813 -0.688d 58.500 58.375 58.563 57.375 3453 333 1 4:00 60.375 13.625 CTXS 52.500 -0.750d 53.250 52.875 53.750 51.250 9431 1105 34 4:00 65.250 23.125 CHKP 67.250 -0.813u 68.063 67.000 68.500 66.000 2741 457 3 3:59 73.313 10.875 SEBL 59.938 -1.125d 61.063 60.438 60.438 59.000 9403 885 1 4:00 67.375 15.125 RATL 28.625 -1.250d 29.875 29.813 29.813 28.250 10487 547 33 4:00 40.000 10.500 BMCS 53.625 -1.500d 55.125 54.500 54.625 52.875 23376 2439 4 4:01 64.875 30.000 VRTS 52.625 -2.063d 54.688 54.625 54.625 52.625 9691 1103 39 4:00 63.438 11.875
ECM [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- SANM 74.188 -0.313u 74.500 74.000 75.625 73.250 5481 651 21 4:00 83.500 19.625 JBL 41.125 -0.500d 41.625 41.500 41.500 40.625 1907 159 24 4:00 55.375 11.500 SLR 70.375 -0.625- 71.000 70.375 70.875 69.313 6757 711 158 4:02 74.750 19.406 FLEX 51.625 -1.875d 53.500 53.125 53.375 51.375 2007 421 12 4:00 60.250 10.984
Misc [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- NTAP 57.750 2.625u 55.125 55.625 58.875 55.500 13278 1589 4 4:00 67.000 16.000 EXTR 62.688 0.813u 61.875 60.563 64.500 59.750 4459 359 5 3:59 71.125 35.063 ADIC 20.375 0.125u 20.250 20.125 20.625 19.375 2482 242 3 3:56 24.938 3.063
Banks_Brokers [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- GS 61.563 -0.750d 62.313 61.625 62.500 60.813 6246 472 45 4:00 77.250 55.188 MER 75.250 -0.750d 76.000 76.063 79.250 75.188 44684 3151 436 4:00 102.500 35.750 C 45.625 -1.156d 46.781 46.563 46.875 45.313 7M 2934 22 4:36 51.750 19.000 MWD 93.813 -1.188u 95.000 93.313 95.313 93.000 15999 1225 116 4:01 116.938 36.500
Bios_Drugs [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- BGEN 73.125 0.938u 72.188 72.500 74.125 72.375 15642 1895 7 4:00 76.625 20.875 PFE 35.250 0.500u 34.750 34.625 35.375 34.500 48048 4415 7 4:25 50.031 28.656 AMGN 78.250 -2.500d 80.750 80.250 80.250 77.750 43554 4715 2 4:01 84.813 28.969 IMNX 123.125 -3.625d 126.750 125.000 127.750 122.625 8933 1390 4 4:01 145.875 23.938
Laser [EDIT This List] Symbol Last Change Close Open Day Hi Day Lo Vol Trades Shrs Time 52wk Hi 52wk Lo ------- --------- --------- --------- --------- --------- --------- ------ ------ ----- ----- --------- --------- VISX 89.938 0.813u 89.125 87.125 91.875 86.125 22478 3614 2 4:00 103.875 10.484 BEAM 15.375 0.750u 14.625 14.813 15.625 14.750 25214 2632 50 4:01 29.375 3.00
NEW YORK, Aug 19 (Reuters) - Stocks fell Thursday as a jump in imports sent the U.S. trade deficit to a record high in June, rekindling fears the Federal Reserve may need to move aggressively to raise interest rates to slow the strong economy.
Based on early and unofficial data, the Dow Jones industrial average ended down 27.54 points, or 0.25 percent, at 10,963.84 after losing more than 100 points early in the day.
The nation's trade deficit ballooned in June as imports from major trading partners outstripped exports by a record $24.6 billion.
The trade data sent the dollar tumbling to a seven-month low of 110.72 Japanese yen before it rallied to 111.33 Japanese yen in late trading. On Wednesday, the dollar plunged to 111.82, a drop of nearly 2 percent from Tuesday's close of 113.93.
Analysts said the explosion in the trade deficit showed the U.S. economy was still growing at a fast pace, which heightened the risk the Fed may have to raise interest rates more often than once to keep inflation from remerging.
The deficit exceeded the $20.5 billion predicted by economists surveyed by Reuters after a deficit of $21.17 billion in May.
The benchmark 30-year U.S. Treasury bond fell 13/32 with the yield rising to 6.03 percent from Wednesday's close of 5.99 percent. |