*** Market Summary ***
6/04/99 5/28/99 %Change
S&P 500 1,327.75 1,301.84 +1.99%
Dow Jones 10,799.84 10,559.74 +2.27%
NASD Comp 2,478.32 2,470.42 +.32%
Russell 2000 442.33 438.68 +.83%
SOX Index 408.96 388.13 +5.37%
Value Line 455.64 450.17 +1.22%
MS Growth 565.72 545.99 +3.61%
MS Cyclical 588.64 565.43 +4.11%
T - Bill 4.43% 4.51% -8 BP
Long Bond 5.96% 5.82% +14 BP
Gold - Oz-Near Month $267.20 $270.60 -$3.40
Silver - Oz-Near Month $4.95 $4.89 +$.06
*National Association of Purchasing Managers' Index Rises
To 55.2 in May from 52.8 in April
*April Construction Spending drops -2.4%
*Leading Indicators slip -.1% in April
*Auto Sales for May - Excellent - On pace for a Record Year
*New Home Sales for April Rose +9.2%
*Jobless Claims rose to 305,000 from prior week's 301,000 -
Four Week Moving Average rose +500 to 304,250
*April Factory Orders slip -1.2% on Weak Transportation Sector
Ex Transportation, Orders rose +.5% - Third consecutive gain
*Labor Department Report for May
- Unemployment Rate drops to 4.2%
- Non Farm Payrolls rise 11,000
- Average Hourly Earnings rise +$.05 to $13.19/hour
- Average Workweek increases +.1 hr to 34.5 hours
Monday: Consumer Credit
Tuesday: Unit Labor Costs, Wholesale Inventories,
Philadelphia FRB Index
Wednesday:
Thursday: Jobless Claims
Friday: Producer Price Index, Retail Sales, Univ. of
Michigan Consumer Sentiment |
