The Dow Jones Industrial Average shed 50 points to close at 12,727.21 Monday while the Nasdaq and S&P 500 lost 11.53 points and 3.14 points, respectively.
In economic news, the Commerce Department reported that retail sales in June fell 0.5%, a third consecutive monthly decline and a significant disappointment to analysts who, on average, were predicting a 0.2% gain last month.
Also, business inventories rose 0.3% in May to $1.58 trillion, a tad higher than 0.2% increase most pundits had forecast.
Here are some more details from Monday’s trading session:
Dow Jones Industrial Average:
- Down seven of the past eight trading days.
- Down 10.15% (rounded) from its record close of 14164.53 on October 09, 2007.
- An intraday high of 12779.58 occurred at the open today, representing an increase of 2.49 points, or 0.02%.
- An intraday low of 12690.05 occurred at 10:08:33 today, representing a decrease of 87.04 points, or 0.68%.
- Seven of the 30 component stocks rose, 23 fell.
- Today's top five contributors to The Dow's movement and their point contribution: CVX (5.83), AXP (5.37), MMM (3.86), PFE (2.42), T (0.53).
- Today's bottom five laggards: IBM (-9.23), JPM (-7.42), CAT (-6.96), KO (-6.05), MCD (-4.84).
- Up 2.76% from 52 weeks ago.
- Up 94.40% from its 12-year closing low of 6547.05 on March 9, 2009.
- Up 5.17% from its 2012 closing low of 12101.46 on June 04, 2012.
- Down 4.16% from its 52-week high of 13279.32 on May 01, 2012.
- Up 19.44% from its 52-week low of 10655.30 on October 03, 2011.
- Month-to-date: down 1.19%.
- Year-to-date: up 4.17%.
Dow Jones U.S. Total Stock Market Index:
14015.84, down 38.67 points, or 0.28%, or approximately $49.8 billion in market capitalization
- Down seven of the past eight trading days.
- Down 10.98% (approximately $2.9 trillion in market cap), from its record close of 15745.39 on October 09, 2007.
- Up 106.11% (approximately $8.2 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
- Up 2.48% from 52 weeks ago.
- Up 6.13% from its 2012 closing low of 13206.64 on January 04, 2012.
- Down 4.91% from its 52-week high of 14740.15 on April 02, 2012.
- Up 24.04% from its 52-week low of 11299.07 on October 03, 2011.
- Month-to-date: down 0.60%, or approximately $114 billion in market cap.
- Year-to-date: up 7.65% or approximately $1.1 trillion in market cap.
Data courtesy of Dow Jones Indexes.
