Closing Bell for Friday on Wall Street:

August 9, 2013: U.S. equity markets opened lower this morning and bounced around below the break-even line most of the day. The days biggest economic news came from China, where the CPI rose 2.7% year-over-year, flat with the prior reading and slightly below expectations. Chinese retail sales, industrial production and fixed asset investment all rose as well. In Europe, Britains trade deficit was down and France reported a budget deficit of 59.3 billion for July. In the U.S., wholesale inventories fell again in June.

The U.S. dollar index is trading higher today, now up 0.20% at 81.1420. The GSCI commodity index is down 0.3% at 627.95. WTI crude oil closed up 2.5% today, at $105.97 a barrel, closing the week down 0.9%. Brent crude trades up 1.1% at $107.86 a barrel. Natural gas is down 1.1% today at about $3.26 per million BTUs following the weekly storage report. Gold for December delivery settled up 0.2% today at $1,312.20 an ounce, to close the week up about 0.1%.

The unofficial closing bells put the DJIA down nearly 73 points to 15,425.44 (-0.47%), the NASDAQ fell about 9 points (-0.25%) to 3,660.11, and the S&P 500 fell -0.36% or about 6 points to 1,691.42.

There were a several analyst upgrades and downgradestoday, including:

Deere & Co. () cut to sell at UBS;Linn Energy LLC () cut to underperform at Oppenheimer;Cisco Systems Inc. () raised to neutral at J.P. Morgan;Gap Inc. () cut to neutral at Susquehanna; andRoyal Gold Inc. () raised to outperform with price target of $75 at RBC Capital Markets.

Earnings reports since markets closed last night resulted in some prices move today:

Air Lease Corp. () is down 1.4% at $26.99;Lions Gate Entertainment Corp. () is down 0.25% at $34.05 after posting a new 52-week high of $35.04;Molycorp Inc. () is down 9.2% at $6.72 after awider-than-expected loss;Monster Beverage Corp. () is up 0.7% at $63.90 after posting a new 52-week high of $66.11 earlier today;Noodles & Co. () is down 9.6% at $42.72;Priceline.com Inc. () is up 4.3% at $973.88 after posting a new 52-week high of $994.98 on great earnings, but we wonder when the stock will split;Rackspace Hosting Inc. () is up 8.5% at $47.99;Harvest Natural Resources Inc. () is down 5.5% at $4.28; andJames River Coal Co. () is up 11.3% at $1.98 after posting a profit on a debt swap deal.

Before markets open Monday morning we are scheduled to hear earnings results from Codexis Inc. (), Petroleo Brasileiro SA (), and Sysco Corp. ().

Some standouts among heavily traded stocks today include:

Cvent Inc. () is up 58.6% at $33.23. The cloud software company held its IPO today, after pricing above its expected range and rising as much as 87%.

J.C. Penney Co. Inc. () is down 5.6% at $12.90. The retailer is getting hit by demands that it speed up its hunt for a new CEO.

Dendreon Corp. () is down 25.9% at $3.40, a new 52-week low. The biotechnology company cut its outlook after missing earnings estimates last night.

Stay tuned for Monday. We have noted the following events on the schedule (all times Eastern):

11:30 a.m. - 3- and 6-month bill auctions2:00 p.m. - Treasury budget

Have a great weekend!

Related Articles

http://ejqucane.jimdo.com/2013/08/07/download-somewhere-over-the-rainbow-travels-in-south-africa/
http://friendfeed.com/umopaoe/e9a88930/driver-handbook-to-surviving-dui-in-florida
http://ildumibo.jimdo.com/2013/08/07/revit-enhanced-to-deliver-photo-realistic-renderings-revit-technology-company-business-and-marketing-an-article-from-cad-cam-update-jul-28-2005-book/
http://tbcozoien.blogdetik.com/2013/08/06/jim-crow-new-york-a-documentary-history-of-race-and-citizenship-1777-1877-online/
http://iqkozama.myinternetblog.net/The-first-blog-b1/Download-Charles-Bukowski-Laughing-with-the-Gods-book-b1-p128.htm
http://twitpic.com/d714i4
http://ldyfoyuuz.metroblog.com/promoting_women_s_rights_politics_of_gender_in_the_european_union_read_online
http://ednivove.jimdo.com/2013/08/07/moon-minnesota-moon-handbooks-read-online/
http://ewkuvote.gallerysblogs.com/The-first-blog-b1/Downloads-Like-a-Father-Beau-to-Beau-short-stories-book-b1-p117.htm
http://blogs.rediff.com/alfrediaic/2013/08/08/women-of-the-reformation-in-germany-and-italy-e-book/
http://zaidabai.blog.free.fr/index.php?post/2013/08/07/Statistical-Mechanics-the-Theory-of-the-Properties-of-Matter-in-Equilibrium-download
http://twitpic.com/d714jt
http://en.netlog.com/goldahagan/blog/blogid=28071246
http://twitpic.com/d714ir
http://ejgiyihe.blog.com/2013/08/07/intellectual-character-what-it-is-why-it-matters-and-how-to-get-it-ebook-downloads/
http://awhuwata.livejournal.com/19742.html
http://zujiwren.wordpress.com/2013/08/07/download-paris-a-musical-gazetteer-e-book/
http://etzapoz.jimdo.com/2013/08/07/download-the-life-of-lazarillo-de-tormes-new-york-review-books-classics-e-book/