US Market At 3 June 2009


Market at 3 June 2009
DJIA
Open 8740.07 High 8740.39 Low 8598.38 Close 8675.24
NASDAQ
Open 1823.79 High 1828.09 Low 1806.51 Close 1825.92
S&P500
Open 942.51 High 942.51 Low 923.85 Close 931.76

May ADP Employment Change released a lower release than last release but still missed analyst estimation.
April Factory Orders and May ISM Services released a better release than last release but still missed analyst estimation.
29 May Crude Inventories release a higher inventories than last release, and missed analyst estimation because analyst expect inventories will go lower.

3 June before market open, JOYG and TOL released their earning report. TOL released a lower earning than last year release and missed analyst estimation, while JOYG released their earning higher than last year earning and better than analyst estimation.

DJIA moved down passed support at 8645 then closed at 8675.24.
NASDAQ moved down and held by support at 1800 then closed at 1825.92.
S&P500 moved down passed support at 935 then closed at 931.76.

Market at 4 June 2009
DJIA
Support at 8600, if this support break, DJI will move to 8530.
Resistance at 8745, if this resistance break, DJI will move to 8815.
NASDAQ
Support at 1810, if this support break, NASDAQ will move to 1800.
Resistance at 1830, if this resistance break, NASDAQ will move to 1840.
S&P500
Support at 920, if this support break, S&P500 will move to 915.
Resistance at 940, if this resistance break, S&P500 will move to 950.

Economic Data Release at 4 June 2009.
  • 30 May Initial Claims will be release at 08.30 ET. Analyst estimate a better release than last release.
  • Q1 Productivity-Rev and Q1 Unit Labor Costs will be release at 08.30 ET. Analyst estimate higher productivity and lower costs compare to last release.
Earning Report
There are no earning might affect today market movement.

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