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Aug.22
7:35 AM ET
Friday, 22 Aug 2008
Global Market Olympics: S&P 500 Builds Some Cushion
Topics:Olympics | Economy (Global) | Stock Market
Companies:D.R. Horton Inc | Massey Energy Company | Centex Corp | Limited Brands Inc | Fannie Mae
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Medal Rounds - Only One Day to Go: With only one day left in the competition, the USA's S&P 500 finished the day up .25%, the only competing index to gain for the day. It'll take a big rally in Australia to catch the S&P, but who will take home the silver and bronze?
- The S&P 500 gained .25% yesterday while Australia lost nearly 1%
- Switzerland fell 1.4% allowing the UK's FTSE to pull into third
- There is less than a 2% range between second and sixth place, putting the silver and bronze medals in play
- Of our original 20 indices, Colombia's IGBC edged ahead of Israel's T25. It is now up 1.7% since the Olympics began.
World Markets Olympic Challenge: Leaderboard as of (8/21 Close) -
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Biggest gainers on the S&P yesterday were Limited Brands (LTD), Fannie Mae (FNM), Centex (CTX), Massey Energy (MEE), and DR Horton (DHI). Who do you think will win the World Market Olympic Challenge? The contest ends today at market close.
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