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Quick Market Stats: Week Ending 10/24

Friday, 24 Oct 2008 | 6:30 PM ET

The markets end the week in negative territory as all major indexes lost 5% or more for the week. The Russell 2000 brings up the rear losing over 10% for the week.
The Dow closed at 8,378.95 down 312.30 or -3.59%
The S&P closed at 876.77 down 31.34 or -3.45%
The NASDAQ closed at 1552.03 down 51.88 or -3.23%

Tracking for the 5th worst month ever for the Dow:
The Dow is currently down almost 2,500 points or -22.78% for the month
The biggest monthly % drop for the Dow was September, 1931 when the Dow dropped -30.70%
The second & third biggest monthly % drop were March, 1938 and April, 1932 when the Dow fell -23.67%
The fifth biggest monthly % drop was October, 1987, when the Dow fell -23.22%
All Dow components are negative so far for the month of October, led by Alcoa (AA) down over 58% for the month, followed by Caterpillar (CAT) down by over 44% for the month
-Alcoa (AA) is trading at more than 13 year lows hitting a new low of $9.05 not seen since March, 2005
-Caterpillar (CAT) is hitting 5-year lows today not seen since July, 2003
-Citigroup (C ) is the third worst monthly performer trading down almost 41% MTD and trading at 12-year lows not seen since October, 1996
The Dow is down almost 41% off its market peak on October 9, 2007 of 14,164.53
In market cap, the Dow has lost $755 Billion in market cap in October month-to-date

S&P 500 Tracking for the 3rd Worst Month Ever:
The S&P is currently down almost 290 points and -24.83% for the month (data back to 1928):
The biggest monthly % drop for the S&P was September, 1931 when the S&P dropped -30.54%
The second biggest monthly % drop was March, 1938 when the S&P fell -25.69%
The S&P is now down almost 44% from its peak of 1565.15 on October 9, 2007
Only 6 S&P 500 components are positive month-to-date:
-Wachovia (WB) up 63.71% MTD
-National City (NCC) up 16.57% MTD
-Family Dollar (FDO) up 5.4% MTD
-Pactiv (PTV) up 2.74% MTD
-UST (UST) up 0.41% MTD
-Huntington Bancshares (HBAN) up 0.13% MTD
The most negative components of the S&P MTD: Dominated by real estate companies
-General Growth Properties (GGP) down -85.63% MTD and it is trading at historic lows never seen since the company went public for the second time in 1993 (Locally the Paramus Park Mall is managed by GGP)
-Developers Diversified Realty (DDR) down -74.50% MTD and it is trading at historic lows never seen, it went public in February 1993 at $22 per share at it is currently trading at about $8.
-Prologis (PLD) down -70.80% MTD
-Office Depot (ODP) down -70.62% MTD
-CB Richard Ellis (CBG) down -66.87% MTD
In market cap, the S&P has lost $2.6 Trillion in October, month-to-date

The NASDAQ is tracking for its 2nd Worst Month Ever: The NASDAQ Composite is down almost 540 points and -25.81% for the month (Data back to 1971)
The biggest monthly % drop for the NASDAQ was October, 1987 when the NASDAQ dropped -27.23%
The third biggest monthly % drop for the NASDAQ was November, 2000 when the NASDAQ dropped -22.90%
All NASDAQ 100 components but 1, UAL (UAUA) up 35.95% MTD are negative for the month of October
-Level 3 (LVLT) is down the most at -72.22% MTD
-Millicom International (MICC) is down -59.63% MTD
-SanDisk (SNDK) is down -59.44% MTD
-NII Holdings (NIHD) is down -59.36% MTD
-Cadence Design (CDNS) is down -57.10% MTD
The NASDAQ is now down almost 45% from its peak of 2859.12 hit on October 31, 2007
In Market Cap, the NASDAQ 100 has lost $457 Billion in October month-to-date
The VIX
hit a high of 89.53 on Friday

All major sectors are negative for the week and the month. For the week and the month the biggest decliner was Materials, down almost 11.08% for the week and 32% for the month:


Oil settles below $65 per barrel at $64.15, its lowest close since May, 2007, losing 11.15% for the week.
Oil first crossed $65 per barrel on August 10, 2005 on an intraday basis
-In August, 2005 the EIA gas national average was $2.53 per gallon.
Today, the EIA gas national average is $2.781 per gallon, $.04 lower than the average 1 year ago
Copper hits a 3-yr low falling almost 7% in Friday's session
Copper is often viewed as a bellwether of economic health, because as an industrial metal , it best reflects the economy
Gold is tracking towards its worst monthly performance since 1983

The markets end the week in negative territory as all major indexes lost 5% or more for the week. The Russell 2000 brings up the rear losing over 10% for the week.
The Dow closed at 8,378.95 down 312.30 or -3.59%
The S&P closed at 876.77 down 31.34 or -3.45%
The NASDAQ closed at 1552.03 down 51.88 or -3.23%

Tracking for the 5th worst month ever for the Dow:
The Dow is currently down almost 2,500 points or -22.78% for the month
The biggest monthly % drop for the Dow was September, 1931 when the Dow dropped -30.70%
The second & third biggest monthly % drop were March, 1938 and April, 1932 when the Dow fell -23.67%
The fifth biggest monthly % drop was October, 1987, when the Dow fell -23.22%
All Dow components are negative so far for the month of October, led by Alcoa (AA) down over 58% for the month, followed by Caterpillar (CAT) down by over 44% for the month
-Alcoa (AA) is trading at more than 13 year lows hitting a new low of $9.05 not seen since March, 2005
-Caterpillar (CAT) is hitting 5-year lows today not seen since July, 2003
-Citigroup (C ) is the third worst monthly performer trading down almost 41% MTD and trading at 12-year lows not seen since October, 1996
The Dow is down almost 41% off its market peak on October 9, 2007 of 14,164.53
In market cap, the Dow has lost $755 Billion in market cap in October month-to-date

S&P 500 Tracking for the 3rd Worst Month Ever:
The S&P is currently down almost 290 points and -24.83% for the month (data back to 1928):
The biggest monthly % drop for the S&P was September, 1931 when the S&P dropped -30.54%
The second biggest monthly % drop was March, 1938 when the S&P fell -25.69%
The S&P is now down almost 44% from its peak of 1565.15 on October 9, 2007
Only 6 S&P 500 components are positive month-to-date:
-Wachovia (WB) up 63.71% MTD
-National City (NCC) up 16.57% MTD
-Family Dollar (FDO) up 5.4% MTD
-Pactiv (PTV) up 2.74% MTD
-UST (UST) up 0.41% MTD
-Huntington Bancshares (HBAN) up 0.13% MTD
The most negative components of the S&P MTD: Dominated by real estate companies
-General Growth Properties (GGP) down -85.63% MTD and it is trading at historic lows never seen since the company went public for the second time in 1993 (Locally the Paramus Park Mall is managed by GGP)
-Developers Diversified Realty (DDR) down -74.50% MTD and it is trading at historic lows never seen, it went public in February 1993 at $22 per share at it is currently trading at about $8.
-Prologis (PLD) down -70.80% MTD
-Office Depot (ODP) down -70.62% MTD
-CB Richard Ellis (CBG) down -66.87% MTD
In market cap, the S&P has lost $2.6 Trillion in October, month-to-date

The NASDAQ is tracking for its 2nd Worst Month Ever: The NASDAQ Composite is down almost 540 points and -25.81% for the month (Data back to 1971)
The biggest monthly % drop for the NASDAQ was October, 1987 when the NASDAQ dropped -27.23%
The third biggest monthly % drop for the NASDAQ was November, 2000 when the NASDAQ dropped -22.90%
All NASDAQ 100 components but 1, UAL (UAUA) up 35.95% MTD are negative for the month of October
-Level 3 (LVLT) is down the most at -72.22% MTD
-Millicom International (MICC) is down -59.63% MTD
-SanDisk (SNDK) is down -59.44% MTD
-NII Holdings (NIHD) is down -59.36% MTD
-Cadence Design (CDNS) is down -57.10% MTD
The NASDAQ is now down almost 45% from its peak of 2859.12 hit on October 31, 2007
In Market Cap, the NASDAQ 100 has lost $457 Billion in October month-to-date
The VIX
hit a high of 89.53 on Friday

All major sectors are negative for the week and the month. For the week and the month the biggest decliner was Materials, down almost 11.08% for the week and 32% for the month:


The dollar index was up over 1.4% on Friday, and 5% for the week as a drop in global equities helps buoy the US dollar and yen.
-The euro is at 6-yr lows vs the US dollar
-The pound sterling falls below the $1.60 level for the first time since 2003
-The Swiss franc is at multiple year highs against the euro and the pound

The markets end the week in negative territory as all major indexes lost 5% or more for the week. The Russell 2000 brings up the rear losing over 10% for the week.
The Dow closed at 8,378.95 down 312.30 or -3.59%
The S&P closed at 876.77 down 31.34 or -3.45%
The NASDAQ closed at 1552.03 down 51.88 or -3.23%

Tracking for the 5th worst month ever for the Dow:
The Dow is currently down almost 2,500 points or -22.78% for the month
The biggest monthly % drop for the Dow was September, 1931 when the Dow dropped -30.70%
The second & third biggest monthly % drop were March, 1938 and April, 1932 when the Dow fell -23.67%
The fifth biggest monthly % drop was October, 1987, when the Dow fell -23.22%
All Dow components are negative so far for the month of October, led by Alcoa (AA) down over 58% for the month, followed by Caterpillar (CAT) down by over 44% for the month
-Alcoa (AA) is trading at more than 13 year lows hitting a new low of $9.05 not seen since March, 2005
-Caterpillar (CAT) is hitting 5-year lows today not seen since July, 2003
-Citigroup (C ) is the third worst monthly performer trading down almost 41% MTD and trading at 12-year lows not seen since October, 1996
The Dow is down almost 41% off its market peak on October 9, 2007 of 14,164.53
In market cap, the Dow has lost $755 Billion in market cap in October month-to-date

S&P 500 Tracking for the 3rd Worst Month Ever:
The S&P is currently down almost 290 points and -24.83% for the month (data back to 1928):
The biggest monthly % drop for the S&P was September, 1931 when the S&P dropped -30.54%
The second biggest monthly % drop was March, 1938 when the S&P fell -25.69%
The S&P is now down almost 44% from its peak of 1565.15 on October 9, 2007
Only 6 S&P 500 components are positive month-to-date:
-Wachovia (WB) up 63.71% MTD
-National City (NCC) up 16.57% MTD
-Family Dollar (FDO) up 5.4% MTD
-Pactiv (PTV) up 2.74% MTD
-UST (UST) up 0.41% MTD
-Huntington Bancshares (HBAN) up 0.13% MTD
The most negative components of the S&P MTD: Dominated by real estate companies
-General Growth Properties (GGP) down -85.63% MTD and it is trading at historic lows never seen since the company went public for the second time in 1993 (Locally the Paramus Park Mall is managed by GGP)
-Developers Diversified Realty (DDR) down -74.50% MTD and it is trading at historic lows never seen, it went public in February 1993 at $22 per share at it is currently trading at about $8.
-Prologis (PLD) down -70.80% MTD
-Office Depot (ODP) down -70.62% MTD
-CB Richard Ellis (CBG) down -66.87% MTD
In market cap, the S&P has lost $2.6 Trillion in October, month-to-date

The NASDAQ is tracking for its 2nd Worst Month Ever: The NASDAQ Composite is down almost 540 points and -25.81% for the month (Data back to 1971)
The biggest monthly % drop for the NASDAQ was October, 1987 when the NASDAQ dropped -27.23%
The third biggest monthly % drop for the NASDAQ was November, 2000 when the NASDAQ dropped -22.90%
All NASDAQ 100 components but 1, UAL (UAUA) up 35.95% MTD are negative for the month of October
-Level 3 (LVLT) is down the most at -72.22% MTD
-Millicom International (MICC) is down -59.63% MTD
-SanDisk (SNDK) is down -59.44% MTD
-NII Holdings (NIHD) is down -59.36% MTD
-Cadence Design (CDNS) is down -57.10% MTD
The NASDAQ is now down almost 45% from its peak of 2859.12 hit on October 31, 2007
In Market Cap, the NASDAQ 100 has lost $457 Billion in October month-to-date
The VIX
hit a high of 89.53 on Friday

All major sectors are negative for the week and the month. For the week and the month the biggest decliner was Materials, down almost 11.08% for the week and 32% for the month:

  Price   Change %Change
SNDK
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LVLT
---
C
---
AA
---
CAT
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