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Market 360: The Week's Best & Worst

Friday, 24 Apr 2009 | 4:57 PM ET

On a peak earnings week that featured the stress test on the nation's biggest banks, credit cards, and news on the autos, the NASDAQ and technology stocks extend their rally to 7 weeks. Take over news of Sun Microsystems (JAVA), up 37.52% for the week, and strong earnings by eBay (EBAY) and Microsoft (MSFT), added momentum to the tech sector. The Dow closed above 8,000 on Friday, rising to a 5-day high.

  • The NASDAQ has gained 30.95% in the past 7 weeks
  • The last time the NASDAQ experienced 7-straight weeks of gains was December 2005
  • In percent terms, it is the biggest 7-week percent gain for the NASDAQ since July 2000, when the index rose 32.48%
  • Only 25 companies in the NASDAQ 100 are negative year-to-date
  • Since the March 9th lows, the NASDAQ is up 33.55%, while the S&P 500 has advanced 28.04%, followed by the Dow with a gain of 23.36%

Index Impact:

-American Express
(AXP) had the most positive impact on the Dow for the third week running, up 16% for the week
**YTD, American Express (AXP) is now the top Dow performer by % gain, up over 36% YTD
**7 Dow components remain positive YTD including 2 Financials: AXP, IBM, HD, DD, MSFT, INTC, JPM
-Wal-Mart (WMT) had the most negative impact on the Dow, down almost 5% for the week
**YTD, Citigroup (C) continues to be the worst Dow performer by % loss, down over 52% YTD
-Microsoft (MSFT) had the most positive impact on the S&P and the NASDAQ 100, up almost 9% for the week
**YTD, the top S&P performer by % gain is now a financial company, XL Capital (XL) up over 142% YTD
**YTD, the top NASDAQ 100 performer by % gain is Sun Microsystems (JAVA), up almost 141% YTD
-Bank of America (BAC) had the most negative impact on the S&P, down over 14% for the week
**YTD, the bottom S&P performer by % loss is Huntington Bancshares (HBAN) down almost 58% YTD
-Comcast (CMCSA) had the most negative impact on the NASDAQ 100 down over 4% for the week.
**YTD, the worst NASDAQ 100 performer by % loss is Pharmaceutical Product Dev (PPDI) down over 33% YTD


Sector Impact:

Five out of ten S&P sectors were positive for the week led by Materials up over 2%. Health Care was the most negative sector, down almost 4% for the week.

  • Materials were helped by Eastman Kodak (EK) up almost 24% for the week
  • Health Care was hurt by Ims Health (RX) down over 12% for the week
  • Year-to-date, 7 out of 10 sectors are negative led by Utilities down over 13%, displacing Financials as the most negative sector YTD
  • Information Technology still leads the way as the most positive sector year-to-date, up almost 16%




More Weekly Stats Here

Commodity Impact:

Oil settled at $51.55 per barrel, trading at a 2-week high on a weak US dollar.
Gas Prices: The AAA current national average for regular gas is $2.059 per gallon down 42.1% from a year ago when the average was $3.556 per gallon
-The highest recorded average price by AAA was on 7/17/2008, when the national average was $4.114 per gallon


Currency Impact:

The US dollar lost some ground versus most European currencies this week, as investors' appetite for riskier assets increased. The euro rose broadly on Friday helped by better-than-expected economic data out of Germany and France.

Commodity Impact:

Oil settled at $51.55 per barrel, trading at a 2-week high on a weak US dollar.
Gas Prices: The AAA current national average for regular gas is $2.059 per gallon down 42.1% from a year ago when the average was $3.556 per gallon
-The highest recorded average price by AAA was on 7/17/2008, when the national average was $4.114 per gallon


Global Index Performance led by Asia and Latin America:


Note:Data based on preliminary numbers. May adjust slightly due to settling at close.

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Bythenumbers.cnbc.com

  Price   Change %Change
KODK
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CMCSA
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WMT
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EBAY
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MSFT
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