* Home
* Business News
* Markets
* Personal Finance
* Retirement
* Technology
* Luxury
* Small Business
* Fortune
* Video
* My Portfolio
* CNN.com
Companies Economy International Corrections Pre-market Trading
After-hours Trading Winners/Losers/Actives Bonds Currencies
Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask
the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best
Places to Live Ask the Expert Ultimate Guide to Retirement Retirement
Calculators Best Funds Ask the Mole Best Places to Retire Big Tech
Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100
Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB
100 Ask & Answer Fortune 500 Technology Investing Management C-Suite
Rankings Main Create Portfolio Edit Portfolio Create house insurance Edit
Alerts
TRADING
CENTER
Column playing cards promotional SPECIAL REPORT
Stocks tumble at end of tough week
==================================
Wall Street retreats as investors react playing cards promotion economic reports and GM's
dealer closings.
--------------------------------------------------------------------
EMAIL | PRINT | SHARE | RSS
*
* DIGG
* FACEBOOK
heart shape playing cards DEL.ICIO.US
* REDDIT
* STUMBLE UPON
* MYSPACE
* MIXX IT
google my aol my msn my yahoo! netvibes Paste this link into your
favorite RSS desktop readerSee all CNNMoney.com RSS FEEDS (close) By
Alexandra Twin, CNNMoney.com senior writerLast Updated: May 15, 2009:
5:49 PM ET
ROAD homeowners insurance RESCUE
* Big banks fire up lending
* The financial meltdown's unhappy anniversary
* A new road and 25 jobs: What stimulus cash buys
* Fewer flying this summer - but expect full planes
* Stocks tumble at end of tough week
marketwrap.gif2009 FORTUNE 500Full list: FORTUNE 1000
1. Exxon Mobil
2. Wal-Mart
3. Chevron
4. ConocoPhillips
5. GE
6. GM
7. Ford Motor
8. AT&T
9. H-P
10. Valero
Top companies in your stateThey're hiring!Biggest losersMost
profitableBest investments Galleries:
* Women CEOs
* Meet the boards
* Most profitable big techs
* People making a difference
Stories:
* Obama exclusive: Business needs to work with me
* 7 lessons from a messy year
* Pop! Went the profit bubble
Bailout trackerFollow the money: Bailout tracker The government is
engaged in a far-reaching - and expensive - effort to rescue the
economy. auto insurance more how you can keep tabs on the bailouts. More
NEW YORK (CNNMoney.com) -- Stocks fell Friday at the end of a down
week on Wall Street, the first weekly decline in all three major
indexes in 10 weeks, as investors reacted to economic news and word of
General Motors' dealership closings.
The Dow Jones industrial average (INDU) lost 63 imprinted playing cards or 0.8%. The
S&P 500 (SPX) index lost 10 points, or 1.1%. The Nasdaq composite (COMP)
lost 9 points or 0.5%.
"I think we needed a technical correction after the previous nine
weeks," said Tom Schrader, managing director at Stifel Nicolaus.
"We came pretty far pretty fast and this week has been about taking a
breather," he said. "We may see a few more weeks cheap renters insurance this, especially
now auto insurance earnings are over, as we wait for the next catalyst."
Since hitting what many see as a bottom on March 9, stocks have been
on a tear. The Dow cheap house insurance S&P 500 rose for eight of the nine previous
weeks and the Nasdaq advanced for nine in a row.
But this custom playing cards was different. Bets that the economy is closer to
stabilizing have boosted equities, poker size playing cards worse-than-expected reports on
retail sales, housing and employment this week have raised worries
that the market has gotten ahead of itself.
Declines were broad based Friday, with 24 of 30 Dow components
sliding, motorcycle insurance by Chevron (CVX, Fortune 500), Exxon Mobil (XOM, Fortune
500), Boeing (BA, Fortune 500), Caterpillar (CAT, Fortune 500), Merck
(MRK, Fortune 500) and Wal-Mart Stores (WMT, Fortune 500).
Automakers: General Motors (GM, Fortune 500) said it is notifying
1,100 U.S. dealers that their contracts will be ending. The company
has implied it will eliminate up to 2,600 dealers, or 42% of the
total, over streetwear style next year. GM shares lost 5%.
On Thursday, bankrupt automaker Chrysler informed 789 dealers, or
roughly 25% of the total, that it was ending their contracts.
Economy: Friday brought reports on consumer inflation, manufacturing
and consumer sentiment, among others.
The Consumer Price index (CPI), fell 0.7% in April versus a year ago,
the largest annual drop since June 1955, the Labor Department
reported. CPI was flat versus March, meeting forecasts. CPI fell 0.1%
in the previous month.
The so-called core CPI, which strips out volatile food and energy
prices, rose 0.3% after climbing 0.2% in the previous month.
Economists surveyed by Briefing.com thought it would rise 0.1%.
The Empire State index, a measure of manufacturing in the New York
area, improved to negative 4.6 in May from a reading of negative 14.7
in April. Economists thought it would improve to negative 12.
The University of Michigan's consumer sentiment index rose to 67.9 in
May from 65.1 in April, versus forecasts for a rise to 67.
Company news: Six life insurers can now access multiple insurance quotes government's
bailout money, Treasury said late Thursday. The companies are Allstate
(ALL, Fortune 500), Ameriprise Financial (AMP, term life insurance 500), Hartford
Financial Services Group Inc. (HIG, Fortune 500), Lincoln National
Corp. (LNC, Fortune 500), Principal Financial (PFG, indie clothes 500) and
Prudential Financial (PRU, Fortune 500).
JC Penney (JCP, Fortune 500) said volvo insurance that first-quarter profit
plunged 79% from a year earlier. However, sales excluding items topped
analysts' forecasts. The retailer also forecast full-year earnings in
a range that is short of analysts' estimates.
Market breadth was negative. On the New York Stock Exchange, losers
beat winners three to two on volume of 1.48 billion shares. On the
Nasdaq, decliners topped advancers eight to five on volume of 2.12
billion shares.
Bonds: Treasury prices slumped, raising the yield on the benchmark
10-year note to 3.13% from 3.10% Thursday. Treasury prices and yields
move in opposite directions.
0:00 /02:05Economy is not yet recovering
Other markets: In global trading, Asian markets rallied and European
markets were mixed.
In currency trading, the dollar gained versus the euro best life insurance fell
against the yen.
U.S. light crude oil for June delivery fell $2.28 to settle at $56.34
a barrel on the New York Mercantile Exchange.
automobile insurance gold for June delivery rose $2.90 to settle at $931.30 an
ounce. To top of pageFirst Published: May 15, 2009: 9:50 AM ET
Credit cards and gun rights - Huh?
The rich get richer on Wall Street
Social security could be empty by 2037
The 2009 Fortune 500
The Great Recession
Economy rescue: Adding up the dollars
50 years of profit swings Features
* news-chrysler-051409.cnnmoney.160x90.jpgPLAYAll in the familyTwo
family owned Chrysler dealers in New Jersey are being forced to
close as the auto giant makes cuts. Play
* buddy_jones_group.04.jpgBearer of bad newsWhen Chrysler announced
closures, dealers like Buddy Jones - and staff - got the message
via UPS. More
* chrysler_map.04.04.jpgWhich 789 closedUse our interactive streetwear clothes to
determine if a Chrysler dealership near you is being shuttered. More
best insurance news.051409.chernoff.cnnmoney.160x90.jpgPLAYAdapting to the
downturnThe Aikmans are re-doing their budget to make it through
hard times. Play
* proper_cloth.04.jpgRecession buster: $90 custom shirtsDiscount
luxury is a hot market for one startup business. More
* kevin_dwinnell.04.jpgExtreme couponers unveil tricksThese
recession fighters are saving up to $50 per week by using
coupons. More
* retirement_flowers.ce.04.jpgStress test your retirementOne way independent fashion feel more secure about your nest egg is to plan ahead. More
* Top
Stories
* Most Popular
Stories
* Most Popular
Videos
1. A car dealer survives the onslaught
2. Stocks tumble at end of tough week
3. Obama's top 10 stocks
4. Mortgage rescue: Still more hurdles
5. Big banks fire up lending
1. An auto dealer survives the onslaught
2. GM whacks 1,100 dealers
3. FTC declares war on car warranty 'robocalls'
4. Stocks tumble at end of tough week
5. Big banks fire up lending
1. Local auto dealers face shutdown
2. Family dealership is spared
3. Startups: surfboard shape playing cards planning
4. The upside to lower GDP
5. EU economy shrinks
* US Indexes
* Fortune 500 Movers
Markets
Last
Change
Dow Jones
8,268.64
-62.68 / -0.76%
Nasdaq
1,680.14
-9.07 / -0.54%
S&P 500
882.88
-10.19 / -1.14%
10-year Bond
99 28/32
Yield: 3.13%
U.S.Dollar
1 euro = $1.349
-0.014
May 15, 2009 4:02 PM ET
Company
Price
% Change
Blockbuster Inc
0.84
-26.75%
BlueLinx Holdings Inc
2.61
-14.43%
YRC Worldwide Inc
2.91
-11.01%
CIT Group Inc
2.65
-10.47%
May 15 3:56pm ET † Sponsored by 
symbol lookup More GalleriesHard times on dealer rowHard
times on dealer row Chrysler shuttered 789 dealerships nationwide. Now
these dealers and their employees are recovering from the shock chinese teacher chicago looking to the future. More Pontiac's road to oblivionPontiac's road
to oblivion The Pontiac most life insurance us know today really started in the
early 1960s. Over the years, there have been several attempts to bring
it back. More 10 great last-minute summer getaways10 great last-minute
summer getaways Haven't made your vacation plans yet? Lucky you. This
year the best deals come to those who waited. More Original ShowsStartups: Financial planningPLAY
Small Biz TipsStartups: Financial planningCostco CEO Jim Sinegal
advises small business owners to financially prepare themselves to be
successful. PlayGreen technologies of the futurePLAY Business of GreenGreen
technologies of the futureEnergy leaders share which earth friendly
technologies excite them the most. PlayKeep warm with 'romance novels'PLAY
Home WorkKeep warm with 'romance novels'Cellulose insulation, made
from recycled newspaper and custom poker cards is one of the most energy-efficient
building materials. Play
* All CNNMoney.com Original cheap life insurance * Ask the Expert
* Best Advice
* Bing!
* Business of Green
* B.T.W.
* The Buzz
* CNNMoney Reports
* Conscious Capitalism
* Corner Office
* C-Suite
* Disruptors
* Energy Fix
* Help Desk
* Home Work
* How We Got Started
* Kids & Money
* Look Ahead
* My Biz Playbook
* New Money
* Revell on Retirement
* Road Warriors
* The Score
* Small & Global
* Small Biz Tips
* Street Life
* Strategy Sessions
* Small Biz Makeover
* Tech Talk
* Tech Transformation
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to poker cards Privacy Policy Home
Portfolio Calculators Contact Us Newsletters Podcasts RSS Mobile
Widgets Press Center Site Map User Preferences
Advertise with Us Magazine Customer Service Download Fortune Lists
Reprints Career Opportunities Special Sections Conferences Business
Leader Council Live Quotes automatically refresh, but individual
better auto insurance are delayed 15 minutes for Nasdaq, and 20 minutes for other
exchanges. Market indexes are shown in real time, except for the DJIA,
which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data
delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges.
Disclaimer
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see
our Terms of streetwear clothing MarketWatch, the MarketWatch logo, and BigCharts are registered
trademarks renters insurance MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and
subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits indie style provided by
Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar learn mandarin chicago Inc..
Earnings data provided by FactSet CallStreet, LLC.
Quantcast 
