Stock Market News – Intel (INTC) and Cisco (CSCO) biggest Losers while ATT (T) Won

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(Best Syndication News) The week ended higher after declining six weeks in a row (see charts below). The Nikkei 225, Shanghai and Hang Seng were all lower on Friday and were also lower for the week.

Dow Jones

The Dow Jones Industrial Average (DJIA) index advanced 42.84 points (+0.36%) to 12,004.36. After a 1.49 percent decline on Wednesday, it appeared the week might end on a down-note.

Only seven of the 30 Dow constituents were lower Friday (see Dow constituent table below).

Intel Corporation (NASDAQ:INTC) was the biggest Dow loser, falling 0.23 (-1.07%) to 21.19. The share price fell two of the last five days and is 0.94 percent lower for the week.

On April 20th FBR Capital upgraded the stock from Mkt Perform to Outperform. On May 20th Goldman Sachs Group (NYSE: GS) downgraded the stock from neutral to sell.

Intel’s biggest competitor, Advanced Micro Devices, Inc. (NYSE:AMD) fell 0.19 (-2.64%) to $7.00. AMD’s market cap is $4.81 billion and Intel’s Mrkt Cap is $112.35 billion.

The share price of Cisco Systems, Inc. (NASDAQ:CSCO) declined 0.08 (-0.53%) to $14.97. Over the last week the share price was down 0.60 percent.

Shares of AT&T Inc. (NYSE:T) were up 0.34 (1.12%) to $30.77. There is anticipation regarding the company’s deal with T-Mobile International, the mobile phone company owned by German Deutsche Telekom.

S&P 500 and Nasdaq

The S&P 500 index was up 3.86 points (+0.30%) to 1,271.50 while the Nasdaq composite index fell 7.22 points (-0.28%) to 2,616.48.

Tech stocks took a beating this week. The S&P 500 Info Tech sector fell on Friday and is down 1.14 percent for the week (see sector chart below). That sector lost more than any other sector, other than materials. Both sectors hit 100-day lows Friday. Over the last 30-days all of the sectors were lower with Info Tech leading the way.

By: Dan Wilson

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World Markets:


Friday U.S. Markets 1 Day 1 Day 30-Day 100-Day 100-Day
6/17/2011 Pt Change % Change % Change % Change Min
12,004.36 Dow Jones Industrial Avg 42.84 0.36% -5.36% 0.95% 11,613.30
1,271.50 S&P 500 3.86 0.30% -5.56% -1.14% 1,256.88
2,616.48 Nasdaq Composite Index -7.22 -0.28% -7.98% -3.10% 2,616.48
Friday World Market Indexes 1 Day 1 Day 30-Day 100-Day 100-Day
17-Jun-11 Pt Change % Change % Change % Change Min
132.84 DJ Asian Titans 50 -0.18 -0.14% -6.93% -8.46% 104.32
2048.94 The Global Dow 7.37 0.36% -6.69% -4.54% 2,041.57
9,351.40 Nikkei 225 Japan -59.88 -0.64% -4.52% -8.66% 8,605.15
2,643.65 Shanghai China -20.77 -0.78% -7.98% -5.27% 2,643.65
21,695.26 Hang Seng Hong Kong China -257.85 -1.17% -7.03% -7.47% 21,695.26
2514.1 Dow Stoxx - 50 Europe 6.48 0.26% -4.31% -5.29% 2,466.49
2770.12 DJ Euro Stoxx - 50 Europe 39.50 1.45% -4.56% -6.21% 2,721.24
5,714.94 FTSE 100 England 16.13 0.28% -3.83% -2.52% 138.97
3,823.74 CAC 40 France 31.43 0.83% -4.58% -4.54% 2,146.77
7,164.05 DAX Germany 53.85 0.76% -3.33% 1.22% 6,513.84
4,484.90 S&P ASX 200 Australia 5.70 0.13% -5.72% -5.66% 4,479.20
17,870.53 BSE Sensex Bombay India -115.35 -0.64% -3.55% -2.49% 17,463.04
61,059.98 Brazil Bovespa Stock Index 179.36 0.29% -5.51% -8.28% 60,880.62
12,789.95 Canada S&P/TSX Comp -63.18 -0.49% -6.49% -5.62% 12,789.95

Dow Constituents:


Friday Dow Constituents One Day One Day 5-Day 100-Day
6/17/2011 Name Symbol Point Ch. % Change % Change % Change
21.19 Intel Corporation INTC (0.23) -1.07% -0.94% -2.57%
14.97 Cisco Systems, Inc. CSCO (0.08) -0.53% -0.60% -30.11%
14.72 Alcoa Inc. AA (0.07) -0.47% -2.52% -11.33%
99.17 Chevron Corporation CVX (0.26) -0.26% 0.24% 4.79%
79.02 Exxon Mobil Corp XOM (0.20) -0.25% -0.27% -0.80%
66.29 Johnson & Johnson JNJ (0.03) -0.05% -0.45% 9.39%
52.82 Wal-Mart Stores, Inc. WMT (0.01) -0.02% 0.38% -7.85%
38.04 The Walt Disney Co DIS 0.03 0.08% -0.86% -3.55%
35 Hewlett-Packard Co HPQ 0.03 0.09% 1.01% -25.34%
34.53 The Home Depot, Inc. HD 0.03 0.09% 3.04% -7.72%
20.26 Pfizer Inc. PFE 0.02 0.10% -0.98% 10.35%
48.5 American Express Co AXP 0.09 0.19% 0.54% 9.09%
65.62 The Coca-Cola Co KO 0.13 0.20% 0.77% 4.22%
74.16 The Boeing Company BA 0.15 0.20% 1.67% 5.91%
91.78 3M Company MMM 0.20 0.22% 0.53% 2.47%
84.57 United Technologies... UTX 0.22 0.26% 2.17% 3.88%
18.49 General Electric Co GE 0.05 0.27% 0.54% -7.18%
57.92 The Travelers Co TRV 0.16 0.28% -1.43% 3.06%
49.57 E.I. du Pont DD 0.23 0.47% 0.14% -1.49%
95.95 Caterpillar Inc. CAT 0.49 0.51% 0.53% 0.21%
34.48 Kraft Foods Inc. KFT 0.18 0.52% 1.06% 11.12%
35.39 Merck & Co., Inc. MRK 0.21 0.60% 0.17% 6.60%
64.69 The Procter & Gamble... PG 0.43 0.67% -0.12% -2.15%
10.68 Bank of America... BAC 0.08 0.75% -2.64% -21.18%
35.51 Verizon Communication VZ 0.27 0.77% -0.34% -2.45%
82.52 McDonald's Corporation MCD 0.71 0.87% 2.22% 9.78%
24.26 Microsoft Corporation MSFT 0.26 1.08% 0.92% -15.71%
164.44 Intl. Business Machines IBM 1.77 1.09% 0.78% 2.11%
40.8 JPMorgan Chase & Co. JPM 0.44 1.09% -2.09% -9.29%
30.77 AT&T Inc. T 0.34 1.12% 0.72% 7.10%

S&P Sectors:


Friday Sector Name One-Day One-Week 30-Day 100-Day 100-Day
6/17/2011 % Change % Change % Change % Change Low
534.25 Energy -0.26% -0.29% -3.99% -0.20% 530.31
229.1 Materials -0.03% -1.42% -6.44% -4.85% 229.1
306.98 Industrials 0.39% 1.01% -6.66% -2.55% 303.66
299.88 Consumer Discretionary 0.69% 0.71% -5.70% -0.16% 293.13
321.62 Consumer Staples 0.55% 0.87% -0.65% 5.46% 296.08
402.49 Health Care 0.22% -0.08% -1.86% 8.43% 364.17
200.82 Financials 0.92% -0.22% -7.32% -9.02% 197.86
389.68 Info Tech -0.27% -1.14% -8.38% -8.59% 389.68
130.31 Telecom Svc 0.77% 0.19% -2.84% 2.20% 121.27
167.76 Utilities 0.64% 0.62% -0.49% 3.25% 156.07
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