Stock indexes closed mixed across the board on the lowest Consumer Confidence Index reading in 28 years. The Dow dropped -5.86 to 12986.80, the S&P500 gained +1.78 to 1425.35, and the NASDAQ fell -4.88 ending at 2528.85.
Starbucks (SBUX | Quote | Chart | News | PowerRating) climbed 5.85% or .95 cents to 17.02 after billionaire, activist investor Leonard Peltz's Trian Partners purchase of .01% was revealed.
Urban Outfitters (URBN | Quote | Chart | News | PowerRating) fell 5.96% or 1.96 per share to 30.92 on analysts downgrades.
BMC Software (BMC | Quote | Chart | News | PowerRating) added 5.85% or 2.15 closing at 38.58 after beating analysts estimates on fourth quarter profits resulting from growing license and service revenue.
Kohl's Corp. (KSS | Quote | Chart | News | PowerRating) gave back 2.73% or 1.38 to 49.11 on removal from Goldman's "Conviction Buy List".
Oil set an intraday record prior to dropping back to 126.64. Gold climbed 19.90 to 899.90.
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Treasury Budget (Apr): Actual $159.3B, Consensus $160.0B
Export Prices ex-ag. (Apr): Consensus NA, Prior 1.2%
Import Prices ex-oil (Apr): Consensus NA, Prior 1.1%
Retail Sales (Apr): Consensus -0.2%, Prior 0.2%
Retail Sales ex-auto (Apr): Consensus 0.2%, Prior 0.1%
Business Inventories (Mar): Consensus 0.4%, Prior 0.6%
Core CPI (Apr): Consensus 0.2%, Prior 0.2%
CPI (Apr): Consensus -$0.3%, Prior 0.3% |
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