Financial Markets Closing

Published on August 20, 2012, 6:20 pm
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Germany’s Bundesbank stepped up criticism of the ECB’s bond-buying program, citing its significant stability risks.
Belize was unable to make $23 million bond payment due today.
U.S. Bancorp upgraded by S&P to A+ from A on outperforming competitors.

DJIA: 13,271 (-0.03%)
S&P500: 1,418 (0%)
Nasdaq: 3,076 (-0.01%)
EuroStoxx: -0.20%
Nikkei: +0.86%
Hang Seng: +0.71%

Lowe’s missed expectations, with an EPS of $0.65 vs. street’s estimate of $0.70 and revenue of $14.25 billion vs. estimate of $14.44 billion. The miss was cited to potentially be from the company offering fewer promotions due to its “everyday low price” model, and unseasonably warm weather pulling demand into Q1. The company cut its EPS guidance for the year to $1.64. It previously saw $1.73-$1.83, with the street estimating $1.80.

WTI Crude: 95.97 (-0.04%)
Nat Gas: +2.09%
Copper: -1.43%
Corn: +2.04%  One-year High

EURUSD: 1.2346 (0%)
DXY Dollar Index: 82.486 (-0.13%)

U.S. 10y: 1.8053% (-0.5bp)
German 10y: 1.509% (+1bp)
Spanish 10y: 6.282% (-16bp)
Italian 10y: 5.773% (-1bp)


Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | - the largest daily news publication in the borough of "the" Bronx with over 1.5 million annual readers. Publishing under the alias Jonas Bronck is our humble way of paying tribute to the person, whose name lives on in the name of our beloved borough.