Market diary.Stocks posted mixed results in the week ended July 28, as a marketwide slide in prices approached two months in duration. The Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. eked out a 0.7 percent gain, while the S&P 500 managed a gain of 0.1 percent for the week. The tech-heavy Nasdaq composite index Nasdaq Composite Index An index that indicates price movements of securities in the over-the-counter market. It includes all domestic common stocks in the Nasdaq System (approximately 5,000 stocks) and is weighted according to the market value of each listed fell 0.9 percent, while the LABJ LABJ Los Angeles Business Journal 200 Index of local companies lost 1.4 percent of its value. One big mover having an impact on the market-weighted LABJ 200 was WellPoint Health Networks, whose merger with Anthem Inc. hit opposition from state Insurance Commissioner John Garamendi John Raymond Garamendi (born January 24, 1945) is a U.S. politician and a member of the Democratic Party. He became the 46th Lieutenant Governor of California on January 8 2007. . WellPoint shares fell 12.7 percent to $98.90, contributing to a 10.8 percent loss in the LABJ's health care sector, the worst performance of any local industry group. Among the largest percentage gainers for the week were Tekelec Inc., up 18.3 percent to $19.31, Skechers USA Inc., up 15.8 percent to $13.81, and National Lampoon Inc., up 29.5 percent to $5.70. Among the week's biggest losers were Rexhall Industries inc., down 20 percent to $1.40, Merisel Inc., down 17.3 percent to $3.64, and IRIS International Inc., down 13.6 percent to $6.40. Declines outnumbered Outnumbered is a British sitcom that aired on BBC One in 2007.[1] It stars Hugh Dennis and Claire Skinner as a mother and father who are outnumbered by their three children. advancers 128 to 62, while three local stocks hit new 52-week highs, compared with 19 new lows. |
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