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Share Name | Share Symbol | Market | Type |
---|---|---|---|
LandBridge Company LLC | NYSE:LB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-2.36 | -7.57% | 28.80 | 32.09 | 28.019 | 31.16 | 589,317 | 00:04:41 |
By Kate Gibson
NEW YORK (MarketWatch) -- U.S. stocks fell Thursday as the U.S. dollar gained strength, hitting dollar-denominated commodities and related stocks a day ahead of the September jobs report.
"All eyes are on tomorrow's jobs report with investors looking for some improvement," said Michael Sheldon, chief market strategist at RDM Financial Group.
After rising to within a few points of the psychologically significant 11,000 level, the Dow Jones Industrial Average (DJI) was off 22.55 points, or 0.2%, to 10,945.1, with 16 of its 30 components in retreat. The declines were led by 3M Co. (MMM) and Alcoa Inc. (AA), the latter slated to release third-quarter financial results after the close, the first blue chip to report.
The S&P 500 Index (SPX) fell 2.78 points, or 0.2%, to 1,157.19, with natural-resource firms down the most among its 10 industry groups.
The Nasdaq Composite Index (RIXF) rose half a point to 2,381.57.
Decliners edged past advancers on the New York Stock Exchange, where volume totaled 594 million as of 2:45 p.m. Eastern time.
The dollar rebounded against the euro, which had pushed to a new eight-month high above $1.40 after European Central Bank President Jean-Claude Trichet's remarks were deemed not excessively bearish.
The dollar index (DXY), which contrasts the greenback with six currency rivals, stood at 77.458, up from its 77.397 level in late New York trade Wednesday.
Crude-oil futures fell $1.56 to finish at $81.67 a barrel on the New York Mercantile Exchange, while gold futures fell $12.70 to end at $1,335 an ounce.
The weekly jobless-claims data came a day before the release of the government's monthly employment report, with economists expecting the unemployment rate to climb to 9.7% in September from 9.6% in August.
Retailers including Abercrombie & Fitch Co. (ANF) and Limited Brands Inc. (LTD) reported better-than-anticipated monthly sales.
PepsiCo Inc. shares (PEP) fell 3.2% after the beverage company lowered its earnings forecast. .
"Overall market internals have been improving in recent weeks, and barring a major development it appears markets are likely to head higher into the fall," said RDM Financial's Sheldon.
1 Year LandBridge Chart |
1 Month LandBridge Chart |
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