Market News Video
Weekly Market Wrap: August 7, 2015
Friday, August 7, 3:13 PM ET

The thirty-first full trading week of 2015 comes to a close with the Dow Jones, S&P 500, and NASDAQ Composite lower in mid-afternoon trading on Friday.

Most actively traded stocks include SunEdison (SUNE) down 10.25%, Bank of America (BAC) lower by 0.76%, Chesapeake Energy (CHK) up 2.2%, Groupon (GRPN) down 6.4%, and Apple (AAPL) up 0.03%.

The S&P 500, Dow and NASDAQ are all significantly lower over the last five trading days.

Crude oil futures are significantly lower this week, trading at $43.85 per barrel on Friday afternoon.

And Gold futures are lower this week, trading at $1093.29 an ounce this afternoon.

In economic news, in the week ending August 1, the advance figure for seasonally adjusted initial claims was 270,000, an increase of 3,000 from the previous week's unrevised level of 267,000. The 4-week moving average was 268,250, a decrease of 6,500 from the previous week's unrevised average of 274,750.

Total nonfarm payroll employment increased by 215,000 in July, and the unemployment rate was unchanged at 5.3 percent, the U.S. Bureau of Labor Statistics reported. Job gains occurred in retail trade, health care, professional and technical services, and financial activities.

In July, both the unemployment rate (5.3 percent) and the number of unemployed persons (8.3 million) were unchanged. Over the year, the unemployment rate and the number of unemployed persons were down by 0.9 percentage point and 1.4 million, respectively.

In July, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.2 million. These individuals accounted for 26.9 percent of the unemployed. Over the past 12 months, the number of long-term unemployed is down by 986,000.

In corporate dividend news, UPS (NYSE:UPS) declared a regular quarterly dividend of $0.73 per share on all outstanding Class A and Class B shares. The dividend is payable September 1, 2015, to shareowners of record on August 17, 2015.

General Dynamics (NYSE:GD) declared a regular quarterly dividend of 69 cents per share on the company's common stock, payable November 13, 2015, to shareholders of record on October 9.

CME Group declared a third-quarter 2015 dividend of $0.50 per share, payable September 25, 2015, to shareholders of record as of September 10, 2015.

Archer Daniels Midland Company (NYSE:ADM) has declared a cash dividend of 28.0 cents per share on the company's common stock payable Sept. 9, 2015, to Stockholders of record Aug. 19, 2015.

American International Group (NYSE:AIG) declared a 124 percent increase in the quarterly dividend to $0.28 per share on AIG Common Stock, par value $2.50 per share. The dividend is payable on September 28, 2015, to stockholders of record at the close of business on September 14, 2015.

Monsanto Company (NYSE:MON) declared a quarterly dividend on its common stock of 54 cents per share. The dividend relates to the company's fourth quarter of its 2015 fiscal year and is payable on October 30, 2015, to shareowners of record on October 9, 2015.

Kimberly-Clark (NYSE:KMB) has declared a regular quarterly dividend of $0.88 per share. The dividend is payable on Oct. 2, 2015, to stockholders of record on Sept. 4, 2015.

And, PPL Corporation (NYSE:PPL) is increasing its common stock dividend to $0.3775 per share on a quarterly basis. The increased dividend will be payable Oct. 1 to shareowners of record as of Sept. 10.

This is the 'Weekly Market Wrap' for Friday August 7, 2015.

Please join us on Monday for the Week Ahead Market Report.

For MarketNewsVideo.com, I'm Sayoko Murase.

Weekly Market Wrap: August 7, 2015
Tuesday 6/18 Insider Buying Report: GES, SGMSTuesday 6/18 Insider Buying Report: GES, SGMS
Related symbols: GES,SGMS
Monday 6/17 Insider Buying Report: ITCI, CNRMonday 6/17 Insider Buying Report: ITCI, CNR
Related symbols: ITCI,CNR
Friday 6/14 Insider Buying Report: KIRK, DSSIFriday 6/14 Insider Buying Report: KIRK, DSSI
Related symbols: KIRK,DSSI
S&P 500 Analyst Moves: DRIS&P 500 Analyst Moves: DRI
Related symbols: DRI
Dow Analyst Moves: AAPLDow Analyst Moves: AAPL
Related symbols: AAPL
S&P 500 Analyst Moves: MDLZS&P 500 Analyst Moves: MDLZ
Related symbols: MDLZ
Monday Sector Laggards: Education & Training Services, General Contractors & BuildersMonday Sector Laggards: Education & Training Services, General Contractors & Builders
Related symbols: LINC,UTI,TPH,NWHM
Monday Sector Leaders: Consumer Services, DrugsMonday Sector Leaders: Consumer Services, Drugs
Related symbols: BID,BLNK,ARRY,CALA
Friday Sector Laggards: Semiconductors, Oil & Gas Equipment & ServicesFriday Sector Laggards: Semiconductors, Oil & Gas Equipment & Services
Related symbols: MRAM,SMI,SPN,BAS
S&P 500 Movers: WU, WDCS&P 500 Movers: WU, WDC
Related symbols: WU,WDC
Nasdaq 100 Movers: PYPL, WDCNasdaq 100 Movers: PYPL, WDC
Related symbols: PYPL,WDC
Dow Movers: PG, AAPLDow Movers: PG, AAPL
Related symbols: PG,AAPL
Daily Dividend Report: BX, CPT, STOR, LPT, CLNCDaily Dividend Report: BX, CPT, STOR, LPT, CLNC
Related symbols: BX,CPT,STOR,LPT,CLNC
Daily Dividend Report: IIPR, ABT, AVGO, BMY, WPCDaily Dividend Report: IIPR, ABT, AVGO, BMY, WPC
Related symbols: IIPR,ABT,AVGO,BMY,WPC
Daily Dividend Report: TGT, PKI, NFG, BEN, MSFTDaily Dividend Report: TGT, PKI, NFG, BEN, MSFT
Related symbols: TGT,PKI,NFG,BEN,MSFT
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015Weekly Market Wrap: August 14, 2015
Related symbols: BAC,AMAT,AAPL,S,SYY
Weekly Market Wrap: August 7, 2015Weekly Market Wrap: August 7, 2015
Related symbols: SUNE,BAC,CHK,GRPN,AAPL
Weekly Market Wrap: July 31, 2015Weekly Market Wrap: July 31, 2015
Related symbols: BAC,MU,AAPL,SUNE,FB
Week Ahead Market Report: June 8, 2015Week Ahead Market Report: June 8, 2015
Related symbols: BAC,FTR,AAPL,INTC,MNKD
Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
Related symbols: BAC,AAPL,VALE,T
Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
Related symbols: BAC,AAPL,MSFT,ICLD,NOK
MNV
MNV
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