Stocks
Domestic Stocks Dive, Energy Bounces Back
(MONEY Magazine) – Among market benchmarks, all domestic-stock indexes fell for the third straight month, while the Morgan Stanley EAFE index, which tracks more than 1,000 European, Asian and Australian companies, gained 3.6%. Energy jumped to the top-performing spot with an 8.3% gain after suffering the steepest losses among the S&P sectors in June. Shares of the widely held oil giant ExxonMobil rose 11.4% in July, thanks to nearly record-setting quarterly earnings. S&P 500 SECTOR AVERAGES TOP-PERFORMING STOCKS BENCHMARKS S&P 500 RATIOS P/E 17.5 DIVIDEND YIELD 1.93 HIGHEST-YIELDING DOW STOCKS MOST WIDELY HELD STOCKS NOTES AND SOURCES: Unless otherwise noted, data as of July 27 from Lipper, New York; 877-955-4773. Index levels from Bloomberg. Bond index data from Lehman Brothers. Stock data from Thomson/Baseline. Monthly S&P 500 ratios from Standard & Poor's. Ratios are based on previous four quarters of earnings. Top-Performing Stocks limited to companies with market capitalization of at least $500 million. Most Widely Held Stocks ranked by largest accounts at Merrill Lynch. [1] Annualized. [2] Price change only. |
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