Financial news on October 10, 2008
Business and Financial news
As Crisis Grows, Driven by Impulse
The Times's business reporter, Alex Berenson, discusses the tendency in periods of crisis for investors to be driven impulse. Read more..
As Crisis Spreads, Global Approach Weighed
The U.S. and Britain appear to be coming to a common solution a day before a meeting of financial leaders. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 18.70 | 21.50 | 18.40 | 21.50 | 275M |
| Microsoft | MSFT | 21.79 | 22.35 | 20.65 | 21.50 | 228M |
| Intel | INTC | 15.01 | 15.89 | 14.26 | 15.19 | 167M |
| Pfizer | PFE | 14.83 | 15.90 | 14.31 | 15.14 | 149M |
| Cisco Systems | CSCO | 16.49 | 18.22 | 16.29 | 17.23 | 137M |
| Wells Fargo & Co. | WFC | 25.43 | 29.53 | 25.00 | 28.31 | 122M |
| JPMorgan Chase | JPM | 35.03 | 42.00 | 35.02 | 41.64 | 113M |
| ExxonMobil | XOM | 63.86 | 66.06 | 56.51 | 62.36 | 113M |
| Oracle Corp. | ORCL | 15.70 | 17.03 | 15.28 | 16.68 | 96.9M |
| AT&T Inc. | T | 22.14 | 24.82 | 20.90 | 22.42 | 80.1M |
| Apple | AAPL | 85.70 | 100.00 | 85.00 | 96.80 | 79.3M |
| Comcast | CMCSA | 15.93 | 16.26 | 14.01 | 15.36 | 70.6M |
| Verizon Communications | VZ | 24.18 | 28.09 | 23.07 | 26.77 | 52.9M |
| Wal-Mart Stores | WMT | 49.03 | 54.23 | 47.00 | 50.95 | 51.6M |
| Johnson & Johnson | JNJ | 55.40 | 59.00 | 52.06 | 55.85 | 50.1M |
| HP Inc. | HPQ | 36.23 | 40.65 | 35.50 | 37.00 | 49.6M |
| Home Depot | HD | 18.70 | 21.31 | 17.05 | 19.75 | 49.3M |
| Altria | MO | 16.50 | 17.84 | 16.26 | 17.16 | 48.7M |
| Chevron | CVX | 60.50 | 64.76 | 55.50 | 57.83 | 48.2M |
| ConocoPhillips | COP | 51.00 | 53.49 | 45.20 | 48.23 | 47.4M |
| Procter & Gamble | PG | 58.77 | 63.00 | 54.92 | 59.56 | 47.1M |
| Abbott Laboratories | ABT | 47.97 | 52.23 | 45.75 | 49.45 | 42.2M |
| Merck | MRK | 25.26 | 28.32 | 23.64 | 26.23 | 38.5M |
| Walt Disney & Co. | DIS | 22.59 | 24.42 | 21.25 | 23.04 | 37.8M |
| Coca-Cola | KO | 42.05 | 45.05 | 40.29 | 41.50 | 36.8M |
| McDonald's | MCD | 50.04 | 57.78 | 45.79 | 53.35 | 33.1M |
| Schlumberger | SLB | 56.06 | 60.55 | 51.25 | 60.50 | 32.2M |
| Bristol-Myers Squibb | BMY | 17.14 | 18.47 | 16.00 | 17.56 | 30.4M |
| Gilead Sciences | GILD | 38.58 | 41.19 | 35.60 | 37.47 | 25.1M |
| International Business Machines | IBM | 87.41 | 91.66 | 83.51 | 87.75 | 24.6M |
| UnitedHealth Group | UNH | 16.63 | 19.00 | 14.51 | 17.35 | 22.7M |
| Pepsico | PEP | 57.68 | 62.78 | 53.21 | 57.80 | 21.5M |
| Alphabet | GOOGL | 313.16 | 341.89 | 310.30 | 332.00 | 21.2M |
| United Technologies | UTX | 45.01 | 50.63 | 43.28 | 47.63 | 21M |
| Boeing | BA | 40.13 | 44.25 | 40.00 | 41.80 | 20.3M |
| Amgen | AMGN | 48.25 | 49.69 | 45.00 | 48.58 | 20.2M |
| Visa | V | 47.00 | 53.95 | 47.00 | 52.00 | 18.1M |
| Amazon | AMZN | 52.99 | 59.75 | 51.05 | 56.25 | 18M |
| 3M | MMM | 51.83 | 56.44 | 50.01 | 54.26 | 16.3M |
| Union Pacific | UNP | 53.34 | 60.44 | 51.75 | 58.00 | 10M |
| Berkshire Hathaway | BRK.B | 3000.00 | 3848.00 | 3000.00 | 3780.00 | 130K |
Exchange Rates of October 10, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 100.720 JPY | 1 JPY = 0.010 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.175 CAD | 1 CAD = 0.851 USD |
| US Dollar | Swiss Franc | 1 USD = 1.139 CHF | 1 CHF = 0.878 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.836 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 135.350 JPY | 1 JPY = 0.007 EUR |
| Euro | Pound Sterling | 1 EUR = 0.781 GBP | 1 GBP = 1.281 EUR |
| Euro | Australian Dollar | 1 EUR = 2.084 AUD | 1 AUD = 0.480 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.573 CAD | 1 CAD = 0.636 EUR |
| Euro | Swiss Franc | 1 EUR = 1.527 CHF | 1 CHF = 0.655 EUR |
| Euro | Chinese Yuan | 1 EUR = 9.156 CNY | 1 CNY = 0.109 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.583 GBP | 1 GBP = 1.717 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.543 AUD | 1 AUD = 0.648 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.165 CAD | 1 CAD = 0.858 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.131 CHF | 1 CHF = 0.884 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.649 AUD | 1 AUD = 0.377 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.006 CAD | 1 CAD = 0.499 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.941 CHF | 1 CHF = 0.515 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 11.651 CNY | 1 CNY = 0.086 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.756 CAD | 1 CAD = 1.323 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.733 CHF | 1 CHF = 1.364 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 4.400 CNY | 1 CNY = 0.227 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.969 CHF | 1 CHF = 1.032 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 5.814 CNY | 1 CNY = 0.172 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 5.997 CNY | 1 CNY = 0.167 CHF |
See what else happened on October 10, 2008