American Hardware Manufacturers Association (AHMA)

Home Improvement Industry Stocks Fall Slightly

[Monday, July 09, 2012]  The Hard Fax Composite of home improvement industry stocks fell four points in the latest week of trading to end at 1282, down from 1286 the prior week, and is currently up 16 percent on the year. The Dow Jones Industrial Average fell 108 points for the week, ending at 12772, or plus five percent on the year.

Last week the market basket of 28 industry-related stocks had 16 gainers versus 12 decliners.

Friday’s weak jobs report reflecting an unemployment rate of 8.2% had a depressing effect on the market last week. For this week, the market continues to look to Europe for some signs of stability in the global economic situation. Also this week, many U.S. companies will begin to report second quarter earnings.

The full stock chart, plus links to live quotes, is here: Read More ...

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© 2013 American Hardware Manufacturers Association. All Rights Reserved.

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© 2013 American Hardware Manufacturers Association. All Rights Reserved.