
"Overall, the PDD Index, which is comprised of about 50 companies that range in size and market focus, was up over 15 points from the week of December 10." |
Whether it’s from tax incentive-based capital expenditures or simply the holiday spirit moving purchasing managers to open their wallets, 4 our of the 5 PDD Market Indexes showed gains over the last week. Specifically:
- Automotive was up over 1.5 points.
- Medical stock value rose about twenty-five cents per stock dollar.
- The Industrial index was up over 15 points.
- Consumer Electronics, despite heavy loses from Apple, was up 1.5 points as well.
- The Aerospace/Military index was the lone negative performer, as it lost nearly 3.5 points.
Overall, the PDD Index, which is comprised of about 50 companies that range in size and market focus, was up over 15 points from the week of December 10.
Biggest movers (good and bad):
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- Raytheon stock was down $1.20/share.
- Toyota gained more than 5 points.
- Smith & Nephew, a surgical instrument manufacturer, was down almost 2 points over the week.
- Siemens led the industrial charge with gains of nearly $7.00/share.
- As referenced earlier, Apple brought most consumer electronics gains down as its stock lost more than 9 points.
The values of the marketplaces in the PDD Index, based on the individual stock prices of those companies tracked during the past week:
- Aerospace/Military - $35.45
- Medical - $31.88
- Consumer Electronics - $31.56
- Industrial - $31.40
- Automotive - $10.81