HVACR BUSINESS Market Watch
MARKETWATCH
Ruth King
 
 
 
Stocks Push Higher Despite Trade Concerns

Largely positive economic data toyed with potential trade negotiations with China and technology stimulated markets as our trading session ended Sept. 14, 2018.


The HVACR Business Stock Index rose 52.22 points, or 3.46 percent, and ended at 1563.29. Advancing issues dominated declining issues by a 5-to-1 margin.


The pace of hiring rose in August and pay shot up at the fastest rate in nine years. The Labor Department reported the addition of 201,000 jobs created in August; the unemployment rate remained at 3.9 percent, near an 18-year low.


Parker-Hannifin soared 20.66 points, or 12.41 percent. Research firm Buckingham upped its rating on PH to “buy” from “neutral.” PH closed at 187.15, and was the top dollar gainer.


Omega Flex tumbled 11.31 points, or 13.07 percent, and closed at 75.24. OFLX directors declared a regular quarterly dividend of $0.24 per share. It is payable on Oct. 2, 2018, to shareholders of record as of Sept. 21.


U.S. shipments of central air conditioners and air-source heat pumps totaled 891,190 units in July 2018, up 7.3 percent from 830,175 units shipped in July 2017.


Year-to-date combined shipments of central air conditioners and air-source heat pumps increased 6.5 percent, to 5,552,806, up from 5,214,936 units shipped in July 2017. Year-to-date shipments of central air conditioners increased 3.6 percent, to 3,647,251 units, up from 3,519,619 units shipped during the same period in 2017.


Stock Index
September 14, 2018

AAON $40.20 0.25
ABB $23.96 1.84
AOS $59.36 1.38
FIX $56.50 1.10
DOV $88.48 6.13
ELON $8.46 0.06
DWDP $68.58 2.12
EME $77.12 0.57
EMR $77.54 3.98
FCAU $17.50 1.89
F $9.45   0.00
GM $34.63 1.31
HON $165.11 11.93
HDSN $1.39 0.44
IR $103.40 5.50
JCI $38.00 0.45
LII $226.09 4.01
LXU $9.09 2.36
MTW $22.98 1.16
MLI $28.97 2.04
NWL $21.70 0.81
NSANY $18.98 0.41
OFLX $75.24 11.31
PH $187.15 20.66
RBC $84.90 4.50
ROK $191.60 19.91
SIEGY $63.65 1.34
SPXC $34.65 0.72
TXN $105.36 4.24
UTX $137.80 6.05
WSO $183.35 13.30
  Price 9/14/18 Price 8/15/18 Net Change Percent Change
HVACR Business Stock Index $1,563.29 $1,511.08 52.22 3.46%
Dow Jones Industrial Average $26,154.67 $25,162.41 992.26 3.94%
S&P 500 Index $2,904.98 $2,818.37 86.61 3.07%
NASDAQ Composite $8,010.04 $7,774.12 235.92 3.03%
 

view latest stock index

AHRI SHIPPING
facebook linkedin twitter

HVACR Business Magazine
24651 Center Ridge Road
Suite 425
Westlake, OH 44145
Ph: 440-471-7810
Fax: 440-471-7943


Copyright 2018, JFT Properties. All rights reserved.

Opt-In | Opt-Out | Update Profile

This email was sent by: %%Member_Busname%%
%%Member_Addr%% %%Member_City%%, %%Member_State%%, %%Member_PostalCode%%, %%Member_Country%%