$1.74
7.0%
Shares of Walt Disney Co. rose to $26.70 and were the biggest gainers in the Dow. After the close of trading Monday, the company announced earnings that handily beat estimates.
-$1.73
5.5%
Toll Brothers Inc. stock slid to $29.47 after the nation’s largest builder of luxury houses said first-quarter orders plunged 29 percent. A Standard & Poor’s 500 index of home builders lost 3.3 percent.
-$1.96
4.9%
Shares of Palm Inc. declined to $37.88 after the stock of the inventor of the Palm hand-held computer was cut to “underweight” from “equal-weight” by a Lehman Brothers analyst.
-$19.50
Gold futures for April delivery fell to $554.80 an ounce, the biggest drop since January 2004. The price of copper slid 2.3 percent. Phelps Dodge Corp., the biggest publicly traded copper producer, fell 7.7 percent, to $152.53. Newmont Mining Corp., the largest producer of gold, declined 7 percent, to $56.27.
-$2.02
Crude oil for March delivery closed at $63.09 a barrel after the Energy Department lowered its global oil demand estimate. An energy index lost 3.7 percent for the biggest drop among 10 industry groups in the S&P 500. Exxon Mobil Corp., the world’s biggest oil company, slid $1.42, to $60.55. Valero Energy Corp., the nation’s largest refiner, slumped $2.89, to $56.61.
