Stock market continues to break record highs

Nov. 18, 2013 | by Alicia Kelso

Wall Street has had quite a run this year, and continues to hit new milestones. The Dow Jones passed 16,000 for the first time ever this morning, while the S&P 500 passed the 1,800 mark briefly. The markets are up 20 percent and 25 percent, respectively, in 2013 compared to 2012.

Cheese and wheat prices also all continued to drop last week, while fuel costs inched up slightly after weeks of falling.


After weeks on the rise, cheese prices fell 7 cents last week on the Chicago Mercantile, averaging $1.81, from $1.88 the week prior.

Prices closed at $1.82 Monday, $1.80 Tuesday and Wednesday, $1.81 Thursday and $1.82 on Friday.


Wheat prices continued to fall last week on the Minneapolis Grain Exchange, averaging $7 even, from $7.12 the week prior. Wheat was more than $7.50 a month ago.

Prices closed at $7.04 Monday, $7.01 Tuesday, $6.99 Wednesday, $7.00 Thursday and $6.96 on Friday.

Gasoline and diesel fuel

The nationwide average price for regular unleaded fuel today is $3.20, from $3.18 last week. According to the AAA and the Oil Price Information Service, prices a month ago were $3.35.

Last year at this time, consumers were paying $3.41 at the pump.

Today's mid-range unleaded is $3.38, from $3.37 the week prior. Premium gas is $3.56, from $3.54 last week.

Diesel fuel prices are averaging $3.81, from $3.82 the week prior. The price of diesel fuel was $3.87 a month ago and $3.99 last year.

Natural gas

Natural gas prices rose across most of the country over the report week (Nov. 6-13). The Henry Hub spot price closed Nov. 13 at $3.68/MMBtu, up 23 cents from $3.45/MMBtu at the beginning of the report week.

At the New York Mercantile Exchange (Nymex), the December contract settled at $3.566/MMBtu Nov. 13, up 6.8 cents/MMBtu for the report period.

Pizza company stocks

Springboarding off of Wall Street's successful week, shares of Pizza Hut parent Yum! Brands Inc. jumped to $73.34 last week, up from $69.80 the week prior. The company's 52-week low was in early February at $59.68. The company hit a new 52-week high of $75.13 in August.

Domino's finished last week at $69.22, up from $66.70 the week prior. DPZ hit a 52-week high in early October, at $69.92. Its 52-week low was $39.86 a year ago.

Papa John's finished Friday at $78.44, up from $75.96 the week prior. The company hit a new 52-week high earlier in the week at $78.94. The company hit its 52-week low of $47.32 a year ago.

CEC Entertainment Inc., parent company of Chuck E. Cheese restaurants, closed out last week at $45.34, up from $44.02 the week prior. The company hit a fresh 52-week high in October at $47.78. Its low was a year ago at $28.95.

Pizza Inn Holdings closed out last week at $8.49, up from $8.12 the week prior. The company's 52-week high was $9.18 in May. It traded as low as $3 a year ago.

Read more about supply chain news.


Topics: Cheese , Chuck E. Cheese's Pizza , Domino's Pizza , Equipment & Supplies , Food Cost Management , Operations Management , Papa John's , Pizza Hut , Pizza Inn

Alicia Kelso / Alicia has been a professional journalist for 15 years. Her work with, and has been featured in publications around the world, including NPR, Good Morning America, Voice of Russia radio, and Franchise Asia magazine.
View Alicia Kelso's profile on LinkedIn

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