Major indices close higher led by the Nasdaq up 0.5%. Crude oil futures
close higher by
$2.05 to
$61.40.
Stocks on the
Move
ConocoPhillips Q3 Net Income Rises Despite
Lower Revenues (full
story). COP shares rise by 2.3%.
Altria Q3 Profit Declines, EPS Falls Short Of
Consensus; Raises FY06 EPS Forecast (full
story). MO shares close higher by nearly 3%.
Colgate-Palmolive Q3 Profit Slips, Excl.
Charges EPS Tops Consensus; Forecasts Double Digit EPS Growth In 2006 & 2007 (full
story). CL shares rise by 2.8%.
GM Delivers Better Than Expected Q3 Results,
Tightens Estimate For Exposure To Delphi Bankruptcy Filing (full
story). GM shares fall by over 4%.
Boeing's Q3 Earnings Dented By Charges Despite
Solid Showing Of Commercial Airplane Business (full
story). BA shares fall by 3.4%.
Harrah's Entertainment Q3 EPS Rises On Top Line
Growth, Adj. EPS Declines (full
story). HET shares move up by 1%.
Anheuser-Busch Q3 Profit Rises; Declares
Dividend (full
story). BUD shares rise by nearly 2%.
For more stories as they happen, go to our Breaking
News section.
Market Snapshot
|
Dow |
+6.80 |
12,134.68 |
|
NASDAQ |
+11.75 |
2,356.59 |
|
S&P 500
|
+4.84 |
1,382.22 |
|
|
NYSE |
NASDAQ |
|
Volume |
2,874,873,000 |
2,073,111,000 |
|
Advances |
2178 |
1673 |
|
Declines |
1099 |
1367 |
|
Up Volume |
1735 |
1237 |
|
Down Volume |
879 |
718 |
|
New Hi's |
329 |
138 |
|
New Lo's |
16 |
39 |
Strongest/Weakest Sectors
|
Strongest
Sectors |
Weakest
Sectors |
|
PHLX Oil Services Sector (OSX) |
Morgan Stanley Healthcare Payors
Index (HMO) |
| Amex Gold Bugs Index (HUI) |
Morgan Stanley Healthcare
Provider Index (RXH) |
| Amex Disk Drive Index (DDX) |
Amex Airline Index (XAL) |
Economic
News
Fed Funds Rate Is
Unchaged At 5.25%
Crude
Inventories Down 3.3 Mln. Barrels, Gasoline Inventories Down 2.8 Mln. Barrels,
Distillate Stocks Down 1.4 Mln. Barrels
Sept. Existing
Home Sales Down 1.9% To 6.18 Mln. Units; Existing Home Prices Down 2.2% From
Year Ago $220K; Housing Inventories Down 2.4% To 7.3 Month Supply
Darren Wong
darrenw@tradingmarkets.com
Use our
most
popular trading tool to find out how your stocks will move in the next 5
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