TradingMarkets 7 Stocks You Need to Know for Wednesday

Stocks finished lower across the board on Tuesday, with the Dow industrials being the percentage leader to the downside.

The Dow lost 108.78. The Nasdaq Composite closed lower by 17.05. And the S&P 500 finished down 9.21

Here are 7 Stocks You Need to Know for Wednesday

CME Group Inc. (CME | Quote | Chart | News | PowerRating) was the S&P 500's biggest gainer on word that the Justice Department would approve CME's purchase of NYMEX, the New York Mercantile Exchange.

Goldman Sachs (GS | Quote | Chart | News | PowerRating) blew away earnings estimates this morning before the open, having largely avoided the worst of the lending crisis that has haunted its Wall Street peers.

FedEx (FDX | Quote | Chart | News | PowerRating) is scheduled to report quarterly earnings Wednesday before the open. Analysts are expecting earnings of $1.47 per share.

Zions Bancorporation (ZION | Quote | Chart | News | PowerRating) was down more than 10% on Tuesday as a Goldman Sachs report suggested tough times for regional banks through 2009.

Canadian Solar (CSIQ | Quote | Chart | News | PowerRating) closed up more than 10% on news that the company was boosting its 2008 sales forecast by as much as $220 million.

In their earnings announcement Tuesday before the open, Best Buy (BBY | Quote | Chart | News | PowerRating) topped analyst estimates by six cents per share.

Morgan Stanley (MS | Quote | Chart | News | PowerRating) reports earnings tomorrow before the bell, with analysts expecting EPS of $0.92.

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