Stocks Close Flat On Light Volume

Major indices finish the day nearly flat. Crude oil
futures reach an intraday high of $73.75 before pulling back to close higher by
0.2% at $72.50.

href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks On The
Move

XM Satellite Radio Reveals FCC Awards New
Certification For Company’s Radios (full
story
).  XMSR shares jump by nearly 5%.

Hoku Scientific Trading Higher After Initiating
First Step Of Building The Polysilicon Plant (full
story
).  HOKU shares soar by 34%.

CardioDynamics Reveals CMS’ Draft Decision To
Continue Current Hypertension Coverage For BioZ ICG Technology (full
story
).  CDIC shares sent lower today by 15%.

Robert Rubin Leaves Ford’s Board (full
story
).  F shares trade up over 3%.

Corcept Therapeutics Reveals Negative Results
From CORLUX Trial, Reports Unusually High Placebo Response Rate (full
story
).  CORT shares get slashed by over 56% in morning trading.

Isle Of Capri Casinos Pulling Back As Q1
Earnings Fall Short Of Estimates (full story).  ISLE shares drop by 12%.

For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News
section.



Market Snapshot

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Dow

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-18.25

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11,286.21

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NASDAQ

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+3.16

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2,140.27

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S&P 500

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-0.76
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1,295.30

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size=2>NYSE

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size=2>NASDAQ

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Volume

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1,595,735,000

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1,261,909,000

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Advances

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1750

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1574

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Declines

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1456

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1394

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Up Volume

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783

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735

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Down Volume

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638

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412

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New Hi’s

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67

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53

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New Lo’s

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38

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54



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

OSX Index (OSX)) Morgan Stanley
Healthcare Index (HMO)
Amex Gold Bugs Index
(HUI)
Securities
Broker Dealer Index
(XBD)
Natural Gas Index
(XNG)
S&P Banks Index (BIX)

href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News

Bernanke Says Benefits Of Globalization “Large
Indeed” (full
story
).

 

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Darren Wong

darrenw@tradingmarkets.com


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