Rally Continues As Fed Holds Rates Constant
Nasdaq closes up over 1%, while Dow and S&P finish
higher by over 0.5%. Crude oil futures finish the day lower by 2.3% at
$60.70.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move
Oracle Q1 Earnings Rise, Top Estimates (full
story). ORCL shares jump by over 11%.
Circuit City Q2 Profit Soars More Than 7-fold
On Strong Sales, Comps.; Lifts Lower-end Of FY07 Sales Outlook Range (full
story). CC shares close fractionally lower.
Morgan Stanley Q3 Earnings Increase On Strong
Institutional Securities Results; EPS From Cont. Ops Beat Estimate; Net Revenue
Up 15% (full
story). MS shares finish up 0.70%.
Inco Expects Q3 Adj. EPS To Exceed Consensus By
44%; Trims Production Outlook On Equipment Breakdowns (full
story). N shares close fractionally lower.
Steelcase Q2 EPS Doubles On Top Line Growth,
Guides Q3 (full
story). SCS shares finish sharply higher by nearly 9%.
Bausch & Lomb To Reduce 400 Employees In
Contact Lens Manufacturing Unit (full
story). BOL shares close fractionally lower.
For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
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Dow
align=middle width=”33%” height=18>
+72.28
align=middle width=”34%” height=18>
11,613.19
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NASDAQ
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+30.52
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2,252.89
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S&P 500
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+6.86
align=middle width=”34%” height=17>
1,325.17
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align=middle width=”33%” height=17>
size=2>NYSE
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size=2>NASDAQ
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Volume
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2,465,190,000
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2,141,574,000
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Advances
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2112
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1923
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Declines
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1149
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1093
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Up Volume
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1374
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1599
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Down Volume
align=middle width=”33%” height=17>
806
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418
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New Hi’s
align=middle width=”33%” height=17>
195
align=middle width=”34%” height=17>
129
width=”33%” height=17>
New Lo’s
align=middle width=”33%” height=17>
47
align=middle width=”34%” height=17>
48
Strongest
Sectors
Weakest
Sectors
(IXTC)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News
Fed Leave Rates Unchanged, Still Worried About Inflation (full
story).
Crude Inventories Drop Again, Gasoline Stockpiles Continue To
Edge Higher (full
story).
Helvetica>
Darren Wong
darrenw@tradingmarkets.com
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most
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