Markets Battle Back To Close Green After Early Selloff

Major indices
close fractionally higher.  Crude oil futures trade lower
by over 1% to $65.45.

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

FDA Seeks Additional Data From Genentech On
Avastin For Treatment Of Breast Cancer (full
story
).  DNA shares fall by 4.5%.

Dell Inc. Will Delay The Filing Of Its Second
Quarter 10-Q (full
story
).  DELL shares close lower by 2%.

IPSCO To Buy NS Group For $1.46 Bln
Cash; Expects Deal To Be Accretive To FY07 EPS (full
story
).  IPS shares close lower by nearly 6%.  NSS shares soar by
over 39%.

Freescale Semiconductor Confirms Buyout Talks (full
story
).  FSL shares jump over 20%.

Motorola Inc. Has Teamed Up With Nokia
On Mobile TV (full
story
).  MOT shares rise 1%, while NOK shares finish the day flat.

Campbell Soup Q4 Profit Plunges On Charges
Related To Sale Of Units (full
story
).  CPB shares trade fractionally higher.

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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+5.13

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11,397.24

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NASDAQ

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+7.46

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2,173.25

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S&P 500

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+0.65
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1,299.57
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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,502,458,000

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1,667,523,000

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Advances

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1422

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1319

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Declines

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1781

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1667

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Up Volume

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1015

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896

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Down Volume

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1247

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670

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New Hi’s

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90

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59

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New Lo’s

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58

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54



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

PHLX Semiconductor Index (SOX) PHLX Oil Service Sector (OSX)
S&P Retail Index (RLX) Amex Gold Bugs Index (HUI)
GSTI Semiconductor Index (GSM) PHLX Gold and Silver
Sector Index (XAU)

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

Fed’s Minehan Sees U.S. Economic Growth In High 2% Range (full
story
).

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Darren Wong

darrenw@tradingmarkets.com


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