Afternoon Buyers Step In To Keep Losses Narrow

Major indices finish fractionally lower after large
morning selloff.  Crude oil futures close lower by $1.01 to $58.93.

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

Chicago Mercantile Exchange To Merge With
CBOT Holdings
(full
story
).  CME shares rise by 2.4%, while BOT shares jump by nearly 13%.

Merrill Lynch’s Q3 Profit More Than Doubles On
One-time Gain, Strong Revenue Upside (full
story
).  MER shares close higher by 0.5%.

Eli Lilly To Buy Icos For About $2.1 Bln
Cash; Deal To Be Accretive In 2008; Gets Full Ownership Of Cialis (full
story
).  LLY shares finish fractionally lower, while ICOS shares jump
by 16%.

Office Depot Rises To Profit In Q3; Adj. EPS
Rises, Tops Street Views (full
story
).  ODP shares rise by over 1%.

United Technologies Q3 Profit Rises 21%; Boosts
FY06 EPS Outlook (full
story
).  UTX shares fall by over 2%.

Johnson & Johnson Q3 Adj. EPS Rises, Tops
Street Expectations, Revenues Grow 8% On Strong Drug Sales (full
story
).  JNJ shares rise by nearly 2%.

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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-30.58

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11,950.02

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NASDAQ

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-18.89

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2,344.95

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S&P 500

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-5.00
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1,364.05
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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,453,703,000

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2,100,069,000

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Advances

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1226

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1100

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Declines

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2031

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1918

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Up Volume

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605

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748

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Down Volume

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1513

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1219

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New Hi’s

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185

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123

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New Lo’s

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14
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28



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

Utilities Index (UTY)

PHLX Semiconductor
Index (SOX)
Amex Pharmaceutical Index (DRG) Nasdaq Transportation (TRANX)
Morgan Stanley Healthcare Payors Index (HMO) GSTI Semiconductor (GSM)

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

PPI Down 1.3% In Sept.; Core PPI Up 0.6%

Capacity
Utilization Slips To 81.9%

Industrial Production Falls 0.6% In Sept.

DHelvetica>arren Wong

darrenw@tradingmarkets.com


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