Dow Continues To Hit New Highs
Major markets rebound from weakness in morning
session; S&P and Dow close fractionally higher for the day.
Stocks on the Move
Oracle
(
ORCL |
Quote |
Chart |
News |
PowerRating) matched earnings Monday afternoon, but disappointed
on sales of new software licenses. ORCL traded lower by about 5%.
Morgan Stanley
(
MS |
Quote |
Chart |
News |
PowerRating) Q4 Profit Drops On Prior Year Gain, Net
Revenues Up 24%; Plans To Spin-off Discover; Approves Up To $6 Bln Share
Buyback; Declares Dividend. MS closed up 1.6% for the day. (full
story)
Circuit City
(
CC |
Quote |
Chart |
News |
PowerRating) Drops To Loss In Q3 On Price Cuts, Trims FY07
Guidance. CC closed down over 16%. (full
story)
Delta Air Lines Rejects US Airways
(
LCC |
Quote |
Chart |
News |
PowerRating) Merger Offer;
Files Standalone Plan Of Reorganization. LCC closed up 3%. (full
story)
UnitedHealth
(
UNH |
Quote |
Chart |
News |
PowerRating) To Confirm FY06 Outlook; Gives FY07 View;
Expects To Record Stock Option Charges In FY06. UNH rose nearly 4% during trading
today. (full
story)
Verizon Communications
(
VZ |
Quote |
Chart |
News |
PowerRating) Appoints Denny Strigl President,
Chief Operating Officer. VZ traded up fractionally today. (full
story)
For more stories as they happen, go to our Breaking News section.
Market Snapshot
|
Dow | +30.05 | 12,471.32 |
| Nasdaq | -6.02 | 2,429.55 |
|
S&P 500 | +3.07 | 1,425.55 |
|
NYSE |
| |
|
Volume | 2,611,548,000 | 1,935,162,000 |
|
Advances | 1720 | 1346 |
|
Declines | 1570 | 1708 |
|
Up Volume | 1328 | 712 |
|
Down Volume | 1027 | 1115 |
|
New Highs | 145 | 75 |
|
New Lows | 21 | 47 |
Strongest/Weakest Sectors
| Strongest Sectors | Weakest Sectors |
|
Morgan Stanley Healthcare (HMO) | GSTI Semiconductor (GSM) |
Amex Oil (XOI) | Amex Networking (NWX) |
Deutsche Bank Energy (DXE) | Dow Jones Equity (DJR) |
Economic News
The Producer Price Index (PPI) rose 2% in November, the biggest increase
since 1974.
Housing starts beat expectations, rebounding off of 6-year lows from October.
Darren Wong
darrenw@tradingmarkets.com
Use our most popular trading tool to find out how your stocks will move in the next 5 days.
* PowerRatings Heat Maps is a powerful tool, which can help you make sense of
the markets in an instant. PowerRatings Heat Maps are set for release in
early 2007.