Dow Establishes Another Record High
Dow and S&P rise by over 1%, while the Nasdaq rises by
over 2%. Crude
oil futures close higher to $59.42 after reaching a 16-month low earlier in the
session.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move
Wal-Mart Lowers Sept. Comps Growth Outlook
Resulted By Monthly Reconciliation Process (full
story). WMT shares close fractionally higher.
ImClone’s Board Recommends Shareholders To
Reject Carl Icahn’s Demands (full
story). IMCL shares soar higher by over 8%.Â
United Airlines Sept. Traffic Rises 1.3%, Load
Factor Down 0.7 Pts. (full
story). UAUA shares rise by 1.2%.
Armor Holdings Trims Q3, FY06 EPS Outlook (full
story). AH shares plunge nearly 10%.
General Motors, Renault And Nissan Terminate
Alliance Discussions (full
story). GM shares finish fractionally lower.
Valero Energy Cuts Q3 Earnings Outlook (full
story). VLO shares trade higher by 4%.
UnitedHealth Initiates Medicare Prescription
Drug Plan Offerings For 2007 (full
story). UNH 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
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+123.27
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11,850.61
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NASDAQ
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+47.30
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2,290.95
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S&P 500
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+16.11
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1,350.22
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size=2>NYSE
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size=2>NASDAQ
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Volume
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2,946,633,000
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2,176,390,000
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Advances
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2541
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2188
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Declines
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725
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864
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Up Volume
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2247
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1663
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Down Volume
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491
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408
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New Hi’s
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236
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106
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New Lo’s
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71
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75
Strongest
Sectors
Weakest
Sectors
Nasdaq Transportation
Index (TRANX)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News
EIA – Crude
Inventories Up 3.3 Mln. Barrels; Gasoline Inventories Up 1.2 Mln. Barrels;
Distillate Stocks Up 200K Barrels
ISM Services Index Falls More Than Expected In
September (full
story).
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Darren Wong
darrenw@tradingmarkets.com
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