Dow Fails To Close Above Record High

Dow and S&P finish down 0.3%, while Nasdaq loses 0.5%. 
Crude oil futures finish the day fractionally higher at $62.91.

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

Research In Motion Q2 EPS Tops Estimate; Guides
Q3 Above Consensus; To Restate Results On Stock Option Probe (full
story
).  RIMM shares finish the day higher by 19.25%.

Timken Cuts Q3, FY06 Adj. EPS Outlook On
Reduction In North American Automotive Production; To Slash 700 Positions In
Automotive Group (full
story
).  TKR shares drop over 9%.

Novelis Sees Profit Before Taxes In 2007; Stock
Up (full
story
).  NVL shares rise by over 11%. 

EC Approves Pfizer’s Anti-Smoking Drug (full
story
).  PFE traded to a 52-week high earlier in today’s session.
Finishes the day fractionally higher.

HP CEO Hurd Pledges To ‘dig Harder And Deeper’
Into Probe Issue (full
story
).  HPQ shares trade higher by 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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-39.38

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11,679.07

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NASDAQ

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-11.59

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2,258.43

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S&P 500

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-3.30
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1,335.85
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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,186,469,000

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1,769,775,000

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Advances

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1338

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1266

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Declines

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1890

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1776

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Up Volume

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838

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658

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Down Volume

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1031

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948

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New Hi’s

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122

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98

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New Lo’s

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21

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45



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

GSTI Hardware (GHA)

S&P Retail Index (RLX)
PHLX Oil Service Sector (OSX) PHLX Utility Sector (UTY)
GSTI Multmedia Networking (GIP) S&P Chemicals (CEX)

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

U. Of Michigan
Consumer Sentiment Index 85.4 For Sept.

U. Of Michigan
Consumer Sentiment Index 85.4 For Sept.

Increase In Personal Income Outpaces Personal Spending Growth In
August (full
story
).

Poole Says Data-Dependent Fed Is Good Sign (full
story
). 

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Darren Wong

darrenw@tradingmarkets.com


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