Dow Gives Up Early Triple Digit Gain


Strong earnings from Time
Warner and Proctor & Gamble spark buying; major indices hold onto 0.5% gain.

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

Procter & Gamble
(
PG |
Quote |
Chart |
News |
PowerRating)

Q4 Earnings Up 36%; Sales Rise 25%; Guides Q1, FY07 (full
story
).  PG shares finishes the day up over 4%.

Time Warner
(
TWX |
Quote |
Chart |
News |
PowerRating)

Returns To Profit In Q2; Announces New AOL Business Strategy (full
story
).  TWX shares trade higher by nearly 3%.

General Motors
(
GM |
Quote |
Chart |
News |
PowerRating)

Revises Q2 Net Loss Wider Over Pending GMAC Sale (full
story
).  GM shares close up nearly 1%.

Electronic Arts
(
ERTS |
Quote |
Chart |
News |
PowerRating)

Q1 Non-GAAP Loss Narrows, Stock Rallies (full
story
).  ERTS shares jump over 7%.

MasterCard
(
MA |
Quote |
Chart |
News |
PowerRating)

Posts Loss In Q2 (full
story
).  MA shares trades up over 11%.

Blue Nile Inc. Is
Rising On Better Than Expected Q2 Results (full
story
).  NILE shares surge up over 32%.

Crude oil futures trade higher by 1.3% to $76.15.

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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+71.08
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11,196.81

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NASDAQ

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+16.85

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2,078.84

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S&P 500

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+6.82

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1,277.74

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,541,606,000

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1,706,842,000

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Advances

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2175

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1798

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Declines

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1076

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1193

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Up Volume

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1542

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1001

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Down Volume

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760

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502

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width=”26%” height=16>

New Hi’s

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136

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85

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New Lo’s

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46

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85

Sectors

Strongest Sectors

S&P Chemical Index (CEX)

Morgan Stanley Health Provider Index (RXH)

North American Telecoms Index (XTC)

Weakest Sectors

Oil Index (OIX)

Disk Drive Index (DDX)

Internet Index CBOE (INX)

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

Oil, Gasoline Inventories Decline (full
story
).


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Darren Wong

darrenw@tradingmarkets.com


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