Dow Hits Record High
Markets shrug off rise in crude. Crude oil futures
trade higher by 1.8% to $62.48.
From a
quick glance at our new PowerRatings
Heat Maps*,
we are seeing potential weakness in the Drug and Health Services sectors, whilst
no particular sector seems to offer great upside potential. Overall we are
seeing potential strength in very few stocks.
Lehman Brothers
(
LEH |
Quote |
Chart |
News |
PowerRating) Q4 Profit Up 22%, EPS Tops Consensus; Shares
Down (full
story). LEH shares close lower by 0.4%.
Strong Revenue Growth Lifts Bear Stearns
(
BSC |
Quote |
Chart |
News |
PowerRating) Q4 Profit Up 38%; EPS
Tops Consensus; Declares Cash Dividend (full
story). BSC shares rise by 2.6%.
Costco
(
COST |
Quote |
Chart |
News |
PowerRating) Q1 Profit Rises 10% On Sales Growth; To Record $45 Mln
Stock Option Charges In Q2 (full
story). COST shares rise by 1.8%.
Ciena
(
CIEN |
Quote |
Chart |
News |
PowerRating) Posts Profit In Q4; Adj. EPS Exceeds Street View; Sees
Low Single-digit Sequential Revenue Growth In Q1 (full
story). CIEN shares jump 11.5%.
Procter & Gamble
(
PG |
Quote |
Chart |
News |
PowerRating) Backs Q2 EPS Outlook In Line Or Below Street
View (full
story). PG shares finish fractionally lower.
For more stories as they happen, go to our Breaking News section.
|
Dow | +99.02 | 12,416.76 |
| Nasdaq | +21.44 | 2,453.85 |
|
S&P 500 | +12.27 | 1,425.49 |
|
NYSE |
| |
|
Volume | 2,623,913,000 | 1,854,391,000 |
|
Advances | 2183 | 1893 |
|
Declines | 1111 | 1161 |
|
Up Volume | 1892 | 1362 |
|
Down Volume | 448 | 346 |
|
New Highs | 353 | 158 |
|
New Lows | 17 | 37 |
| Strongest Sectors | Weakest Sectors |
|
GSTI Multimedia Networking (GIP) | Morgan Stanley Healthcare Providers Index (RXH) |
Amex Networking Index (NWX) | Amex Airline Index (XAL) |
S&P Retail Index (RLX) | Morgan Stanley Healthcare Payors Index (HMO) |
Natural Gas Inventory fell 168 bcf to 3238 bcf
Export Prices ex- ag +0.1%; Prior -0.5%
Export Prices ex- ag +0.1%; Prior -0.5%
Initial Claims 304K vs 320K consensus
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.Â