Dow Holds Above 11,000
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Dow bounces back from early selling to close above 11,000 for two days in
a row; Nas up fractionally while S&P down fractionally.
Alcoa
(
AA |
Quote |
Chart |
News |
PowerRating) kicks off the season with weaker than expected earnings, citing
strikes and restructuring costs. AA was down as low as 7% during intraday,
rebounding to close down only 1%. AA’s face=Arial color=#000000 size=2>
(color=#ff0000>P
Gold closed fractionally lower lower after Monday’s 25 year closing high.
Crude oil closes slightly lower; oil and energy both performed well today as
news of Iran’s resumption of
nuclear research cited
as major concerns.
Apple Computer
(
AAPL |
Quote |
Chart |
News |
PowerRating) closes at a new high, 80.86. Today in San
Francisco CEO Steve Jobs reported that revenue for Dec. quarter reached beyond
expectations; unveils new PC with Intel processing chip. AAPL’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Phelps Dodge Cp
(
PD |
Quote |
Chart |
News |
PowerRating) closes down 5% after
lowering quarterly outlook. PD’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
Home Depot
(
HD |
Quote |
Chart |
News |
PowerRating) To Acquire Hughes
Supply For $3.47 Bln; Expects Deal To Be Accretive To First Year EPS. HD’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
Red Robin
(
RRGB |
Quote |
Chart |
News |
PowerRating) Cuts Q4 & FY05 EPS,
Revenue Guidance Below Analysts’ Forecast On Lower-than-expected Same Store
Sales And Higher Operating Expenses. RRGB’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
Guidant
(
GDT |
Quote |
Chart |
News |
PowerRating) Raises Q4 Sales Forecast;
Co. Receives Follow-up Letter From FDA. GDT’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
Another Blowout Quarter Expected From Genentech
(
DNA |
Quote |
Chart |
News |
PowerRating) On Blockbuster Drugs Sales. DNA’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
NASDAQ
(
NDAQ |
Quote |
Chart |
News |
PowerRating) To Acquire
Shareholder.com; Terms Not Disclosed (full
story).
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For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
width=”26%” height=14>Dow
align=middle width=”41%” height=14>-0.32
align=middle width=”48%” height=14>11,011.58
width=”26%” height=16>NASDAQ
align=middle width=”41%” height=16>+1.63
align=middle width=”48%” height=16>2,320.32
width=”26%” height=16>S&P 500
align=middle width=”41%” height=16>-0.46
align=middle width=”48%” height=16>1,289.69
width=”26%” height=16>
align=middle width=”41%” height=16> size=2>NYSE
align=middle width=”48%” height=16> size=2>NASDAQ
width=”26%” height=14>Volume
align=middle width=”41%” height=14>2,329,824,000
align=middle width=”48%” height=14>1,977,494,000
width=”26%” height=16>Advances
align=middle width=”41%” height=16>1840
align=middle width=”48%” height=16>1709
width=”26%” height=16>Declines
align=middle width=”41%” height=16>1525
align=middle width=”48%” height=16>1330
width=”26%” height=16>Up Volume
align=middle width=”41%” height=16>1060
align=middle width=”48%” height=16>966
width=”26%” height=16>Down Volume
align=middle width=”41%” height=16>1085
align=middle width=”48%” height=16>916
width=”26%” height=16>New Hi’s
align=middle width=”41%” height=16>257
align=middle width=”48%” height=16>178
width=”26%” height=16>New Lo’s
align=middle width=”41%” height=16>18
align=middle width=”48%” height=16>27
Strongest
Sectors
Weakest
Sectors
(
OSX |
Quote |
Chart |
News |
PowerRating)
(
RXH |
Quote |
Chart |
News |
PowerRating)
(
DDX |
Quote |
Chart |
News |
PowerRating)
(
XAL |
Quote |
Chart |
News |
PowerRating)
(
HWI |
Quote |
Chart |
News |
PowerRating)
(
DRG |
Quote |
Chart |
News |
PowerRating)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Wholesale Inventories Rise Slightly Less Than Expected (full
story).
Canadian Housing Starts Rose 1.2% In December (full
story).
Helvetica>
John Patrick LeeHelvetica>
johnl@tradingmarkets.com
face=Arial color=#000000 size=2>