Dow Inches Up To Another New High

Dow and S&P trade up fractionally, while the Nasdaq
rises 0.7%.  Crude
oil futures close higher at $60.03.

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

Wal-Mart Expects Q3 EPS To Be Within Its
Earlier Outlook, Sept. Comps Rise 1.3%, Guides Oct. Comps. (full
story
).  WMT shares %.

Federated Posts Better-than-expected Sept.
Comp. On Macy’s Brand; Sales Hurt By Divestitures; Sees Oct. Comp. Growth In 5%
– 7% Range (full
story
).  FD shares %.

Ameristar Casinos Boosts Q3 Earnings Outlook;
Stock Gains (full
story
).  ASCA shares rise by

Marriott’s Q3 Profit Hurt By Revenue Decline,
Lower Synthetic Fuel Impact; Guides Q4, FY07; Lifts FY06 Outlook (full
story
).  MAR shares trade to 52-week highs finishing the day up %.

Starbucks Sept. Same-store Sales Rise 6% (full
story
).  SBUX shares jump by over 6% in morning trading.

Apple Says CEO Jobs Was Aware Of Some Options
Backdating; Likely To Restate Prior Results (full
story
).  AAPL shares are trading flat through the morning.

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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+16.08

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11,866.69

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NASDAQ

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+15.39

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2,306.34

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S&P 500

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+3.00
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1,353.22
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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,749,733,000

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1,883,297,000

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Advances

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2173

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2043

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Declines

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1058

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965

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Up Volume

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1498

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1118

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Down Volume

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942

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570

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New Hi’s

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278

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153

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New Lo’s

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16
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51



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

PHLX Gold and Silver Sector (XAU)

AMEX Pharmaceutical (DRG)
Amex Gold Bugs Index (HUI) Amex Airline Index (XAL)
PHLX Oil Services Sector (OSX) CBOE Dow Ten Index (MUT)

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

Fed’s Plosser –
Fed May Indeed Raise Rates Again; Economic Expansion Still On Firm Footing

EIA – Natural Gas
Inventories Up 73 BCF

Initial Jobless
Claims Down 17,000 To 302,000

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Darren Wong

darrenw@tradingmarkets.com


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