Downgrades On Apple Prompt Selloff In Tech
Dow and S&P close fractionally lower, while Nasdaq
drops nearly 1%. Crude oil futures close lower by nearly 3% to $61.03.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move
Harrah’s Gets $15 Bln Takeover Bid From Apollo
Management, Texas Pacific (full
story). HET shares soar by over 14%.
Gilead To Buy Myogen For $2.5 Bln; Sees
Deal To Be Earnings Accretive In 2010 And Beyond (full
story). GILD shares fall over 6%, while MYOG shares rise by 47%.
GlaxoSmithKline Reveals FDA Priority Review
Status For Arixtra Cardiac Drug (full
story). GSK shares rise by over 2%.Â
Pacific Sunwear Of California Names Kasaks
Interim CEO; Backs Q3 EPS Forecast; Sep. Same-store Sales Fall 2.4% (full
story). PSUN shares rise by nearly 7%.
Goodrich Petroleum Increases FY06 CAPEX; Q3
Production Growth Slows (full
story). GDP shares close lower by nearly 6.5%.
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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-8.72
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11,670.35
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NASDAQ
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-20.83
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-2,237.60
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S&P 500
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-4.53
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1,331.32
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size=2>NYSE
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size=2>NASDAQ
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Volume
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2,067,376,000
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1,742,290,000
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Advances
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1524
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1021
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Declines
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1733
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2001
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Up Volume
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776
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504
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Down Volume
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1097
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1087
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New Hi’s
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124
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93
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New Lo’s
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23
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66
Strongest
Sectors
Weakest
Sectors
Amex Gold Bugs Index (HUI)
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Economic
News
Manufacturing Sector Growth Slows In September (full
story).
Construction Spending Sees Modest Increase In August
(full
story).
ISM For Sept. 52.9
Construction
Spending For Sept. Up 0.3%
Pending Home Sales
Index For August Up 4.3%
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Darren Wong
darrenw@tradingmarkets.com
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popular trading tool to find out how your stocks will move in the next 5
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