Fed Keeps Rates Steady
Nasdaq leads indices to the downside. Crude oil
futures closed fractionally lower to $61.02.
Goldman Sachs
(
GS |
Quote |
Chart |
News |
PowerRating) Q4 Profit Up 93%, EPS Tops Consensus, Revenue Up
47% (full
story). GS shares fall by 1%.
Sabre Holdings
(
TSG |
Quote |
Chart |
News |
PowerRating) To
Be Acquired By Silver Lake Partners, Texas Pacific Group For $5 Bln; Stock Up (full
story). TSG shares rose 5%.
Merck
(
MRK |
Quote |
Chart |
News |
PowerRating) Reveals New
Strategy To Enhance Growth; Reaffirms FY06, FY07 Outlook (full
story). MRK shares trade lower by nearly 1%.
Epix Pharma
(
EPIX |
Quote |
Chart |
News |
PowerRating) Plans To End 2006 With More Than $100 Mln In Cash And Marketable
Securities (full
story). EPIX shares soar by 29%.
Dollar General
(
DG |
Quote |
Chart |
News |
PowerRating)
Slips To Loss In Q3 On Charges; Net Sales Rise, But Miss Street View; Comp. Up
2% (full
story). DG shares rise by 1%.
Best Buy
(
BBY |
Quote |
Chart |
News |
PowerRating) Q3
Profit Rises Nearly 9% On Revenue Growth; EPS Misses Estimate; Backs FY07
Outlook (full
story). BBY shares drop nearly 5%.
For more stories as they happen, go to our Breaking News section.
|
Dow | -12.90 | 12,315.58 |
| Nasdaq | -11.26 | 2,431.60 |
|
S&P 500 | -1.48 | 1,411.56 |
|
NYSE |
| |
|
Volume | 2,638,084,000 | 1,900,533,000 |
|
Advances | 1406 | 1120 |
|
Declines | 1862 | 1919 |
|
Up Volume | 830 | 511 |
|
Down Volume | 1543 | 1263 |
|
New Highs | 267 | 110 |
|
New Lows | 23 | 47 |
| Strongest Sectors | Weakest Sectors |
|
North American Telecommunications Index (XTC) | Amex Airline Index (XAL) |
S&P Banking Index (BIX) | PHLX Gold and Silver Sector Index (XAU) |
S&P Insurance Index (IUX) | Computer Hardware Index (HWI) |
FOMC leaves rates unchanged at 5.25% as expected
Fed says despite recent
mixed indicators, economy likely to expand at moderate place
Treasury
Budget -$75.6 bln vs -$73.0 bln consensus
Trade Balance -$58.9 bln vs -$63.0 bln 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.