Fed Raises Rates and Oil Inventories Rise


S&P and Nas close red
while Dow holds flat; Fed raises rates again and leaves the door open for future
hikes.

Cisco Systems
(
CSCO |
Quote |
Chart |
News |
PowerRating)

closed down over 4% after meeting earnings but guiding lower.

DaimlerChrysler
(
DCX |
Quote |
Chart |
News |
PowerRating)

closed up 1.7% after being upgraded by Deutsche Bank.

Crude oil futures closed up $1.38 at $72.13, despite
an increase in crude inventories.

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

Whirlpool
(
WHR |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Close Plants, Offices To Make Maytag Brands Competitive; To Cut 4500 Jobs (full
story
).

Cisco’s
(
CSCO |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q3 Earnings Reveal Margin Pressure (full
story
).

Teva
(
TEVA |
Quote |
Chart |
News |
PowerRating)

Power Rating

Slips To Loss In Q1 On Acquisition Charges; Adj. EPS Misses Estimate; Top Line
Up 28% On Pharmaceutical Sales (full
story
).

Human Genome
(
HGSI |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 Loss Widens On Rise In Expenses (full
story
).

Legg Mason
(
LM |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q4 Profit Up 28% As Revenue More Than Doubles; Stock Slips (full
story
).

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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align=middle width=”41%” height=14>

+2.88

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11,642.65

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NASDAQ

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-17.51

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2,320.74

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width=”26%” height=16>

S&P 500

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align=middle width=”41%” height=16>

-2.32

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align=middle width=”48%” height=16>

1,322.82

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width=”26%” height=16>

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size=2>NYSE

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size=2>NASDAQ

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width=”26%” height=14>

Volume

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2,264,599,000

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align=middle width=”48%” height=14>

2,013,019,000

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width=”26%” height=16>

Advances

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align=middle width=”41%” height=16>

1377

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align=middle width=”48%” height=16>

1081

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width=”26%” height=16>

Declines

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align=middle width=”41%” height=16>

1863

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align=middle width=”48%” height=16>

1980

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width=”26%” height=16>

Up Volume

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align=middle width=”41%” height=16>

886

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align=middle width=”48%” height=16>

509

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width=”26%” height=16>

Down Volume

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align=middle width=”41%” height=16>

1159

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align=middle width=”48%” height=16>

1282

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width=”26%” height=16>

New Hi’s

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align=middle width=”41%” height=16>

214

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align=middle width=”48%” height=16>

184

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width=”26%” height=16>

New Lo’s

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100

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align=middle width=”48%” height=16>

68

Sectors

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Strongest
Sectors


Weakest
Sectors

Utilities
(
UTY |
Quote |
Chart |
News |
PowerRating)
GSTI Composite
(
GTC |
Quote |
Chart |
News |
PowerRating)
Amex Gold Bugs
(
HUI |
Quote |
Chart |
News |
PowerRating)
Csfb Technology
(
CTN |
Quote |
Chart |
News |
PowerRating)
S&P Banks
(
BIX |
Quote |
Chart |
News |
PowerRating)
Networking
(
NWX |
Quote |
Chart |
News |
PowerRating)
Helvetica>

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




Fed Raises Rates Again, Says Further Rate Increases
Depend On Economic Data (full
story
).



Helvetica>


Oil Inventories Tick Up (full
story
).




John Patrick Lee


johnl@tradingmarkets.com



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