Global Selloff Hurts The Major Markets
Markets seesaw through the
day; late-afternoon sell-off leaves the major indices steeped in red.
Despite posting strong quarterly results,
Goldman Sachs
(
GS |
Quote |
Chart |
News |
PowerRating) closed down 4% for the
day.
Best Buy
(
BBY |
Quote |
Chart |
News |
PowerRating)
closed up over 5% after beating analyst earnings forecasts.
Crude oil futures traded lower throughout the session
and closed down over 2%.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Best Buy
(
BBY |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q1 Earnings Rise 38%, Tops Estimate; Reiterates FY07 EPS Forecast, Shares Rise (full
story).
Mittal
(
MT |
Quote |
Chart |
News |
PowerRating)
Power Rating
Sees 26% Growth In 2006 EBITDA; Business Plan For Next 3 Years Assumes 26000 Job
Cuts, 6% Reduction In Energy Consumption (full
story).
FDA Accepts Pharmion’s
(
PHRM |
Quote |
Chart |
News |
PowerRating)
Power Rating
NDA Supplement For Vidaza To Add IV Administration Instructions (full
story).
Steven Moore Joins Adept
(
ADEP |
Quote |
Chart |
News |
PowerRating)
Power Rating
Technology As Finance Chief (full
story).
Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)
Power Rating
Says Data Reveal JANUVIA Is Non-inferior To Glipizide In Reducing Blood Sugar
Levels In Type 2 Diabetics (full
story).
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>
-87.65
align=middle width=”48%” height=14>
10,704.93
width=”26%” height=16>
NASDAQ
align=middle width=”41%” height=16>
-18.85
align=middle width=”48%” height=16>
2,072.47
width=”26%” height=16>
S&P 500
align=middle width=”41%” height=16>
-12.75
align=middle width=”48%” height=16>
1,223.65
width=”26%” height=16>
align=middle width=”41%” height=16>
size=2>NYSE
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size=2>NASDAQ
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Volume
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3,149,768,000
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2,492,878,000
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Advances
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1018
align=middle width=”48%” height=16>
999
width=”26%” height=16>
Declines
align=middle width=”41%” height=16>
2263
align=middle width=”48%” height=16>
2089
width=”26%” height=16>
Up Volume
align=middle width=”41%” height=16>
690
align=middle width=”48%” height=16>
842
width=”26%” height=16>
Down Volume
align=middle width=”41%” height=16>
2146
align=middle width=”48%” height=16>
1458
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
16
align=middle width=”48%” height=16>
43
width=”26%” height=16>
New Lo’s
align=middle width=”41%” height=16>
283
align=middle width=”48%” height=16>
270
Sectors
Strongest
Sectors
Weakest
Sectors
(
GTC |
Quote |
Chart |
News |
PowerRating)
(
ECM |
Quote |
Chart |
News |
PowerRating)
Interactive Week
(
IIX |
Quote |
Chart |
News |
PowerRating)
(
BKX |
Quote |
Chart |
News |
PowerRating)
(
SOX |
Quote |
Chart |
News |
PowerRating)
(
DDX |
Quote |
Chart |
News |
PowerRating)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Business Inventories Rise Less Than Expected In April
(full
story).
Retail Sales Edge Slightly Higher In May (full
story).
Wholesale Prices Rise Less Than Expected In May (full
story).
Helvetica>
John Patrick Lee
johnl@tradingmarkets.com
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