Major Averages Post Minor Gains


The major indices
squeak through the day in green; markets see-sawed throughout the day.

General Motors
(
GM |
Quote |
Chart |
News |
PowerRating)

closed up over 8% after being upgraded to buy from neutral at Merrill Lynch.

Crude oil futures closed the day down over 2%.

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

Williams-Sonoma
(
WSM |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 Adj. EPS Rises; Revises Down Q2 EPS Outlook (full
story
).

Payless ShoeSource
(
PSS |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 Profit Rises 19%, Tops Expectations; Acquires American Eagle Brand Of Shoes
And Accessories From Jimlar (full
story
).

Sara Lee
(
SLE |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Divest Its Branded Apparel, Americas/Asia Business As Hanesbrands (full
story
).

Eaton Vance
(
EV |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q2 Profit Rises 23% On Higher Interest Income, Revenues (full
story
).

Dollar Tree
(
DLTR |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 EPS Tops By A Penny ; Sees Q2 EPS Below Consensus ; Lifts FY06 Outlook (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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+18.97

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11,117.32

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NASDAQ

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+10.41

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2,619.17

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width=”26%” height=16>

S&P 500

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+1.99

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1,258.56

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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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Volume

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3,030,434,000

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2,489,003,000

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width=”26%” height=16>

Advances

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1407

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1452

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width=”26%” height=16>

Declines

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1855

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1585

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width=”26%” height=16>

Up Volume

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1204

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align=middle width=”48%” height=16>

1404

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width=”26%” height=16>

Down Volume

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1584

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align=middle width=”48%” height=16>

969

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width=”26%” height=16>

New Hi’s

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18

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47

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New Lo’s

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217

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159

Sectors

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Strongest
Sectors


Weakest
Sectors

GSTI Composite
(
GTC |
Quote |
Chart |
News |
PowerRating)
Nasdaq Combined Finance
(
OFINX |
Quote |
Chart |
News |
PowerRating)
Interactive Week
(
IIX |
Quote |
Chart |
News |
PowerRating)
Morgan Stanley Health Provider
(
RXH |
Quote |
Chart |
News |
PowerRating)
GSTI Semiconductor
(
GSM |
Quote |
Chart |
News |
PowerRating)
Networking
(
NWX |
Quote |
Chart |
News |
PowerRating)
Helvetica>

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





Helvetica>


Crude Oil Inventories Drop (full
story
).



New Home Sales Come In Above Expectations In April (full
story
).



Durable Goods Orders Fall Much More Than Expected (full
story
).




John Patrick Lee


johnl@tradingmarkets.com



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