Markets Close The Week Flat


Markets squeeze by the week
in green; interest rate hikes loom.

New housing sales fell over 10%, to the lowest levels
since 2003.

Crude oil futures were trading higher, up about .75%

Google
(
GOOG |
Quote |
Chart |
News |
PowerRating)

stock rose as much as 8% after being added to the S&P 500.  GOOG’s status
as a member begins after March 31.

Lucent
(
LU |
Quote |
Chart |
News |
PowerRating)

advanced in merger talks with Alcatel
(
ALA |
Quote |
Chart |
News |
PowerRating)
. 
LU jumped 9% and ALA jumped almost 2%.

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

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

Power Rating

Announces Sale Of Majority Stake In Mortgage Unit (full
story
).

FDA Panel Recommends Against Approval Of
Cephalon’s
(
CEPH |
Quote |
Chart |
News |
PowerRating)

Power Rating

ADHD Drug SPARLON; Co. Cuts FY06 Sales Guidance (full
story
).

Palm
(
PALM |
Quote |
Chart |
News |
PowerRating)

Power Rating

Earnings Rise, Top Estimates; Guides Q4 Above Consensus (full
story
).

Solectron
(
SLR |
Quote |
Chart |
News |
PowerRating)

Power Rating

Swings To Profit In Q2 On Lower Costs; Non – GAAP EPS Matches Estimate; Sees Q3
EPS In $0.03 – $0.05 Range (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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+9.60

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11,279.89

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NASDAQ

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+12.67

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2,312.82

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S&P 500

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+1.27

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1,302.94

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,284,646,000

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1,888,412,000

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Advances

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1928

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1842

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Declines

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1277

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1154

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Up Volume

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1542

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1151

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Down Volume

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517

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589

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width=”26%” height=16>

New Hi’s

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162

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179

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New Lo’s

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24

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25

Sectors

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Strongest
Sectors


Weakest
Sectors

Amex Gold Bugs
(
HUI |
Quote |
Chart |
News |
PowerRating)
S&P Retail
(
RLX |
Quote |
Chart |
News |
PowerRating)
Gold and Silver
(
XAU |
Quote |
Chart |
News |
PowerRating)
S&P Chemical
(
CEX |
Quote |
Chart |
News |
PowerRating)
Networking
(
NWX |
Quote |
Chart |
News |
PowerRating)
GSTI Services
(
GSV |
Quote |
Chart |
News |
PowerRating)
Helvetica>

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



New Home Sales Fall More Than Expected In February (full
story
).



Durable Goods Orders Rebound More Than Expected In February (full
story
).




John Patrick Lee


johnl@tradingmarkets.com



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