Markets Close The Week Red


Markets close the week
in the red as investor sentiment continues to be controlled by inflationary
fears.

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

closed up 1% after being upgraded at KeyBanc.

Expedia
(
EXPE |
Quote |
Chart |
News |
PowerRating)

closed down 26% after missing earnings this morning.

Despite an oil pipeline explosion in Nigeria, crude
oil futures closed down $1.06 at $72.04.

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

Time Warner
(
TWX |
Quote |
Chart |
News |
PowerRating)

Power Rating

Buys Remaining 50% Stake In Court TV From Liberty Media For $735 Mln (full
story
).

Duke Energy
(
DUK |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Sell Commercial Marketing And Trading Business, Says Exit Not Expected To
Have Material Impact On Ongoing Earnings (full
story
).

Federated Investors
(
FII |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Buy MDT Advisers For Up To $240 Mln; Deal To Close In July (full
story
).

DRS Technologies
(
DRS |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q4 Profit Surges On 79% Top Line Growth; Boosts FY07 EPS Outlook, Reiterates
FY07 Revenue Forecast (full
story
).

Arctic Cat
(
ACAT |
Quote |
Chart |
News |
PowerRating)

Swings To A Loss In Q4, Sees Q1 And FY07 Earnings Below Wall Street Expectations
(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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-119.74

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11,380.99

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NASDAQ

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-28.92

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2,243.78

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S&P 500

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-14.70

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1,291.22

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,523,295,000

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2,289,088,000

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Advances

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663

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778

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Declines

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2584

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2253

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Up Volume

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406

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397

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Down Volume

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1859

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1715

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New Hi’s

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35

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72

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New Lo’s

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194

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128

Sectors

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Strongest
Sectors


Weakest
Sectors

Nasdaq Financial
(
IXF |
Quote |
Chart |
News |
PowerRating)
Nasdaq Combined Finance
(
OFINX |
Quote |
Chart |
News |
PowerRating)
GSTI Multimedia
(
GIP |
Quote |
Chart |
News |
PowerRating)
Oil
(
OIX |
Quote |
Chart |
News |
PowerRating)
S&P Insurance
(
IUX |
Quote |
Chart |
News |
PowerRating)
Oil
(
XOI |
Quote |
Chart |
News |
PowerRating)
Helvetica>

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




Import Prices Rise Much More Than Expected In April (full
story
).


Trade Deficit Unexpectedly Narrows In March (full
story
).



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John Patrick Lee


johnl@tradingmarkets.com



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