Markets Finish the Day Mixed
The U.S. stock markets have turned mixed
over the course of the trading day on Friday, with the Nasdaq climbing back into
positive territory while the Dow and the S&P 500 have remained in negative
territory after turning lower earlier in the session.
With colder weather across much of the
northeast U.S. generating some buying interest, the price of oil showed a strong
upward move on Friday. Crude for March delivery closed up $1.19 at $55.42 a
barrel after ending the previous session down more than $1 a barrel.
The price of gold saw some weakness during
trading on Friday, with strength in the value of the U.S. dollar generating some
negative sentiment. Gold for February delivery eventually ended the session down
$3.30 at $644.70 an ounce.
Stocks on the Move
Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating) Q2 Earnings Fall, Yet
Top Estimates; Lifts FY07 Earnings Outlook (full
story). MSFT shares gain 0.5%.
Halliburton
(
HAL |
Quote |
Chart |
News |
PowerRating) Q4 Profit Declines
Despite Higher Revenues (full
story). HAL shares lose 2%.
General Motors
(
GM |
Quote |
Chart |
News |
PowerRating) Q4 Results To Be
Delayed; To Restate Results For 2002 Through Q3 FY06 (full
story). GM shares fall by 0.6%.
Amgen
(
AMGN |
Quote |
Chart |
News |
PowerRating) Q4 Profit Up, Revenue Up
17%, EPS Misses Consensus; Shares Fall (full
story). AMGN shares drop 4.5%.
Caterpillar
(
CAT |
Quote |
Chart |
News |
PowerRating) Q4 Net Income
Increases; Misses Consensus; Revenues Up 14%; Guides FY07 (full
story). CAT shares rise 2.4%.
Fortune Brands
(
FO |
Quote |
Chart |
News |
PowerRating) Q4 Profit Rises, EPS
Tops Street Consensus, Guides Q1, FY07 (full
story). FO shares lose 2.3%.
Honeywell
(
HON |
Quote |
Chart |
News |
PowerRating) Q4 Profit Up 14%, EPS
From Cont. Ops Matches Street View; Backs FY07 Forecast (full
story). HON shares close fractionally lower.
For more stories as they happen, go to our
Breaking News section.
Market Snapshot
|
Dow | -15.54 | 12,487.02 |
| NASDAQ | +1.25 | 2,435.49 |
|
S&P 500 | -1.72 | 1,422.18 |
|
NYSE |
| |
|
Volume | 2,541,124,000 | 2,005,810,000 |
|
| 1909 | 1755 |
|
Declines | 1329 | 1244 |
|
Up Volume | 1289 | 954 |
|
Down Volume | 1052 | 895 |
|
New Highs | 131 | 92 |
|
| 27 | 51 |
Strongest/Weakest Sectors
| Strongest Sectors | Weakest Sectors |
|
GSTI Semiconductor Index | GSTI Hardware Index (GHA) |
Nasdaq Other Finance Index (OFIN) | Computer Hardware Index (HWI) |
Amex Networking Index (NWX) | Nasdaq Transportation Index (TRANX) |
Economic News
New Home Sales 1120K vs 1050K consensus, prior 1047K
Durable Orders +3.1% vs +3.5% consensus, prior +1.6
Darren Wong
darrenw@tradingmarkets.com
P.S.
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