Markets Pushed Lower By AMD And Dell Earnings
Markets taken down by tech
earnings from Dell and AMD; Nasdaq down 1%, while Dow and S&P lose 0.5% each.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Dell
(
DELL |
Quote |
Chart |
News |
PowerRating)
Sees Q2 EPS, Revenue Below Consensus (full
story). DELL shares move sharply lower closing down nearly 10%.
Advanced Micro Devices
(
AMD |
Quote |
Chart |
News |
PowerRating) Reports Higher Q2 Profit, Revenue Declines; Expects Demand To Be
“Seasonally Strong” In Second Half Of The Year (full
story). AMD shares closed down over 15%.
Google
(
GOOG |
Quote |
Chart |
News |
PowerRating)
Q2 Profit More Than Doubles (full
story). GOOG shares traded fractionally higher up .75%.
Schlumberger
(
SLB |
Quote |
Chart |
News |
PowerRating)
Q2 Profit Surges 78% On Higher Segmental, Geographical Revenues; Adj. EPS From
Cont. Opns. Up 90%, Tops Estimates (full
story). SLB unchanged on the day.
Halliburton
(
HAL |
Quote |
Chart |
News |
PowerRating)
Posts Higher Q2 Profit (full
story). HAL shares moved lower by over 8%.
Caterpillar
(
CAT |
Quote |
Chart |
News |
PowerRating)
Q2 Profit Up 41%; Raises FY06 Outlook (full
story). CAT shares closed down over 1%.
RadioShack
(
RSH |
Quote |
Chart |
News |
PowerRating)
Falls To Loss In Q2 (full
story). RSH closes lower by over 3%.
Amgen
(
AMGN |
Quote |
Chart |
News |
PowerRating)
Reports 19% Rise In Q2 Adjusted EPS, Led By 14% Rise In Revenues; Tops Estimate
(full
story). AMGN shares moved up over 3.5%.
Arch Coal
(
ACI |
Quote |
Chart |
News |
PowerRating)
Posts Q2 EPS Of $0.48 Vs. $0.01 Last Year; Backs FY06 EPS Forecast (full
story). ACI traded down 6.5%.
Crude oil futures moved higher by 0.4% at $74.45.
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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-59.72
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10,868.38
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NASDAQ
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-19.03
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2,020.39
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S&P 500
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-8.84
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1,240.29
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size=2>NYSE
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size=2>NASDAQ
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Volume
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2,695,824,000
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2,317,541,000
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Advances
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1117
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796
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Declines
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2116
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2192
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Up Volume
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543
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466
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Down Volume
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1881
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1622
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New Hi’s
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43
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31
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New Lo’s
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167
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265
Sectors
Strongest Sectors
GSTI Internet Index (GIN)
Morgan Stanley Health Products (RXP)
GSTI Software Index (GSO)
Weakest Sectors
Computer Hardware Index (HWI)
GSTI Hardware Index (GHA)
Amex Gold Bugs (HUI)
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href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
No economic reports today.
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Darren Wong
darrenw@tradingmarkets.com
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