Markets Stabilize As Crude Closes Lower

Lower crude prices help to
calm market; selling pressure wanes in major averages.

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

Citigroup
(
C |
Quote |
Chart |
News |
PowerRating)
Q2
Profit Up 4% On Top Line Growth; EPS Misses Estimate (full
story
). C shares finish the day down over 2%.

United Parcel Service

(
UPS |
Quote |
Chart |
News |
PowerRating)
Received A Subpoena (full
story
). Shares of UPS closed fractionally higher by 0.15%.

Amazon.com
(
AMZN |
Quote |
Chart |
News |
PowerRating)

Launches Online Grocery Store (full
story
). AMZN shares close up over 2.5%.

Harley-Davidson
(
HDI |
Quote |
Chart |
News |
PowerRating)
Q2 EPS Rises, Matches Estimate On Top Line Growth; Maintains FY06
Wholesale Shipment Target (full
story
). HDI shares rise nearly 2%.

McDonald’s
(
MCD |
Quote |
Chart |
News |
PowerRating)

June US Systemwide Sales Up 5.9%, Q2 Comparable Sales Increase 5.5% (full
story
). MCD is finishes the day up over 5%.

Eli Lilly
(
LLY |
Quote |
Chart |
News |
PowerRating)

Says FDA Approves Gemzar For Treatment Of Ovarian Cancer (full
story
). LLY shares up fractionally to close up 0.5%.

Commerce Bancorp
(
CBH |
Quote |
Chart |
News |
PowerRating)

Q2 EPS Down 11% (full
story
). CBH shares move up nearly 1%.

Crude oil futures closed lower for the first time in
five trading days. Crude fell by over 2% to close at $75.27.

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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+8.65
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10,748.00

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NASDAQ

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+0.34

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2,037.69

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width=”26%” height=16>

S&P 500

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-1.85

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align=middle width=”48%” height=16>

1,234.35

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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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width=”26%” height=14>

Volume

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2,102,342,000

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align=middle width=”48%” height=14>

1,480,756,000

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width=”26%” height=16>

Advances

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1352

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align=middle width=”48%” height=16>

1163

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width=”26%” height=16>

Declines

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1922

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1857

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width=”26%” height=16>

Up Volume

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align=middle width=”41%” height=16>

760

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align=middle width=”48%” height=16>

780

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width=”26%” height=19>

Down Volume

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align=middle width=”41%” height=19>

1106

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align=middle width=”48%” height=19>

578

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width=”26%” height=16>

New Hi’s

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23

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28

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New Lo’s

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161

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202

Sectors

Strongest Sectors

CBOE Internet Index (INX)

S&P Banks Index (BIX)

Morgan Stanley Health Provider Index (RXH)

Weakest Sectors

Oil Index (OIX)

Natural Gas Index (XNG)

Nasdaq Combined Finance Index (OFIN))

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



Industrial Production Growth Exceeds Estimates In June (full
story
).



Industrial Production Rises 0.8% For
June



Capacity
Utilization Climbs To 82.4% In June



Helvetica>
Darren Wong

darrenw@tradingmarkets.com



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