Micron Puts Jump; Stocks Mixed
A downgrade of Micron is weighing on the semiconductor sector Wednesday, and
that has helped pull the Nasdaq down 1.5%. The Dow, however, is higher on a
surge in J.P. Morgan on news of a possible buyout.
At mid-day, the VIX is up .79 to 22.16.
The OEX September 820 calls are down 2 1/2 to 12.
Among bigger movers on heavier-than-average volume:
PowerRating) is bucking the downward drift in technology with a 3 5/8
gain to 63. The Qualcomm September 60 calls have risen 1 3/4 to 4 on triple the
B2Bs are giving back some of the past few days’ gains, with Commerce One
easing 3 7/8 to 65 3/8. The Commerce One September 70 calls have fallen 2 to 2
3/8 on nearly 3000 contracts.