Nasdaq Slides With Microsoft
Markets close the day
on mixed trading; S&P and Dow close with fractional change, while Nas takes a
fall with MSFT.
Microsoft
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MSFT |
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closed down 11% after lowering outlook expectations.
Citigroup
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C |
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closed up 3% after receiving an upgrade from Piper Jaffray.
Crude oil futures closed the week at $71.79, up 1.16%
for the day.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
ArvinMeritor
(
ARM |
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Power Rating
Turns To Profit In Q2, Revenues Up 3%, Guides Q3, Hikes Bottom End Of FY06 EPS
Forecast (full
story).
Automatic Data Processing
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ADP |
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Power Rating
Q3 Profit Up 9.5%; Confident Of Pulling Off High-end Of FY06 Outlook (full
story).
Microsoft’s
(
MSFT |
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PowerRating)
Power Rating
Soft Quarter; Outlook Trails Estimate (full
story).
Archer-Daniels
(
ADM |
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Power Rating
Chooses Chevron-veteran Patricia Woertz As CEO (full
story).
Coventry Health Care
(
CVH |
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News |
PowerRating)
Power Rating
Q1 EPS Edges Up; Revenue Climbs 23.9%; Backs FY06 EPS, Revenue Outlook (full
story).
Chevron
(
CVX |
Quote |
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News |
PowerRating)
Power Rating
Q1 Earnings Rise 49%, Revenue Tops $50 Bln., Beats Estimates (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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-13.37
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11,369.14
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NASDAQ
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-22.38
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2,322.57
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S&P 500
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+0.9
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1,310.68
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align=middle width=”41%” height=16>
size=2>NYSE
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size=2>NASDAQ
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Volume
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2,382,394,000
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2,482,798,000
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Advances
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1921
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1499
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Declines
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1317
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1514
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Up Volume
align=middle width=”41%” height=16>
1228
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597
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Down Volume
align=middle width=”41%” height=16>
862
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1635
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
168
align=middle width=”48%” height=16>
165
width=”26%” height=16>
New Lo’s
align=middle width=”41%” height=16>
96
align=middle width=”48%” height=16>
49
Sectors
Strongest
Sectors
Weakest
Sectors
(
INSRX |
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(
MSH |
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(
XOI |
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(
GSV |
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(
DXE |
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(
GIP |
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href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
First Quarter GDP Growth Comes Roughly In Line With Estimates (full
story).
A round of foreign economic reports were released
today.Â
Check them
here.
John Patrick Lee
johnl@tradingmarkets.com
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