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
(
MSFT |
Quote |
Chart |
News |
PowerRating)

closed down 11% after lowering outlook expectations.

Citigroup
(
C |
Quote |
Chart |
News |
PowerRating)

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 |
Quote |
Chart |
News |
PowerRating)

Power Rating

Turns To Profit In Q2, Revenues Up 3%, Guides Q3, Hikes Bottom End Of FY06 EPS
Forecast (full
story
).

Automatic Data Processing
(
ADP |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q3 Profit Up 9.5%; Confident Of Pulling Off High-end Of FY06 Outlook (full
story
).

Microsoft’s
(
MSFT |
Quote |
Chart |
News |
PowerRating)

Power Rating

Soft Quarter; Outlook Trails Estimate (full
story
).

Archer-Daniels
(
ADM |
Quote |
Chart |
News |
PowerRating)

Power Rating

Chooses Chevron-veteran Patricia Woertz As CEO (full
story
).

Coventry Health Care
(
CVH |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 EPS Edges Up; Revenue Climbs 23.9%; Backs FY06 EPS, Revenue Outlook (full
story
).

Chevron
(
CVX |
Quote |
Chart |
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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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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width=”26%” height=16>

Advances

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1921

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1499

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width=”26%” height=16>

Declines

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1317

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1514

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width=”26%” height=16>

Up Volume

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1228

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597

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width=”26%” height=16>

Down Volume

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862

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1635

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width=”26%” height=16>

New Hi’s

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168

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165

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New Lo’s

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96

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49

Sectors

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Strongest
Sectors


Weakest
Sectors

Combined Insurance
(
INSRX |
Quote |
Chart |
News |
PowerRating)
Morgan Stanley High Tech
(
MSH |
Quote |
Chart |
News |
PowerRating)
Oil
(
XOI |
Quote |
Chart |
News |
PowerRating)
GSTI Services
(
GSV |
Quote |
Chart |
News |
PowerRating)
Deutsche Bank Energy
(
DXE |
Quote |
Chart |
News |
PowerRating)
GSTI Multimedia
(
GIP |
Quote |
Chart |
News |
PowerRating)
Helvetica>

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. 
Check them
here
.




John Patrick Lee


johnl@tradingmarkets.com



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