Slide Continues On Inflationary Concerns

Nasdaq down nearly 1%, Dow and S&P lower by 0.3%.  Crude oil futures
close lower by nearly 2% to $60.52.

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

Hewlett-Packard CEO Mark Hurd To Appear Before
House Panel Probing Into Boardroom Leak (full
story
).  HPQ shares finish higher by 0.7%.

Boeing Wins Contract From U.S. Department Of
Homeland Security (full
story
).  BA shares close higher by 1.5%.

AT&T To Add About 2,000 Previously Outsourced
Technical Support Jobs To Its Payroll (full
story
).  T shares traded to a 52-week high in today’s session up nearly
2%.

Boston Scientific (BSX) Shares Plunge 9%
After Announcing Lower Than Projected Earnings Due To Slowdown In Cardiac Rhythm
Management and Drug-Eluding Stent Markets.

Nike Q1 Earnings Fall, Top Estimates (full
story
).  NKE shares rise 4.7% in today’s trading.

For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News
section.



Market Snapshot

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Dow

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-24.49

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align=middle width=”34%” height=18>

11,508.74

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width=”33%” height=16>

NASDAQ

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-18.82

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align=middle width=”34%” height=16>

2,218.93

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width=”33%” height=17>

S&P 500

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align=middle width=”33%” height=17>
-3.22
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align=middle width=”34%” height=17>
1,314.81
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width=”33%” height=17>

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size=2>NYSE

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size=2>NASDAQ

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width=”33%” height=17>

Volume

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2,168,366,000

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align=middle width=”34%” height=17>

1,616,446,000

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width=”33%” height=16>

Advances

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1210

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align=middle width=”34%” height=16>

891

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width=”33%” height=17>

Declines

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align=middle width=”33%” height=17>

2045

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align=middle width=”34%” height=17>

2109

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width=”33%” height=17>

Up Volume

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align=middle width=”33%” height=17>

706

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align=middle width=”34%” height=17>

356

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width=”33%” height=17>

Down Volume

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align=middle width=”33%” height=17>

1213

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align=middle width=”34%” height=17>

1111

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width=”33%” height=17>

New Hi’s

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align=middle width=”33%” height=17>

71

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align=middle width=”34%” height=17>

45

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width=”33%” height=17>

New Lo’s

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51

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align=middle width=”34%” height=17>

70



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

Amex Securities
Broker/Dealer Index (XBD)

Amex Natural Gas Index (XNG)
Amex Gold Bugs Index (HUI) Amex Disk Drive Index (DDX)
Dow Jones Equity REIT (DJR) Nasdaq Transportation Index (TRANX)

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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