Stocks Close Red Despite Positive Inflation Numbers


Markets close in the
red for the day, despite a round of economic reports that helped to ease
inflationary concerns.

Home Depot
(
HD |
Quote |
Chart |
News |
PowerRating)

closed down 5% after beating earnings but announcing that the co. would no
longer report same store-sales.

Apple
(
AAPL |
Quote |
Chart |
News |
PowerRating)

closed down 4% after receiving being charged in a copyright infringement
lawsuit.

Crude oil futures closed down fractionally for the
day.

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

Caterpillar
(
CAT |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Buy Progress Rail For $1 Bln, Incl. Debt (full
story
).

American Eagle Outfitters
(
AEOS |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 Profit Rises On Strong Sales Growth, Sees Q2 EPS Above Consensus (full
story
).

Staples
(
SPLS |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 Profit Rises 26% On North American Deliveries; Sees 15% – 20% Growth In Q2
EPS (full
story
).

Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)

Power Rating

Says Vioxx-related Shareholder Lawsuit Dismissed (full
story
).

Wal-Mart
(
WMT |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 EPS Rises; Beats Estimate; Top Line Up 12.3%; Guides Q2 EPS; Backs FY07 EPS
Outlook (full
story
).

Home Depot
(
HD |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 EPS climbs 29%, tops consensus (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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-8.56

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11,420.21

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NASDAQ

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-9.39

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2,229.13

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width=”26%” height=16>

S&P 500

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-2.41

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1,292.09

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,314,420,000

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1,995,654,000

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width=”26%” height=16>

Advances

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1726

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1566

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width=”26%” height=16>

Declines

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1505

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1476

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width=”26%” height=16>

Up Volume

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986

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617

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Down Volume

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1088

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1212

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width=”26%” height=16>

New Hi’s

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41

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76

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New Lo’s

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115

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103

Sectors

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Strongest
Sectors


Weakest
Sectors

Combined Insurance
(
INSRX |
Quote |
Chart |
News |
PowerRating)
Combined Tech
(
XCI |
Quote |
Chart |
News |
PowerRating)
Deutsche Bank Energy
(
DXE |
Quote |
Chart |
News |
PowerRating)
GSTI Software
(
GSO |
Quote |
Chart |
News |
PowerRating)
GSTI Services
(
GSV |
Quote |
Chart |
News |
PowerRating)
Csfb Technology
(
CTN |
Quote |
Chart |
News |
PowerRating)
Helvetica>

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




Wholesale Prices Jump On Higher Energy Costs (full
story
).


Industrial Production Growth Exceeds Economist
Estimates (full
story
).


Housing Starts Fall More Than Expected In April (full
story
).



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John Patrick Lee


johnl@tradingmarkets.com



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