Stocks End The Week With Modest Decline
Stocks ended the week modestly lower in choppy
trading,
after failing to hold on to gains from early in the session.
The Commerce Department reported the Trade Deficit widened in April to $63.4 Bln
(report),
less than economists expected. Meanwhile the Labor Department reported Import
Prices rose 1.6% in May
(report),
more than economists expected.
July Crude Oil futures closed higher, ending the week at $71.59.
Stocks In The News
Cisco Systems
(
CSCO |
Quote |
Chart |
News |
PowerRating)
To Buy Metreos, Audium For About $47.8 Mln Cash (full
story).
Pozen
(
POZN |
Quote |
Chart |
News |
PowerRating), GlaxoSmithKline
(
GSK |
Quote |
Chart |
News |
PowerRating)
Get Approvable Letter From FDA For Trexima To Treat Migraine Headaches (full
story).
GameTech International
(
GMTC |
Quote |
Chart |
News |
PowerRating)
Q2 Net Income Up On Higher Operating Income (full
story).
Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)
And Schering-Plough
(
SGP |
Quote |
Chart |
News |
PowerRating) Report FDA Approval Of ZETIA (full
story).
For more stories as they happen, go to our
Breaking
News section.
| Dow |
-46.90 | 10,891.92 |
| NASDAQ |
-10.26 | 2,135.06 |
| S&P 500 |
-5.63 | 1,252.30 |
| NYSE | NASDAQ | |
| Volume |
2,212,710,000 | 1,744,233,000 |
| Advances |
1676 | 1248 |
| Declines |
1532 | 1753 |
| Up Volume |
889 | 570 |
| Down Volume |
1132 | 1059 |
| New Hi’s |
32 | 61 |
| New Lo’s |
61 | 69 |
|
|
Weakest Sectors |
| Airline ( XAL | Quote | Chart | News | PowerRating) |
Oil ( XOI | Quote | Chart | News | PowerRating) |
| Broker Dealer ( XBD | Quote | Chart | News | PowerRating) |
Healthcare Provider ( RXH | Quote | Chart | News | PowerRating) |
| Utility ( UTY | Quote | Chart | News | PowerRating) |
Natural Gas ( XNG | Quote | Chart | News | PowerRating) |
Economic
News
April U.S. Trade Deficit Widens To
$63.4 Bln. (report)
Exports Down 0.2%, Imports Up 0.7% In April
Import Prices Up 1.6% In May (report)
For more reports and analysis go to our
Economic
News section.
Ashton Dorkins