Stocks Rally as Crude Drops
Crude futures close lower by 2.1% to $61.10.
Stocks on the Move
Anadarko
(
APC |
Quote |
Chart |
News |
PowerRating) To Sell 2 Louisiana Fields To EXCO
(
XCO |
Quote |
Chart |
News |
PowerRating)
For $1.6 Bln (full
story). APC shares rise by 1.3%, while XCO shares jump 6.3%.
Cardinal Health
(
CAH |
Quote |
Chart |
News |
PowerRating) Enters $11Mln Settlement To Resolve NY
Attorney General Probe (full
story). CAH shares rise by 0.6%.
Level 3 Communications
(
LVLT |
Quote |
Chart |
News |
PowerRating) To Acquire Savvis‘
(
SVVS |
Quote |
Chart |
News |
PowerRating)
Content Delivery Network Business For $135 Mln Cash (full
story). LVLT shares trade lower by 1.2%, while SVVS shares rise by 3%.
Alcoa
(
AA |
Quote |
Chart |
News |
PowerRating) Reaches Tentative Agreement With United Auto Workers
Local 1050 To End Seven-week Strike At Its Cleveland Works Plant (full
story). AA shares rise by 0.44%.
Telik
(
TELK |
Quote |
Chart |
News |
PowerRating) Shares Plunge As Cancer Drug Telcyta Fails In
Studies (full
story). TELK shares drop 70% in today’s session.
For more stories as they happen, go to our
Breaking News section.
Market Snapshot
|
Dow | +64.61 | 12,407.63 |
| NASDAQ | +12.33 | 2,413.51 |
|
S&P 500 | +6.14 | 1,416.90 |
|
NYSE |
| |
|
Volume | 1,262,197,000 | 1,006,289,000 |
|
Advances | 2264 | 1877 |
|
Declines | 1017 | 1145 |
|
Up Volume | 831 | 592 |
|
Down Volume | 318 | 346 |
|
New Highs | 163 | 106 |
|
| 16 | 48 |
Strongest/Weakest Sectors
| Strongest Sectors | Weakest Sectors |
|
Amex Airline Index (RXH) | Amex Natural Gas Index (XNG) |
S&P Chemicals Index (CEX) | Deutsche Bank Energy Index (DXE) |
Amex Disk Drive Index (DDX) | S&P Retail Index (RLX) |
Economic News
No economic reports released today.
Darren Wong
darrenw@tradingmarkets.com
P.S.
Click here to use PowerRatings to identify stocks that could potentially
move higher in the next few days.