Stocks slide despite crude inventory increase
Despite a rise in crude
inventories, investor sentiment was bearish as all major markets ended the day
in red.
The Energy Department recorded a rise in crude
inventories for the second week in a row.
Crude oil futures dropped below the $60 mark as Energy
Dept. announces an increase in inventories.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
CMS Energy
(
CMS |
Quote |
Chart |
News |
PowerRating)
Power Rating
Posts Q4 Reported Loss Due To Huge Impairment Charges (full
story).
Safeway
(
SWY |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q4 Profit Falls 14% On Store Closing, Employee Buyout Charges (full
story).
MGM Mirage
(
MGM |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q4 EPS Up 25% As Top-line Growth Carries Through To Profit Line (full
story).
Host Marriott
(
HMT |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q4 FFO Up 26% On Higher Revenues; Sees Q1 FFO Below Consensus (full
story).
CBS
(
CBS |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q4 Loss Narrows; See Mid Single-digit Growth In FY06 EPS (full
story).
Schering
(
SHR |
Quote |
Chart |
News |
PowerRating)
Power Rating
To Divest Radiopharmaceutical Business; Sees One-time Impact Of About 50 Mln
Euros In FY06 (full
story).
Toll Brothers
(
TOL |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q1 Profit Climbs 49% On Home Sales, But Contracts Drop; Cuts FY06 Profit
Forecast (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
align=middle width=”41%” height=14>
-67.87
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11,069.30
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NASDAQ
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-3.85
align=middle width=”48%” height=16>
2,279.32
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S&P 500
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-4.89
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1,287.78
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align=middle width=”41%” height=16>
size=2>NYSE
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size=2>NASDAQ
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Volume
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2,061,084,000
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1,746,209,000
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Advances
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1436
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1332
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Declines
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1837
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1683
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Up Volume
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687
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756
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Down Volume
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1134
align=middle width=”48%” height=16>
818
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
234
align=middle width=”48%” height=16>
150
width=”26%” height=16>
New Lo’s
align=middle width=”41%” height=16>
20
align=middle width=”48%” height=16>
18
Â
Strongest
Sectors
Weakest
Sectors
(
RXH |
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News |
PowerRating)
(
XAU |
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(
XTC |
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(
HUI |
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(
OFINX |
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(
GHA |
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PowerRating)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Jobless Claims Unexpectedly Fell Last
Week (full
story).
Crude Oil Inventories Rise (full
story).
Helvetica>
John Patrick Lee
johnl@tradingmarkets.com
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