Stocks Slide For The Second Straight Day
Despite a late-day
rally, the major markets continue to hurt from inflationary fears.
General Motors
(
GM |
Quote |
Chart |
News |
PowerRating)
closed down 3% after announcing a meeting to discuss the co’s turnaround
strategy.
Hewlett-Packard
(
HPQ |
Quote |
Chart |
News |
PowerRating)
closed down 2% after the co revised Q2 results to reflect recent settlements
with the IRS.
Crude oil futures closed down 0.14 at $72.50.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
ArvinMeritor
(
ARM |
Quote |
Chart |
News |
PowerRating)
Power Rating
Turns To Profit In Q2, Revenues Up 3%, Guides Q3, Hikes Bottom End Of FY06 EPS
Forecast (full
story).
Human Genome Sciences
(
HGSI |
Quote |
Chart |
News |
PowerRating)
Power Rating
Teams Up With Novartis
(
NOV |
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Chart |
News |
PowerRating)
Power Rating
For Hepatitis Drug Development (full
story).
United Technologies
(
UTX |
Quote |
Chart |
News |
PowerRating)
Power Rating
To Pay $283Mln In Settlement Of Government Contract Accounting Matters;
Reaffirms 2006 EPS Forecast (full
story).
Moody’s
(
MCO |
Quote |
Chart |
News |
PowerRating)
Power Rating
Reaffirms 2006 Forecast Of High Single-digit To Double-digit Percent Revenue
Growth, Says Operating Margins Will Decline; Sets $2Bln Buyback (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>
-46.58
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11,002.14
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NASDAQ
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-6.84
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2,162.78
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S&P 500
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-1.44
align=middle width=”48%” height=16>
1,263.85
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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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2,612,469,000
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2,089,362,000
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Advances
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1097
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1111
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Declines
align=middle width=”41%” height=16>
2138
align=middle width=”48%” height=16>
1929
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Up Volume
align=middle width=”41%” height=16>
719
align=middle width=”48%” height=16>
628
width=”26%” height=16>
Down Volume
align=middle width=”41%” height=16>
1655
align=middle width=”48%” height=16>
1336
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
27
align=middle width=”48%” height=16>
53
width=”26%” height=16>
New Lo’s
align=middle width=”41%” height=16>
135
align=middle width=”48%” height=16>
140
Sectors
Strongest
Sectors
Weakest
Sectors
(
GSV |
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(
CEX |
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(
UTY |
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(
GSM |
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(
DOT |
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(
DDX |
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href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
A new round of foreign economic reports that came out
today.Â
Check them out
here.
John Patrick Lee
johnl@tradingmarkets.com
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To sign up for Gary Kaltbaum’s training classes,
along with other exciting TradingMarkets educational sessions,
click here.