Stocks Slide To Start The Week
Despite a late-day
rally, markets close Monday in the red; inflation and growth fears continue to
permeate investor sentiment.
Alcoa
(
AA |
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News |
PowerRating)
closed down 2.75% as the commodities’ opened the week in the red.
Yahoo!
(
YHOO |
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News |
PowerRating)
closed up 3% after a weekend article in Barron’s highlighted the co.’s favorable
position and outlook in relationship to Google.
Crude oil futures closed higher today, barely missing
the $70 water-mark.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Campbell Soup
(
CPB |
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News |
PowerRating)
Power Rating
Q3 Profit Up On US Sales (full
story).
Lowe’s
(
LOW |
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News |
PowerRating)
Power Rating
Q1 Profit Up 43%, Tops Estimates, On Top-line Growth; Guides Q2 In-line; Sees
FY06 Above Street Views (full
story).
BASF
(
BF |
Quote |
Chart |
News |
PowerRating)
Power Rating
Announces Final Offer Of $39 Per Share For Engelhard, Engelhard Sees Q2 Adj. EPS
Above Estimates (full
story).
Corning
(
GLW |
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Chart |
News |
PowerRating)
Power Rating
Backs Q2 Adj. EPS, Sales Outlook (full
story).
Progress Energy
(
PGN |
Quote |
Chart |
News |
PowerRating)
Power Rating
Idles Production Of Synthetic Fuel On High Oil Prices, Uncertainty Prevails On
Tax Credits; Backs 2006 Ongoing EPS 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
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-18.73
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11,125.33
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NASDAQ
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-21.03
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2,172.06
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S&P 500
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-4.97
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1,262.06
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size=2>NYSE
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size=2>NASDAQ
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Volume
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2,820,841,000
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2,264,070,000
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Advances
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1215
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1042
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Declines
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2038
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2027
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Up Volume
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800
align=middle width=”48%” height=16>
574
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Down Volume
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1762
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1525
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
27
align=middle width=”48%” height=16>
49
width=”26%” height=16>
New Lo’s
align=middle width=”41%” height=16>
176
align=middle width=”48%” height=16>
169
Sectors
Strongest
Sectors
Weakest
Sectors
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XII |
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(
XOI |
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(
GIN |
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(
ECM |
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(
XCI |
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(
OIX |
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PowerRating)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
A round of economic reports was released
today.Â
Check them
here.
Helvetica>
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.