Stocks Stall as Oil Hits Record High

• October 25, 2007
• TradingMarkets Editors

The Dow and S&P 500 closed fractionally lower, while the Nasdaq lost -0.86%. Earnings news, economic data and another record high for crude oil were enough to subdue the bulls today.

Bristol-Myers Squibb
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PowerRating) reported Q3 profit more than doubled and adjusted a number of its forecasts (read more).

Sony
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Profit plunged at Motorola
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PowerRating) but the company issued an upbeat outlook (read more).

Comcast
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Dow Chemical
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Crude oil closed at a record high of $90.46 per barrel.

Market Snapshot

Dow -3.33 13671.92 NASDAQ -23.90 2750.86 S&P 500 -1.48 1514.40 � NYSE NASDAQ Volume 1,614,749,300 2,736,478,341 Up Volume 775,837,690 696,392,394 Down Volume 822,664,470 2,020,655,807 Advances 1589 1207 Declines 1662 1714 New Highs 136 103 New Lows 110 162

Strongest/Weakest Industry Groups

Strongest Industries % Change Weakest Industries % Change Education & Training Services +4.14% Surety & Title Insurance -9.85% Non-metallic Mineral Mining +3.88% CATV Systems -5.09% Data Storage Devices +3.58% Security Software & Services -4.44%

Economic News

Durable Orders (Sep): Actual -1.7%, Consensus 1.5% Initial Claims (10/20): Actual 331K, Consensus 320K New Home Sales (Sep): Actual 770K, Consensus 775K

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