Stocks Start The Week In Red


Markets kick off the
week with a major slide; indices all close deep in the red.

Goldman Sachs
(
GS |
Quote |
Chart |
News |
PowerRating)

closed down 1.9% after CEO Henry Paulson is nominated to succeed John Snow as
U.S. treasury secretary.

General Motors
(
GM |
Quote |
Chart |
News |
PowerRating)

closed down over 5% after a broker downgrade at Deutsche Bank.

Wal-Mart
(
WMT |
Quote |
Chart |
News |
PowerRating)

closed down over 2% after announcing that same-store sales would probably not
meet previous estimates.

Crude oil futures closed higher for the day at $72.03.

href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move

Applied Biosystems
(
ABI |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Acquire Agencourt Personal Genomics For $120 Mln. In Cash; Announces New
Testing System For Food Contaminants (full
story
).

Albertson’s
(
ABS |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 Profit Rises, Tops Expectations (full
story
).

CA
(
CA |
Quote |
Chart |
News |
PowerRating)

Power Rating

Delays Release Of Q4 & FY06 Financial Results; To Restate Q3 (full
story
).

CollaGenex
(
CGPI |
Quote |
Chart |
News |
PowerRating)

Power Rating

Gets FDA Nod For Lesion-treatment Oracea; Stock Up 11% In Pre-market Activity (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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-183.94

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11,094.67

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NASDAQ

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-45.63

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2,164.74

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S&P 500

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-20.26

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2,259.90

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,096,436,000

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1,718,660,000

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Advances

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789

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687

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Declines

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2477

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2338

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Up Volume

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232

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362

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Down Volume

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1602

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1176

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width=”26%” height=16>

New Hi’s

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25

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61

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New Lo’s

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124

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70

Sectors

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Strongest
Sectors


Weakest
Sectors

GSTI Hardware
(
GHA |
Quote |
Chart |
News |
PowerRating)
Dow 10
(
MUT |
Quote |
Chart |
News |
PowerRating)
Kbw Bank Index
(
BKX |
Quote |
Chart |
News |
PowerRating)
GSTI Semiconductor
(
GSM |
Quote |
Chart |
News |
PowerRating)
S&P Health Care
(
HCX |
Quote |
Chart |
News |
PowerRating)
Interactive Week
(
IIX |
Quote |
Chart |
News |
PowerRating)
Helvetica>

href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News




A round of foreign economic reports were released
today
Check them
here
.



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John Patrick Lee


johnl@tradingmarkets.com



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