TradingMarkets Mid-Day Movers
- August 28, 2006
- Darren Wong
Markets rally as tropical storm Ernesto moves away
from Gulf; major indices trade higher by nearly 1%. Crude oil futures
reach a 2-month low currently down by
3% at $70.27.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks On The
Move
Google Expands Into Business Software Market,
Launches “Google Apps For Your Domain” (full
story). GOOG shares rise by nearly 2% through the morning.
Amazon.com Plans $500 Mln Stock Buyback (full
story). AMZN shares rise over 3%.
Kinder Morgan Agrees To Be Acquired By CEO-led
Investor Group For $22 Bln Cash Including Debt (full
story). KMI shares rally 2.5%.
Western Refining To Buy Giant Industries
In $1.5 Bln Deal, Incl. Debt; Expects Deal To Be Immediately Accretive To EPS (full
story). WNR shares trade fractionally lower, while GI shares jump
nearly 14%.
For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
Market Snapshot
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Dow
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+72.60
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11,356.65
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NASDAQ
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+19.84
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2,160.13
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S&P 500
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+7.45
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1,302.54
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size=2>NYSE
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size=2>NASDAQ
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Volume
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717,967,000
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574,731,000
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Advances
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2051
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1776
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Declines
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1039
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1036
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Up Volume
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420
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389
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Down Volume
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199
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119
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New Hi’s
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84
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43
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New Lo’s
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23
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33
Strongest/Weakest Sectors
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Strongest
Sectors |
Weakest
Sectors |
Nasdaq Combined
Transport Index (TRAN) |
PHLX Oil Index (OSX) |
Airline Index
(XAL) |
PHLX Gold and
Silver Sector Index (XAU) |
S&P Retail Index
(RLX) |
Amex Gold Bugs Index (HUI) |
href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News
No economic reports today.
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Helvetica>
Darren Wong
darrenw@tradingmarkets.com
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