TradingMarkets Mid-Day Movers
- September 6, 2006
- Darren Wong
Markets sell off in reaction to higher than expected
labor costs; Ford shares rise as Alan Mulally is named new CEO. Crude oil futures
trade fractionally lower at $68.50.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move
Ford Motor Names Alan Mulally As CEO, Bill Ford
To Continue His Duties As Executive Chairman (full
story). F shares rally by over 2%.
Intel To Cut 10,500 Jobs By Mid-2007 (full
story). INTC shares fall by over 2%.
Finisar Q1 Loss Narrows, Revenues Rise 30%,
Non-GAAP EPS Matches Estimate (full
story). FNSR shares drop by nearly 12%.
Hain Celestial Q4 Earnings Top Estimates,
Ex-items (full
story). HAIN shares rise by 1d%.
Komag Lowers Q3 Sales, Net Margin View (full
story). KOMG shares get slashed by 12%.
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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-42.35
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11,426.93
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NASDAQ
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-22.20
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2,183.50
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S&P 500
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-7.96
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1,305.29
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size=2>NYSE
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size=2>NASDAQ
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Volume
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840,985,000
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662,138,000
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Advances
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679
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628
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Declines
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2373
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2100
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Up Volume
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194
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100
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Down Volume
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543
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477
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New Hi’s
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45
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34
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New Lo’s
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19
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19
Strongest/Weakest Sectors
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Strongest
Sectors |
Weakest
Sectors |
Amex Gold Bugs Index (HUI) |
Networking Index (NWX) |
PHLX Gold and Silver
Sector Index (XAU) |
Disk Drive Index (DDX) |
Dow 10
Index (MUT) |
Oil Index (XOI) |
href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News
Service Sector Sees Faster Than Expected Growth In
August (full
story).
Q2 Productivity And Labor Cost Growth Revised Higher
(full
story).
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Darren Wong
darrenw@tradingmarkets.com
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