TradingMarkets Mid-Day Movers

Markets continue to pull back.  Nasdaq down
nearly 1%, Dow and S&P lower by 0.3%.  Crude oil futures
are trading lower by 1% to $60.95.

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

Hewlett-Packard CEO Mark Hurd To Appear Before
House Panel Probing Into Boardroom Leak (full
story
).  HPQ shares continue to trade lower, down 0.7%.

KB Home Q3 Revenues Up 6%; Net Home Orders
Plunge 43%; To Disclose Full Results On Completion Of Stock Option Grants Review
(full
story
).  KBH shares trade higher by 3%.

Nike Q1 Earnings Fall, Top Estimates (full
story
).  NKE shares jump 4.5% through the morning.

New York Times August Revenues Slip 2.2%, Sees
Lower Q3 Earnings (full
story
).  NYT shares fall by over 3%.

Palm Q1 Profit Declines, Revenue Up 4%; Board
Approves $250Mln Stock Buyback; Sees Q2 Non-GAAP EPS Of $0.20- $0.23 (full
story
).  PALM shares move up 4%.

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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-26.33

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11,506.90

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NASDAQ

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-19.28

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2,218.47

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S&P 500

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-4.56
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1,313.47
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size=2>NYSE

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size=2>NASDAQ

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Volume

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965,778,000

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742,831,000

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Advances

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853

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730

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Declines

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2189

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2058

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Up Volume

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223

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160

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Down Volume

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633

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525

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New Hi’s

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50

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32

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New Lo’s

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38

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50



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

Amex Airline Index (XAL)

Amex Natural Gas Index (XNG)
Amex Gold Bugs Index (HUI) Amex Disk Drive Index (DDX)
S&P Chemicals Index (CEX) Amex Networking Index (XNG)

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

No economic reports today.

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Darren Wong

darrenw@tradingmarkets.com


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