TradingMarkets Mid-Day Movers

Stocks are modestly lower in afternoon trading,
having surrendered gains from early in the session.

The Commerce Department reported the Trade Deficit widened in April to $63.4 Bln

(report),
less than economists expected. Meanwhile the Labor Department reported Import
Prices rose 1.6% in May

(report),
more than economists expected.

July Crude Oil futures are trading higher at $71.60.


Stocks In The News


Cisco Systems
(
CSCO |
Quote |
Chart |
News |
PowerRating)
To Buy Metreos, Audium For About $47.8 Mln Cash (full
story
).

Pozen
(
POZN |
Quote |
Chart |
News |
PowerRating)
, GlaxoSmithKline
(
GSK |
Quote |
Chart |
News |
PowerRating)
Get Approvable Letter From FDA For
Trexima To Treat Migraine Headaches (full
story
).

GameTech International
(
GMTC |
Quote |
Chart |
News |
PowerRating)
Q2 Net Income Up On Higher Operating Income (full
story
).

Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)
And Schering-Plough
(
SGP |
Quote |
Chart |
News |
PowerRating)
Report FDA Approval Of ZETIA (full
story
).

For more stories as they happen, go to our
Breaking
News
section.


Dow
-48.74 10,890.08

NASDAQ
-4.62 2,140.69

S&P 500
-5.12 1,252.81
NYSE NASDAQ

Volume
1,232,747,000 981,749,000

Advances
1724 1490

Declines
1406 1389

Up Volume
569 544

Down Volume
552 368

New Hi’s
27 55

New Lo’s
43 46


Strongest Sectors

Weakest Sectors

Biotechnology
(
BTK |
Quote |
Chart |
News |
PowerRating)
Oil
(
XOI |
Quote |
Chart |
News |
PowerRating)
Broker Dealer
(
XBD |
Quote |
Chart |
News |
PowerRating)
Oil Service
(
OSX |
Quote |
Chart |
News |
PowerRating)
Utility
(
UTY |
Quote |
Chart |
News |
PowerRating)
Natural Gas
(
XNG |
Quote |
Chart |
News |
PowerRating)


Economic
News

April U.S. Trade Deficit Widens To
$63.4 Bln. (report)

Exports Down 0.2%, Imports Up  0.7% In April

Import Prices Up 1.6% In May (report)

For more reports and analysis go to our
Economic
News
section.

Ashton Dorkins

editor@tradingmarkets.com