TradingMarkets Mid-Day Movers
Stocks are trading mixed, with slight
gains being posted by the Nasdaq 100 while all the other major averages are
sitting near the unchanged mark. A packed economic calendar was
expected to be the main driver today but much of the news failed to lead to much
activity.
Mortgage application volume fell last week, Business
Inventories rose more than expected, Consumer Prices increased modestly and
Crude Oil Inventories fell.
- Mortgage Bankers Association Weekly Market Index -0.6%,
Purchase Index + 2.6%, Refi Index -5.4% (full
report). - Business Inventories -0.5% (full
report). - October CPI +0.2%, Core CPI +0.2% (full
report). - EIA: Crude Oil Inventories -2.2 Mln Barrels, Gasoline
Inventories -900,000 Barrels (full
report).
For reports and analysis throughout the day go to our
Economic
News section.
The news sent Treasuries and the US Dollar Index higher.
Energy prices are also rallying, led by Natural Gas.
The Gold and Energy sectors are posting strong gains on the
inflation and inventory data.
Stocks On The Move
Too
(
TOO |
Quote |
Chart |
News |
PowerRating) has jumped to a new 52-week high on earnings
news. Rumors of possible prices changes in its iTunes music download service are
sending Apple
(
AAPL |
Quote |
Chart |
News |
PowerRating) higher, setting another new high.. Aetna
(
AET |
Quote |
Chart |
News |
PowerRating) and
UnitedHealth
(
UNH |
Quote |
Chart |
News |
PowerRating) are also setting highs.
GM
(
GM |
Quote |
Chart |
News |
PowerRating) is the most prominent stock setting a new 52-week low. Vodafone
(
VOD |
Quote |
Chart |
News |
PowerRating)
and Blockbuster
(
BBI |
Quote |
Chart |
News |
PowerRating) are continuing their recent weakness and extending
their lows.
| Dow |
+0.81 | 10,687.25 |
| NASDAQ |
-0.85 | 2185.89 |
| S&P 500 |
+1.82 | 1230.83 |
| NYSE | NASDAQ | |
| Volume |
974,930,000 | 805,407,000 |
| Advances |
1447 | 1044 |
| Declines |
1694 | 1799 |
| Up Volume |
449 | 385 |
| Down Volume |
429 | 367 |
| New Hi’s |
36 | 46 |
| New Lo’s |
156 | 72 |
|
|
Weakest Sectors |
| Oil Service ( OSX | Quote | Chart | News | PowerRating) |
Chemical ( CEX | Quote | Chart | News | PowerRating) |
| Gold ( XAU | Quote | Chart | News | PowerRating) |
Networking ( NWX | Quote | Chart | News | PowerRating) |
| Gold Bugs ( HUI | Quote | Chart | News | PowerRating) |
Disk Drive ( DDX | Quote | Chart | News | PowerRating) |
Ashton Dorkins