TradingMarkets Mid-Day Movers
Stocks have started the holiday
shortened week in a relatively subdued manner. The major averages
have fluctuated either side of the flat line for most of the morning with
weakness coming mainly from the Nasdaq indexes.
Over the weekend Boeing
(
BA |
Quote |
Chart |
News |
PowerRating) announced a number of new
orders (full
story). General Motors
(
GM |
Quote |
Chart |
News |
PowerRating) announced a restructuring plan that included
eliminating 30,000 manufacturing jobs, 5000 more than expected.
Lockheed Martin
(
LMT |
Quote |
Chart |
News |
PowerRating) and 3 private equity groups withdrew
their offer for Computer Sciences Group
(
CSC |
Quote |
Chart |
News |
PowerRating). CSC is the biggest percentage
decliner in the S&P500.
Go to our
Breaking
News section for more stories as they happen.
In economic news, The Conference Board released its index of
Leading Economic Indicators. The index rose 0.9% in October, which was in line
with estimates (report).
Treasuries are trading higher, along with the US Dollar Index.
Energy prices are higher, with Heating Oil the biggest gainer.
| Dow |
+12.57 | 10,778.90 |
| NASDAQ |
-0.54 | 2226.53 |
| S&P 500 |
+1.48 | 1248.75 |
| NYSE | NASDAQ | |
| Volume |
958,080,000 | 831,259,000 |
| Advances |
1579 | 1342 |
| Declines |
1529 | 1561 |
| Up Volume |
506 | 354 |
| Down Volume |
336 | 412 |
| New Hi’s |
178 | 164 |
| New Lo’s |
117 | 51 |
|
|
Weakest Sectors |
| Gold Bugs ( HUI | Quote | Chart | News | PowerRating) |
Airline ( XAL | Quote | Chart | News | PowerRating) |
| Oil Service ( OSX | Quote | Chart | News | PowerRating) |
Disk Drive ( DDX | Quote | Chart | News | PowerRating) |
| Natural Gas ( XNG | Quote | Chart | News | PowerRating) |
Pharmaceutical ( DRG | Quote | Chart | News | PowerRating) |
Ashton Dorkins