TradingMarkets Mid-Day Movers


Rising oil and economic
reports join to pull the markets into the red; major indices all down for the
day.

Technical Olympic USA
(
TOA |
Quote |
Chart |
News |
PowerRating)
traded down 3.7% after warning Q2 sales could fall 25-40% from last
year’s numbers.

SanDisk
(
SNDK |
Quote |
Chart |
News |
PowerRating)

traded down 2.8% after a Bear Stearns upgrade.

Crude oil futures were trading higher after the
morning session, up nearly 1%.

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

Chesapeake
(
CHK |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Acquire Barnett Shale Assets Worth $932 Mln; Updates FY06, FY07 Production
Outlook (full
story
).

Danaher
(
DHR |
Quote |
Chart |
News |
PowerRating)

Power Rating

Raises Lower End Of Q2 EPS Outlook (full
story
).

American Medical Systems
(
AMMD |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Acquire Laserscope
(
LSCP |
Quote |
Chart |
News |
PowerRating)
For $715
Mln In Cash; Shares Surge (full
story
).

International Paper
(
IP |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Sell Coated, Supercalendered Papers Business To Affiliate Of Apollo
Management For $1.4 Bln (full
story
).

For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News
section.

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Dow

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-67.87

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11,180.00

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NASDAQ

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-11.12

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2,208.28

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S&P 500

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-5.54

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1,282.68

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size=2>NYSE

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size=2>NASDAQ

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Volume

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721,149,000

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593,298,000

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Advances

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1108

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1037

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width=”26%” height=16>

Declines

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1943

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1810

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Up Volume

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196

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205

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width=”26%” height=16>

Down Volume

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436

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332

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width=”26%” height=16>

New Hi’s

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41

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68

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New Lo’s

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52

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13

Sectors

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Strongest
Sectors


Weakest
Sectors

Nasdaq Combined Transport
(
TRANX |
Quote |
Chart |
News |
PowerRating)
Disk Drive
(
DDX |
Quote |
Chart |
News |
PowerRating)
Airline
(
XAL |
Quote |
Chart |
News |
PowerRating)
Combined Telecom
(
IXTCX |
Quote |
Chart |
News |
PowerRating)
Pharmaceutical
(
DRG |
Quote |
Chart |
News |
PowerRating)
Nasdaq Financial
(
IXF |
Quote |
Chart |
News |
PowerRating)
Helvetica>

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




Service Sector Growth Slows In May (full
story
).


A round of foreign economic reports was released
today. 
Check them
here
.



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John Patrick Lee


johnl@tradingmarkets.com



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