TradingMarkets
Mid-Day Movers
Stocks slide as Merck and
retailers weigh on investor sentiment.
Gold futures rose to $600 an ounce, creating new
25-year highs.
Crude oil futures were higher after the morning
session, up just over 1%.
Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)
traded down over 4% this morning after a New Jersey jury rewards plaintiff $4.5
Million in Vioxx trial, perhaps opening the door to thousands more punitive
damage cases for the co.
The retail sector announced a group of mostly
disappointing sales numbers, with a few standouts. Among the losers were
(
JCP |
Quote |
Chart |
News |
PowerRating),
(
GPS |
Quote |
Chart |
News |
PowerRating) and
(
ANF |
Quote |
Chart |
News |
PowerRating).Â
(
BBBY |
Quote |
Chart |
News |
PowerRating) was one notable winner.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
J. C. Penney
(
JCP |
Quote |
Chart |
News |
PowerRating)
Power Rating
March Comp. Drops 1% On Shift In Easter Holiday; Sees April Comp. Growth In Low
Single Digits; Backs Q1 EPS Forecast (full
story).
ON Semiconductor
(
ONNN |
Quote |
Chart |
News |
PowerRating)
Power Rating
Unit To Buy LSI Logic’s
(
LSI |
Quote |
Chart |
News |
PowerRating)
Power Rating
Gresham Facility; Proposes 10.5 Mln Stock Offering; Backs Q1 Revenue Outlook
Below Consensus (full
story).
American Greetings
(
AM |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q4 EPS Rises On Lower Tax Rate, Costs And Reduced Share Count; Guides FY07 EPS
Below Consensus (full
story).
Pier 1 Imports
(
PIR |
Quote |
Chart |
News |
PowerRating)
Power Rating
Falls To Loss In Q4 On Dull Sales, Store Closure Costs; To Restate Cash Flow
Statements (full
story).
For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
width=”26%” height=14>
Dow
align=middle width=”41%” height=14>
-30.66
align=middle width=”48%” height=14>
11,208.89
width=”26%” height=16>
NASDAQ
align=middle width=”41%” height=16>
-1.34
align=middle width=”48%” height=16>
2,358.41
width=”26%” height=16>
S&P 500
align=middle width=”41%” height=16>
-3.62
align=middle width=”48%” height=16>
1,307.94
width=”26%” height=16>
align=middle width=”41%” height=16>
size=2>NYSE
align=middle width=”48%” height=16>
size=2>NASDAQ
width=”26%” height=14>
Volume
align=middle width=”41%” height=14>
925,722,000
align=middle width=”48%” height=14>
904,982,000
width=”26%” height=16>
Advances
align=middle width=”41%” height=16>
1225
align=middle width=”48%” height=16>
1224
width=”26%” height=16>
Declines
align=middle width=”41%” height=16>
1820
align=middle width=”48%” height=16>
1639
width=”26%” height=16>
Up Volume
align=middle width=”41%” height=16>
349
align=middle width=”48%” height=16>
538
width=”26%” height=16>
Down Volume
align=middle width=”41%” height=16>
390
align=middle width=”48%” height=16>
299
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
170
align=middle width=”48%” height=16>
152
width=”26%” height=16>
New Lo’s
align=middle width=”41%” height=16>
41
align=middle width=”48%” height=16>
22
Sectors
Strongest
Sectors
Weakest
Sectors
(
GIP |
Quote |
Chart |
News |
PowerRating)
(
OIX |
Quote |
Chart |
News |
PowerRating)
(
MSH |
Quote |
Chart |
News |
PowerRating)
(
IXTCX |
Quote |
Chart |
News |
PowerRating)
(
IXCOX |
Quote |
Chart |
News |
PowerRating)
(
RXP |
Quote |
Chart |
News |
PowerRating)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Helvetica>
Weekly Jobless Claims Show Unexpected Decline (full
story).
John Patrick Lee
johnl@tradingmarkets.com
face=Arial color=#000000 size=2>
To sign up for Gary Kaltbaum’s training classes,
along with other exciting TradingMarkets educational sessions,
click here.