TradingMarkets Mid-Day Movers


The major markets extend
yesterday’s rally; major indices all in the green.

Bear Stearns
(
BSC |
Quote |
Chart |
News |
PowerRating)

rose nearly 4% after reporting positive Q2 earnings.

Despite multiple sector downgrades,
KB Home
(
KBH |
Quote |
Chart |
News |
PowerRating)
,
Lennar

(
LEN |
Quote |
Chart |
News |
PowerRating)
and Pulte
(
PHM |
Quote |
Chart |
News |
PowerRating)

were all trading higher after the morning session.

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

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

Inter-Tel
(
INTL |
Quote |
Chart |
News |
PowerRating)

Power Rating

Receives $22.50 Per Share Acquisition Proposal From Former CEO Steven Mihaylo (full
story
).

Valeant Pharma
(
VRX |
Quote |
Chart |
News |
PowerRating)

Power Rating

Gets FDA Approval For Zelapar To Treat Parkinson’s Disease (full
story
).

New York Times
(
NYT |
Quote |
Chart |
News |
PowerRating)

Power Rating

May Ad Sales Rise 4.4%, Total Revenues Grow 4% On Strong Growth In News Media
Groups (full
story
).

Illinois Tool Works
(
ITW |
Quote |
Chart |
News |
PowerRating)

Power Rating

Quarterly Operating Revenues Rise 8%, Reaffirms Q2, FY06 EPS Outlook (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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+79.48

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10,896.40

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NASDAQ

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+33.15

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2.119.15

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S&P 500

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+11.14

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1,241.18

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size=2>NYSE

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size=2>NASDAQ

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Volume

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1,099,064,000

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886,983,000

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Advances

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2490

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2332

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width=”26%” height=16>

Declines

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618

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564

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Up Volume

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865

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733

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Down Volume

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120

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95

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width=”26%” height=16>

New Hi’s

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18

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34

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New Lo’s

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82

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42

Sectors

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Strongest
Sectors


Weakest
Sectors

Deutsche Bank Energy
(
DXE |
Quote |
Chart |
News |
PowerRating)
Dow 10
(
MUT |
Quote |
Chart |
News |
PowerRating)
Dow Jones Internet
(
ECM |
Quote |
Chart |
News |
PowerRating)
Dow Jones Equity
(
DJR |
Quote |
Chart |
News |
PowerRating)
Nasdaq Combined Transport
(
TRANX |
Quote |
Chart |
News |
PowerRating)
S&P Retail
(
RLX |
Quote |
Chart |
News |
PowerRating)
Helvetica>

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





Helvetica>


New York Manufacturers See Improved Business Conditions (full
story
).



Weekly Jobless Claims Show Unexpected Decline (full
story
).




John Patrick Lee


johnl@tradingmarkets.com



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