TradingMarkets Mid-Day Movers

Producer-price report data causes selloff. Dow and S&P
trading lower by nearly 1%, while the Nasdaq drops 1.4%.  Crude oil futures move
lower by 0.6% to $59.57.

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

Merrill Lynch’s Q3 Profit More Than Doubles On
One-time Gain, Strong Revenue Upside (full
story
).  MER shares are trading fractionally lower through the morning.

United Technologies Q3 Profit Rises 21%; Boosts
FY06 EPS Outlook (full
story
).  UTX shares fall by nearly 2.5%.

Johnson & Johnson Q3 Adj. EPS Rises, Tops
Street Expectations, Revenues Grow 8% On Strong Drug Sales (full
story
).  JNJ shares rise by nearly 2%.

Wells Fargo Q3 Profit Up 11%, Tops Estimate By
A Penny, Revenue Falls Shy Of View (full
story
).  WFC shares are trading flat.

EMC Q3 Profit Drops, Revenues Up 19%, Plans
1,250 Job Cuts, Guides Q4 Adj. EPS In Line With Estimates (full
story
).  EMC shares drop by over 6%. 

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



Market Snapshot

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Dow

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-84.45

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11,896.15

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NASDAQ

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-32.06

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2,331.78

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S&P 500

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-11.00
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1,358.05
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size=2>NYSE

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size=2>NASDAQ

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Volume

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1,078,004,000

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918,931,000

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Advances

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817

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681

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Declines

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2298

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2164

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Up Volume

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110

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126

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Down Volume

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833

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616

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New Hi’s

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102

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79

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New Lo’s

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11
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21



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

Amex Pharmaceutical Index (DRG)

Amex Networking
Index (NWX)
S&P Healthcare (HCX) Nasdaq Transportation (TRANX)
Morgan Stanley Healthcare Payors Index (HMO) GSTI Semiconductor (GSM)

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

PPI Down 1.3% In Sept.; Core PPI Up 0.6%

Capacity
Utilization Slips To 81.9%

Industrial Production Falls 0.6% In Sept.

DHelvetica>arren Wong

darrenw@tradingmarkets.com


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