TradingMarkets Mid-Day Movers

  • April 18, 2007
  • Darren Wong

The Dow and S&P 500 are holding fractional gains,
while the Nasdaq is in negative territory. Mixed earnings
reports from large cap companies are splitting the indices.

Crude futures for May delivery
are lower this morning by 0.4% to $62.82 a barrel.
June gold futures are also lower by 0.1% at $696.80 an ounce.

Around Asia, Tokyo’s Nikkei added 0.8%
to close at 17,667.33, the Shanghai Composite made fractional
gains to close at 3,612.40, and Hong Kong’s Hang Seng fell
fractionally to 20,777.09.

Our

Daily Market Bias page has had a bearish bias for the past 3
sessions. This tells us that buying stocks after such a
large upward move in the market may be risky.

Click here for more information on our Daily Market Bias
indicators.



Stocks in
Motion

Yahoo!
(
YHOO |
Quote |
Chart |
News |
PowerRating) Q1 Profit Falls 11% Hurt By Charges,
Adj. Profit Rises Marginally, Revenues Up, Guides Q2, Backs FY07 Revenue Outlook
(full
story). YHOO shares fall 11.5% in early trading.

Motorola
(
MOT |
Quote |
Chart |
News |
PowerRating) Slips To Loss In Q1 On Charges, Lower
Sales, Higher Expenses; Sees Q2 EPS, Sales, Below Street View (full
story). MOT shares add 2%.

Intel
(
INTC |
Quote |
Chart |
News |
PowerRating) Q1 Profit Up 19% (full
story). INTC shares gain 1.5%.

United Tech
(
UTX |
Quote |
Chart |
News |
PowerRating) Q1 Benefits From Strong
Commercial Aerospace Market (full
story). UTX shares rise 0.6%.

For more stories as they happen, go to our
Breaking News section.

Market Snapshot

Dow

 +14.70 12,787.74

NASDAQ

 -5.29 2,511.66

S&P 500

 +0.74 1,472.22

NYSE NASDAQ

Volume

 1,256,262,000 906,940,000

Advances

 1318 1213

Declines

 1724 1615

Up Volume

 519 425

Down Volume

 590 413

New Highs

 143 97

New Lows

 10 33



Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors
Amex Airline Index (XAL) CBOE Internet Index (INX)
Amex Securities Broker/Dealer Index (XBD) Dow Jones Internet Commerce Index (ECM)
S&P Banking Index (BIX) Amex Disk Drive Index (DDX)


Economic
News

Crude inventories
show a draw of -994K barrels

Darren Wong

Associate Editor

darrenw@tradingmarkets.com