TradingMarkets Mid-Day Movers
Inflation worries from the PPI report and negative
news from Oracle lead the major markets lower.
Oracle
(
ORCL |
Quote |
Chart |
News |
PowerRating) matched earnings Monday afternoon, but disappointed
on sales of new software licenses. ORCL traded lower by about 5%.
Morgan Stanley
(
MS |
Quote |
Chart |
News |
PowerRating) Q4 Profit Drops On Prior Year Gain, Net
Revenues Up 24%; Plans To Spin-off Discover; Approves Up To $6 Bln Share
Buyback; Declares Dividend. MS traded up 2% through the morning. (full
story)
Circuit City
(
CC |
Quote |
Chart |
News |
PowerRating) Drops To Loss In Q3 On Price Cuts, Trims FY07
Guidance. CC traded down 18% this morning. (full
story)
Delta Air Lines Rejects US Airways
(
LCC |
Quote |
Chart |
News |
PowerRating) Merger Offer;
Files Standalone Plan Of Reorganization. LCC traded lower by nearly 1% during
morning trading. (full
story)
UnitedHealth
(
UNH |
Quote |
Chart |
News |
PowerRating) To Confirm FY06 Outlook; Gives FY07 View;
Expects To Record Stock Option Charges In FY06. UNH rose over 2% during trading
this morning. (full
story)
For more stories as they happen, go to our Breaking News section.
|
Dow | -24.03 | 12,417.24 |
| Nasdaq | -16.46 | 2,419.04 |
|
S&P 500 | -2.88 | 1,419.52 |
|
NYSE |
| |
|
Volume | 1,069,847,000 | 833,568,000 |
|
Advances | 1269 | 1059 |
|
Declines | 1831 | 1834 |
|
Up Volume | 391 | 180 |
|
Down Volume | 545 | 575 |
|
New Highs | 68 | 54 |
|
New Lows | 17 | 38 |
| Strongest Sectors | Weakest Sectors |
|
Amex Gold Bugs (HUI) | GSTI Semiconductor (GSM) |
Deutsche Bank Energy (DXE) | Amex Airline (XAL) |
Amex Oil (XOI) | S&P Retail (RLX) |
The Producer Price Index (PPI) rose 2% in November, the biggest increase
since 1974.
Darren Wong
darrenw@tradingmarkets.com
Use our most popular trading tool to find out how your stocks will move in the next 5 days.
* PowerRatings Heat Maps is a powerful tool, which can help you make sense of
the markets in an instant. PowerRatings Heat Maps are set for release in
early 2007.