TradingMarkets Mid-Day Movers
Markets slide on economic data.
Crude oil futures trade lower by 0.1% to $62.60.
Stocks on the Move
Research In Motion
(
RIMM |
Quote |
Chart |
News |
PowerRating) Posts Q3 Preliminary Adj. EPS $0.95;
Revenues Surge 49%; Sees Q4 Adj. EPS Of $0.95 – $1.02 Range (full
story). RIMM shares fall by 1.2%.
Qualcomm
(
QCOM |
Quote |
Chart |
News |
PowerRating) Lowers Q1 Pro Forma EPS Outlook On Higher Legal
Expenses, Deferred Revenue; Raises Revenue Forecast (full
story). QCOM shares fall by 2%.
Walgreen
(
WAG |
Quote |
Chart |
News |
PowerRating) Q1 Profit Up 25% On Strong Prescription Sales (full
story). WAG shares rise by 1.8%.
Micron Technology
(
MU |
Quote |
Chart |
News |
PowerRating) Q1 Profit Soars On Revenue From Memory,
Imaging Products (full
story). MU shares rise by 4%.
For more stories as they happen, go to our
Breaking News section.
Market Snapshot
|
Dow | -62.81 | 12,358.44 |
| Nasdaq | -10.99 | 2,404.86 |
|
S&P 500 | -6.02 | 1,412.31 |
|
NYSE |
| |
|
Volume | 722,045,000 | 639,425,000 |
|
Advances | 1191 | 1238 |
|
Declines | 1851 | 1592 |
|
Up Volume | 232 | 205 |
|
Down Volume | 393 | 357 |
|
New Highs | 73 | 50 |
|
| 12 | 31 |
Strongest/Weakest Sectors
| Strongest Sectors | Weakest Sectors |
|
Amex Natural Gas Index (XNG) | Amex Securities Broker/Dealer Index (XBD) |
Nasdaq Insurance Index (INSR) | Amex Networking Index (NWX) |
S&P Retail Index (RLX) | S&P Chemicals Index (CEX) |
Economic News
Michigan Sentiment-rev 91.7 vs 90.2 consensus
Personal Income +0.3% vs +0.4% consensus
Personal Spending +0.5% vs +0.6% consensus
Durable Orders +1.9% vs +1.5% consensus
Darren Wong
darrenw@tradingmarkets.com
P.S.
Click here to use PowerRatings to identify stocks that could potentially
move higher in the next few days.