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


NASDAQ

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


New Lows


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.

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