TradingMarkets Mid-Day Movers

Nasdaq lower on Yahoo’s management shakeup. Crude oil futures
trade fractionally lower through the morning.

Stocks on the Move

Yahoo
(
YHOO |
Quote |
Chart |
News |
PowerRating)
Reveals Reorganization Of Structure; COO To Leave, CFO
Susan Decker To Head Customer-focused Group (full
story
). YHOO shares fall nearly 2% in early trading.

Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)
Backs FY06 EPS Outlook, Guides FY07; Reaffirms Plan To Eliminate 7,000
Jobs By End Of 2008 (full
story
). MRK shares fall by 2%.

Prudential Financial
(
PRU |
Quote |
Chart |
News |
PowerRating)

Reaffirms FY06 Earnings Outlook; Guides FY07 In Line With View (full
story
). PRU shares rise by 2.4%.

MedImmune
(
MEDI |
Quote |
Chart |
News |
PowerRating)

Backs FY06, FY09 Outlook (full
story
). MEDI shares trade fractionally higher.

Korn/Ferry
(
KFY |
Quote |
Chart |
News |
PowerRating)
Q2 Profit Climbs Nearly 25% On Top Line Growth; Adj. EPS Beats
Estimate; Gives Q3 Outlook (full
story
). KFY shares drop nearly 7%.

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

Market Snapshot

Dow


-17.06

12,314.54

Nasdaq

-7.15

2,445.23

S&P 500


-1.88

1,412.88

NYSE


NASDAQ

Volume


1,176,208,000

872,481,000

Advances


1518

1346

Declines


1582

1499

Up Volume


561

364

Down Volume


501

423

New Highs


255

114

New Lows


9

27

Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors


Morgan Stanley Healthcare Payors
Index (HMO)


GSTI Software Index (GSO)

Amex Networking
Index (NWX)

Dow Jones Equity REIT
Index (DJR)

PHLX Oil Services Sector Index (OSX)

Nasdaq Computer Index (IXCOX)

Economic News

E.I.A. reports that crude oil inventories had a draw of 1.05 mln barrels

Darren Wong
darrenw@tradingmarkets.com

Use our most popular trading tool to find out how your stocks will move in the next 5 days.