TradingMarkets Mid-Day Movers

Gold and airline sectors lead morning rally. Crude
oil futures trade lower by 0.3% to $61.83.

Stocks on the Move

Hewlett-Packard
(
HPQ |
Quote |
Chart |
News |
PowerRating)
CFO To Retire At Year-end; Treasurer Cathie
Lesjak Named New Finance Chief (full
story
).  HPQ shares rise by nearly 1%.

Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)
,
Vertex

(
VRTX |
Quote |
Chart |
News |
PowerRating)
Reveal Positive Phase I Study Results (full
story
).  MRK shares are trading fractionally higher, while VRTX shares
drop over 6%.

DuPont
(
DD |
Quote |
Chart |
News |
PowerRating)
To Cut 1,500 Positions Globally,
Expects A Charge Of About $200Mln In Q4; Lifts FY06 EPS Forecast (full
story
).  DD shares rise by 1.5%.

Hartford
(
HIG |
Quote |
Chart |
News |
PowerRating)
Lifts
FY06 EPS Outlook, Guides FY07 Earnings; To Repurchase Addl. $500 Mln Shares (full
story
).  HIG shares rise by 1.7%.

Nuvelo
(
NUVO |
Quote |
Chart |
News |
PowerRating)
:
Phase 3 Study Misses Target; Suspends Patient Enrollment (full
story
).  NUVO shares get slashed by 80%.

Analogic
(
ALOG |
Quote |
Chart |
News |
PowerRating)

Reports Q1 Loss (full
story
).  ALOG shares rise by 1.6%.

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

Market Snapshot

Dow


+28.04

12,335.53

Nasdaq

+12.10

2,449.48

S&P 500


+4.18

1,414.02

NYSE


NASDAQ

Volume


971,538,000

797,948,000

Advances


1873

1620

Declines


1201

1247

Up Volume


322

192

Down Volume


11

9

New Highs


168

118

New Lows


13

25

Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors

PHLX Gold and Silver Sector Index (XAU)


Amex Securities Broker/Dealer Index (XBD)

Amex Airline Index (XAL)

Nasdaq Other Finance (OFIN)


Amex Gold Bugs
Index (HUI)

Amex Pharmaceutical
Index (DRG)

Economic News

Wholesale Inventories +0.8% vs +0.6% consensus

Darren Wong
darrenw@tradingmarkets.com

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


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