TradingMarkets Mid-Day Movers

  • March 9, 2007
  • Darren Wong

U.S. stocks rise after nonfarm
payrolls and unemployment rate reports came in as-expected. 
The major indices are currently higher by about 0.25% in early
trading..

Gold is trading fractionally lower
through the morning to $653.00 an ounce. Crude
futures are moving lower by 1.7% to $60.75 per
barrel on forecasts for warmer weather in coming weeks. 

Asian markets finished the
week mixed.  The Shanghai Composite gained 0.34% to 2,937.91,
the Nikkei rose 0.4% to 17,164.04, and Hong Kong’s Hang Seng Index
lost 0.2%.



Click here to see our new list of indicators that includes

Gaps Down 5% or More,

2-Period RSI Below 2,

Stocks Up 10% or More.  Historically proven edges make
these a great place to start creating a watch list. 



Stocks in
Motion

Big Lots
(
BIG |
Quote |
Chart |
News |
PowerRating) Q4 Profit Soars More Than
Seven-folds; EPS From Cont. Opns Tops Street View; Guides Q1, FY07; To Buyback
Up To $600 Mln Shares (full
story).  BIG shares gain 16% in early trading.

Procter & Gamble
(
PG |
Quote |
Chart |
News |
PowerRating) Reaffirms Q3 EPS And
Sales Outlook (full
story).  PG shares rise by 0.4%.

TD Ameritrade
(
AMTD |
Quote |
Chart |
News |
PowerRating) Sees Q2 EPS At Low
End Of $0.23 – $0.29 Range; Reveals Feb. Trading Metrics (full
story).  AMTD shares fall by 2.3%.

DirecTV
(
DTV |
Quote |
Chart |
News |
PowerRating) Signs Seven-year-agreement
With Major League Baseball To Air Out-of-market Games (full
story).  DTV shares rise by 0.9%.

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

Market Snapshot

Dow

 +33.33 12,294.11

NASDAQ

 +5.72 2,393.45

S&P 500

 +3.83 1,405.70

 

 NYSE NASDAQ

Volume

 1,117,471,000 811,975,000

Advances

 1807 1634

Declines

 1245 1164

Up Volume

 537 396

Down Volume

 424 343

New Highs

 53 60

New Lows

 19 45



Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors
S&P Chemicals Index (CEX) GSTI Internet Index (GIN)
Dow Jones Equity REIT Index (DJR) Morgan Stanley Healthcare Payors Index (HMO)
North American Telecommunications Index (XTC) Dow Jones Internet Commerce Index (ECM)


Economic
News

Wholesale Inventories +0.7% vs
+0.1% consensus

Trade Balance -$59.1bln vs -$60 bln
consensus

Average Workweek 33.7 vs 33.8 consensus

Hourly Earnings m/m: +0.4% vs +0.3% consensus, +0.2% prior

Unemployment Rate 4.5% vs 4.6% consensus

Nonfarm Payrolls 97K vs 100K consensus

Darren Wong

Associate Editor

darrenw@tradingmarkets.com