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TradingMarkets Mid-Day Movers

By John Patrick Lee | TradingMarkets.com
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Major indexes in the red for the morning; Amazon earnings and the jobs report are driving the selling action.

The jobs report showed a five-year low in unemployment, fueling more fears that interest rates will be raised again during Bernanke's first Fed meeting in March.

Crude oil futures rose this morning as the IAEA reconvened to discuss strategies to deal with Iran's resumption of nuclear production.

Amazon (AMZN | Quote | Chart | News | PowerRating) traded down over 12% after missing earnings this morning.

Stocks On The Move

Wendy's (WEN | Quote | Chart | News | PowerRating) Power Rating Posts Positive Q4 EPS, Triples FY05 EPS; Dividend Rate Up 25% (full story).

Hitachi (HIT | Quote | Chart | News | PowerRating) Power Rating Q3 Net Income Drops 79%; Revenue Up; Reaffirms FY 05 Guidance (full story).

Moody's (MCO | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Rises, Beats Consensus On Top Line Growth (full story).

THQ (THQI | Quote | Chart | News | PowerRating) Power Rating Q3 Profit Slumps 24% As Consumers Wait For New Gaming Consoles (full story).

Maytag (MYG | Quote | Chart | News | PowerRating) Power Rating Posts Steeper Loss In Q4 On Charges And Costs, Despite 6.9% Rise In Home Appliances Sales (full story).

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

Dow

-33.38

10,818.60

NASDAQ

-15.86

2,265.71

S&P 500

-3.71

1,267.13

NYSE

NASDAQ

Volume

957,594,000

976,363,000

Advances

989

1007

Declines

2078

1766

Up Volume

267

177

Down Volume

555

715

New Hi's

49

80

New Lo's

30

28

 

Strongest Sectors

Weakest Sectors

Oil Service (OSX | Quote | Chart | News | PowerRating) Dow Jones Internet (ECM | Quote | Chart | News | PowerRating)
Morgan Stanley Health Products (RXP | Quote | Chart | News | PowerRating) GSTI Internet (GIN | Quote | Chart | News | PowerRating)
Morgan Stanley Healthcare (HMO | Quote | Chart | News | PowerRating) Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating)

Economic News

January Employment Growth Falls Short Of Expectations (full story).

Factory Orders Rise Slightly More Than Expected (full story).

Service Sector Growth Slows More Than Anticipated (full story).

John Patrick Lee
johnl@tradingmarkets.com

To sign up for Gary Kaltbaum's training classes, along with other exciting TradingMarkets educational sessions, click here.


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