Major indices close in the red for the day; GM cost-cutting and a slowing housing market have investors worried.
Despite increasing geopolitical tensions surrounding the Middle East, crude oil futures closed lower for the day.
Toll Brothers' (TOL | Quote | Chart | News | PowerRating) Power Rating stock fell as much as 6% after cutting its 2006 home-delivery estimate. Toll Bros' announcment seriously affected the housebuilding sector, which fell as much as 5%.
Boston Scientific (BSX | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Before Items Dips, Misses Estimates By A Penny (full story).
Can Cisco (CSCO | Quote | Chart | News | PowerRating) Power Rating Buttress The Markets Limping On Tech Backlash? (full story)
Polo Ralph Lauren (RL | Quote | Chart | News | PowerRating) Power Rating 3Q Profit Up On Higher Sales, Trims Forecast On Closure Charges (full story).
Coca-Cola (KO | Quote | Chart | News | PowerRating) Power Rating Q4 Adj. EPS Beats Street View (full story).
BP (BP | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Rises 23%, But Misses Consensus On Hurricane Impact (full story).
Emerson Electric (EMR | Quote | Chart | News | PowerRating) Power Rating Q1 EPS Up 37% On Double-digit Growth In All Segments (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
-47.79 |
10,750.48 |
|
NASDAQ |
-13.84 |
2,244.96 |
|
S&P 500 |
-10.20 |
1,254.82 |
|
NYSE |
NASDAQ | |
|
Volume |
2,312,369,000 |
2,113,525,000 |
|
Advances |
1035 |
935 |
|
Declines |
2207 |
2091 |
|
Up Volume |
507 |
843 |
|
Down Volume |
1553 |
1108 |
|
New Hi's |
90 |
95 |
|
New Lo's |
33 |
37 |
|
Strongest Sectors |
Weakest Sectors |
| Computer Tech (XCI | Quote | Chart | News | PowerRating) | Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating) |
| Semiconductor (SOX | Quote | Chart | News | PowerRating) | Gold and Silver (XAU | Quote | Chart | News | PowerRating) |
| GSTI Semiconductor (GSM | Quote | Chart | News | PowerRating) | Oil Service (OSX | Quote | Chart | News | PowerRating) |
No major economic news to report at this time.
John Patrick Lee
johnl@tradingmarkets.com
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