Despite a rise in crude inventories, investor sentiment was bearish as all major markets ended the day in red.
The Energy Department recorded a rise in crude inventories for the second week in a row.
Crude oil futures dropped below the $60 mark as Energy Dept. announces an increase in inventories.
CMS Energy (CMS | Quote | Chart | News | PowerRating) Power Rating Posts Q4 Reported Loss Due To Huge Impairment Charges (full story).
Safeway (SWY | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Falls 14% On Store Closing, Employee Buyout Charges (full story).
MGM Mirage (MGM | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Up 25% As Top-line Growth Carries Through To Profit Line (full story).
Host Marriott (HMT | Quote | Chart | News | PowerRating) Power Rating Q4 FFO Up 26% On Higher Revenues; Sees Q1 FFO Below Consensus (full story).
CBS (CBS | Quote | Chart | News | PowerRating) Power Rating Q4 Loss Narrows; See Mid Single-digit Growth In FY06 EPS (full story).
Schering (SHR | Quote | Chart | News | PowerRating) Power Rating To Divest Radiopharmaceutical Business; Sees One-time Impact Of About 50 Mln Euros In FY06 (full story).
Toll Brothers (TOL | Quote | Chart | News | PowerRating) Power Rating Q1 Profit Climbs 49% On Home Sales, But Contracts Drop; Cuts FY06 Profit Forecast (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
-67.87 |
11,069.30 |
|
NASDAQ |
-3.85 |
2,279.32 |
|
S&P 500 |
-4.89 |
1,287.78 |
|
NYSE |
NASDAQ | |
|
Volume |
2,061,084,000 |
1,746,209,000 |
|
Advances |
1436 |
1332 |
|
Declines |
1837 |
1683 |
|
Up Volume |
687 |
756 |
|
Down Volume |
1134 |
818 |
|
New Hi's |
234 |
150 |
|
New Lo's |
20 |
18 |
|
Strongest Sectors |
Weakest Sectors |
| Morgan Stanley Hlth (RXH | Quote | Chart | News | PowerRating) | Gold and Silver (XAU | Quote | Chart | News | PowerRating) |
| North American Telecoms (XTC | Quote | Chart | News | PowerRating) | Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating) |
| Nasdaq Combined Finance (OFINX | Quote | Chart | News | PowerRating) | GSTI Hardware (GHA | Quote | Chart | News | PowerRating) |
Jobless Claims Unexpectedly Fell Last Week (full story).
Crude Oil Inventories Rise (full story).
John Patrick Lee
johnl@tradingmarkets.com
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