The Nasdaq leads the indices closing up 0.5%. Crude oil futures close lower by 4% to $58.36.
Friday's market action gave a bullish put/call signal on the S&P 500 Index (explanations below). It will be interesting to see if we get more bearish signals today and through the week (click here for more info).
Tenet Healthcare (THC | Quote | Chart | News | PowerRating) Sees Q3 Net Loss On Unpaid Bills, Continuing Softness In Commercial Managed Care Volumes (full story). THC shares drop over 10%.
Deutsche Bank Lifts Komag Inc. (KOMG | Quote | Chart | News | PowerRating) To Buy From Hold With $48 Up From $35 Price Target. KOMG shares close higher by nearly 5%.
Deutsche Bank Lifts Diamond Offshore Drilling (DO | Quote | Chart | News | PowerRating) To Buy From Hold With $89 Price Target. DO shares fall by nearly 4%.
ABN Amro (ABN | Quote | Chart | News | PowerRating) Profit Drops 5.6% On Weak Contribution From Antonveneta (full story). ABN shares close fractionally lower.
Hilton Hotels (HLT | Quote | Chart | News | PowerRating) Sees $2.5 Bln In Revenue From Website Bookings In FY06 (full story). HLT shares rise by 0.6%.
CAS Medical Systems (CASM | Quote | Chart | News | PowerRating) Q3 EPS Rises On Higher Revenues (full story). CASM shares jump nearly 18%.
Verizon (VZ | Quote | Chart | News | PowerRating) Q3 Profit Rises On Strong Wireless Revenue Growth (full story). VZ shares drop by 3%.
Humana (HUM | Quote | Chart | News | PowerRating) Q3 Profit More Than Triples On 48% Revenue Growth; Adj. EPS Misses Consensus; Guides Q4, FY07, Backs FY06 View (full story). HUM shares drop by over 6%.
For more stories as they happen, go to our Breaking News section.
|
Dow |
-3.76 |
12,086.50 |
|
NASDAQ |
+13.15 |
2,363.77 |
|
S&P 500 |
+0.59 | 1,377.93 |
|
NYSE |
NASDAQ | |
|
Volume |
2,207,809,000 |
1,707,350,000 |
|
Advances |
1716 |
1648 |
|
Declines |
1555 |
1404 |
|
Up Volume |
918 |
1230 |
|
Down Volume |
1076 |
393 |
|
New Hi's |
161 |
119 |
|
New Lo's |
19 |
41 |
|
Strongest Sectors |
Weakest Sectors |
|
Nasdaq Transportation Index (TRAN) |
CBOE Oil Index (OIX) |
| Amex Disk Drive Index (DDX) | Morgan Stanley Healthcare Payors Index (HMO) |
| Amex Airline Index (XAL) | Amex Oil Index (XOI) |
Personal Income & Spending - Personal Income Rises 0.5%; Spending Rises 0.1% (Sept.)
Darren Wong
darrenw@tradingmarkets.com
Use our most popular trading tool to find out how your stocks will move in the next 5 days.
Put/Call Ratio Alert-Put/Call ratio readings below .50 are short-term bearish for the market, especially when its below its 200 day ma. Put/Call ratio readings above .90 are usually bullish, especially when the market is trading above its 200 day ma.