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Dow Slips On Wal-Mart Sales Outlook

By Darren Wong | TradingMarkets.com
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Slew of inflationary data holds markets back.  Crude oil futures trade lower by 1.4% to $57.88.

Stocks on the Move

Transocean (RIG | Quote | Chart | News | PowerRating) Q3 Profit Rises 81%, Earnings Beat Estimates (full story).  RIG shares trade higher by 1.5%.

J C Penney (JCP | Quote | Chart | News | PowerRating) Expects Low Single-digit Growth In Nov. Sales, Raises Q3 Outlook (full story).  JCP shares rise by over 2%.

International Paper (IP | Quote | Chart | News | PowerRating) Q3 Earnings Decline; Expects Q4 Earnings From Cont. Operations To Be Lower Sequentially (full story).  IP shares fall by 1.6%.

Blockbuster (BBI | Quote | Chart | News | PowerRating) Q3 Net Loss Narrows On Absence Of Charges; Revenues Decline (full story).  BBI shares rise by nearly 10%.

Southwest Airlines (LUV | Quote | Chart | News | PowerRating) October Load Factor Declines, RPM Increases (full story).  LUV shares fall by 1.2%.

Gap (GPS | Quote | Chart | News | PowerRating) October Sales Drop 3%, Provides Q3 EPS Outlook (full story).  GPS shares fall by 5.5%.

Wal-Mart (WMT | Quote | Chart | News | PowerRating) Oct. Comps. Up 0.5%; Expects Flat Comps. In Nov. (full story).  WMT shares fall by 1.2%.

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

Market Snapshot

Dow

-12.48

12,018.54

NASDAQ

-0.33

2,334.02

S&P 500

-0.47 1,367.34

NYSE

NASDAQ

Volume

2,632,718,000

1,868,121,000

Advances

1434

1271

Declines

1806

1761

Up Volume

1064

869

Down Volume

1341

908

New Hi's

119

61

New Lo's

38

57

Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors

Morgan Stanley Healthcare Payors Index (HMO)

Dow Jones REIT Index (DJR)
Morgan Stanley Healthcare Provider Index (RXH) Amex Airline Index (XAL)
GSTI Internet (GIN) PHLX Utility Sector Index (UTY)

Economic News

Natural Gas Stocks Down 9 BCF

Sept. Factory Orders Up 2.1%

Jobless Claims (Week Ended 10/28) Up 18K To 327K

Q3 Productivity Unchanged; Q3 Costs Up 3.8%

Darren Wong
darrenw@tradingmarkets.com

Use our most popular trading tool to find out how your stocks will move in the next 5 days.

 

 


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