Major indices all in the red for the morning; as GOOG falls, so does the market.
Google (GOOG | Quote | Chart | News | PowerRating) traded down 5% after an article over the weekend in Barron's argued that the price of GOOG shares could be cut in half.
BlackRock (BLK | Quote | Chart | News | PowerRating) surged up over 10% on news that Merrill Lynch (MER | Quote | Chart | News | PowerRating) is advancing in talks to acquire the money management firm.
Credit Suisse (CSR | Quote | Chart | News | PowerRating) Power Rating Reveals Change In Accounting Treatment (full story).
Agilent Technologies (A | Quote | Chart | News | PowerRating) Power Rating Q1 Profit Soars On Gains From Asset Sale (full story).
Chesapeake Energy (CHK | Quote | Chart | News | PowerRating) Power Rating COO Tom Ward Resigns, Steven Dixon Named Successor (full story).
W. R. Berkley (BER | Quote | Chart | News | PowerRating) Power Rating Q4 Operating EPS Jumps, Exceeds Consensus On 13% Top Line Growth (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
-2.80 |
10,916.25 |
|
Nasdaq |
-14.65 |
2,247.23 |
|
S&P 500 |
-1.35 |
1,265.64 |
|
NYSE |
NASDAQ | |
|
Volume |
774,088,000 |
742,998,000 |
|
Advances |
1236 |
1092 |
|
Declines |
1832 |
1747 |
|
Up Volume |
287 |
270 |
|
Down Volume |
407 |
387 |
|
New Hi's |
56 |
57 |
|
New Lo's |
28 |
15 |
|
Strongest Sectors |
Weakest Sectors |
| Oil (XOI | Quote | Chart | News | PowerRating) | Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating) |
| Oil (CBOE) (OIX | Quote | Chart | News | PowerRating) | Gold and Silver (XAU | Quote | Chart | News | PowerRating) |
| Deutsche Bank Energy (DXE | Quote | Chart | News | PowerRating) | Interactive Week Internet (IIX | Quote | Chart | News | PowerRating) |
No major economic news to report at this time.
John Patrick Lee
johnl@tradingmarkets.com
To sign up for Gary Kaltbaum's training classes, along with other exciting TradingMarkets educational sessions, click here.