Major markets characterized by mixed trading; gains from morning rally lost as Bernanke gives his first report to Congress.
Crude oil futures dropped slightly on news that inventories have risen; oil is currently trading up fractionally.
BlackRock (BLK | Quote | Chart | News | PowerRating) Power Rating stock rose almost 9% after announcing a merger deal with Merrill.
Merrill Lynch (MER | Quote | Chart | News | PowerRating) Power Rating To Merge Investment Management Unit With BlackRock (full story).
Progress Energy (PGN | Quote | Chart | News | PowerRating) Power Rating Q4 Net Income Down, But Ongoing EPS Are Up (full story).
Caremark Rx (CMX | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Rises As Mail Pharmacy Business Grow (full story).
EnCana (ECA | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Soars On 65% Revenue Growth (full story).
Higher Revenue And Gross Margin Push Up Jones Apparel (JNY | Quote | Chart | News | PowerRating) Power Rating Q4 Profit, EPS Tops Estimates (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
-6.23 |
11,022.16 |
|
Nasdaq |
+3.86 |
2,266.03 |
|
S&P 500 |
-0.31 |
1,275.22 |
|
NYSE |
NASDAQ | |
|
Volume |
934,419,000 |
830,324,000 |
|
Advances |
1756 |
1551 |
|
Declines |
1297 |
1266 |
|
Up Volume |
468 |
456 |
|
Down Volume |
361 |
319 |
|
New Hi's |
94 |
86 |
|
New Lo's |
11 |
18 |
|
Strongest Sectors |
Weakest Sectors |
| Morg Stanley Health Provider (RXH | Quote | Chart | News | PowerRating) | Amex Gold Bugs (XAU | Quote | Chart | News | PowerRating) |
| Securities Broker Dealer (XBD | Quote | Chart | News | PowerRating) | Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating) |
| Disk Drive (DDX | Quote | Chart | News | PowerRating) | S&P Insurance (IUX | Quote | Chart | News | PowerRating) |
Crude Oil Inventories Rise (full story).
Industrial Production Unexpectedly Falls In January (full story).
New York Manufacturing Conditions Continue To Improve (full story).
John Patrick Lee
johnl@tradingmarkets.com
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