Markets fall on disappointing home sales report; major indices lower by nearly 0.5%. Crude oil futures are trading lower by nearly 1.5% to $72.05.
IBM (IBM | Quote | Chart | News | PowerRating) To Buy Internet Security Systems (ISSX | Quote | Chart | News | PowerRating) For $1.3 Bln Cash (full story). IBM shares trading fractionally lower, while ISSX shares jump over 6%.
Gateway Confirms Bid For Retail Operations From Former Owner Of EMachines (full story). GTW shares soar by over 18% in this morning's session.
Digene (DIGE | Quote | Chart | News | PowerRating) Pulls Back Sharply On CFO Resignation Announcement (full story). DIGE shares fall over 9%.
National Semiconductor (NSM | Quote | Chart | News | PowerRating) Cuts Q1 Revenue Forecast (full story). NSM shares rise by 2.3% in morning trading.
For more stories as they happen, go to our Breaking News section.
|
Dow |
-38.74 |
11,301.10 |
|
NASDAQ |
-12.22 |
2,137.80 |
|
S&P 500 |
-5.06 |
1,293.76 |
|
NYSE |
NASDAQ | |
|
Volume |
847,098,000 |
688,807,000 |
|
Advances |
913 |
899 |
|
Declines |
2176 |
1870 |
|
Up Volume |
238 |
227 |
|
Down Volume |
521 |
410 |
|
New Hi's |
83 |
41 |
|
New Lo's |
24 |
42 |
|
Strongest Sectors |
Weakest Sectors |
| S&P Health Care Index (HCX) | Combined Telecom Index (IXTC) |
| GSTI Hardware Index (GHA) | Networking Index (NWX) |
| Pharmaceutical Index (DRG) | Natural Gas Index (XNG) |
Oil Inventories Slide, Gasoline Stockpiles Rise (full story).
Existing Home Sales Show Significant Decline In July (full story).
Darren Wong
darrenw@tradingmarkets.com
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