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TradingMarkets Mid-Day Movers

By John Patrick Lee | TradingMarkets.com
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The markets rally after a two-day sell-off, but the mood remains skeptical in the wake of Bernanke's inflationary comments.

DuPont (DD | Quote | Chart | News | PowerRating) fell 1.6% after a downgrade at Deutsche Bank.  DD's downgrade came with a slew of other chemical company downgrades, including Dow Chemical (DOW | Quote | Chart | News | PowerRating), Chemtura (CEM | Quote | Chart | News | PowerRating), Westlake Chemical (WLK | Quote | Chart | News | PowerRating) and Valspar (VAL | Quote | Chart | News | PowerRating).

Crude oil futures fell 2.17% in morning trading after the Energy Department announced a rise in crude inventories.

Stocks On The Move

Vail Resorts (MTN | Quote | Chart | News | PowerRating) Power Rating Q3 Profit Rises 16% On Higher Ticket Prices, Skier Visits; EPS Before Items Tops Estimate; Lifts FY06 Profit Outlook (full story).

Fairchild Semiconductor (FCS | Quote | Chart | News | PowerRating) Power Rating Backs Q2 Revenue Outlook (full story).

Palatin Technologies (PTN | Quote | Chart | News | PowerRating) Power Rating To Defend Arbitration Filed By Competitive Technologies (CTT | Quote | Chart | News | PowerRating) Power Rating (full story).

ValueClick (VCLK | Quote | Chart | News | PowerRating) Power Rating Appoints Tom Vadnais President; COO Jeffrey Pullen Quits (full story).

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

Dow

+43.78

11,045.92

NASDAQ

+13.22

2,176.00

S&P 500

+4.80

1,268.65

NYSE

NASDAQ

Volume

975,732,000

759,427,000

Advances

1760

1709

Declines

1279

1096

Up Volume

471

450

Down Volume

382

237

New Hi's

20

47

New Lo's

58

60

Sectors

Strongest Sectors

Weakest Sectors

S&P Health Care (HCX | Quote | Chart | News | PowerRating) GSTI Semiconductor (GSM | Quote | Chart | News | PowerRating)
Morgan Stanley Health Products (RXP | Quote | Chart | News | PowerRating) North American Telecoms (XTC | Quote | Chart | News | PowerRating)
S&P Banks (BIX | Quote | Chart | News | PowerRating) Computer Technology (XCI | Quote | Chart | News | PowerRating)

Economic News

Crude Inventories Rise In Most Recent Week (full story).

A new round of foreign economic reports that came out today.  Check them out here.

John Patrick Lee
johnl@tradingmarkets.com

To sign up for Gary Kaltbaum's training classes, along with other exciting TradingMarkets educational sessions, click here.


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