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Market Rally Stalls

By John Patrick Lee | TradingMarkets.com
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Market rally stalls; S&P500 and Nasdaq in the red while Dow closed up for the day.

Crude oil futures closed up, fractionally higher.

Best Buy (BBY | Quote | Chart | News | PowerRating) closed up over 8% after beating earnings expectations.

Stocks On The Move

AIG (AIG | Quote | Chart | News | PowerRating) Power Rating Agrees To Pay $1.64 Bln To Settle Govt. Probes (full story).

XM Satellite Radio (XMSR | Quote | Chart | News | PowerRating) Power Rating Enters Agreement With Harpo Radio To Launch "Oprah & Friends" (full story).

Tommy Hilfiger (TOM | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Drops 23.27%, Revenue Down 8% (full story).

Aetna (AET | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Rises, Tops Estimates On Higher Premiums And Fee Rates (full story).

Best Buy (BBY | Quote | Chart | News | PowerRating) Power Rating Raises Q4, FY06 EPS Outlooks Above Street Views (full story).

Marriott (MAR | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Rises 25% On Higher Revenue And REVPAR (full story).

AutoNation (AN | Quote | Chart | News | PowerRating) Power Rating Q4, FY05 Profits, Revenues Fall Affected By Challenging Auto Retail Environment, Hurricane Wilma (full story).

Automatic Data Processing (ADP | Quote | Chart | News | PowerRating) Power Rating To Sell Claims Services Unit To Solera For $975 Mln Cash (full story).

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

Dow

+24.89

10,883.51

NASDAQ

-11.11

2,255.87

S&P 500

-1.87

1,263.78

NYSE

NASDAQ

Volume

2,317,722,000

2,314,973,000

Advances

1680

1352

Declines

1574

1662

Up Volume

969

1093

Down Volume

1102

1010

New Hi's

131

158

New Lo's

14

27

 

Strongest Sectors

Weakest Sectors

Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating) Oil Service (OSX | Quote | Chart | News | PowerRating)
Gold and Silver (XAU | Quote | Chart | News | PowerRating) Deutsche Bank Energy (DXE | Quote | Chart | News | PowerRating)
Nasdaq Combined Transport (TRANX | Quote | Chart | News | PowerRating) Oil (XOI | Quote | Chart | News | PowerRating)

Economic News

Jobless Claims Rise Much Less Than Expected (full story).

Wholesale Sales And Inventories Increase In December (full story).

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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