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TradingMarkets Mid-Day Movers

By Darren Wong | TradingMarkets.com
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Semiconductors get hit as Marvell Tech lowers sales projections.  Major indices trade fractionally higher.  Crude oil futures drop to 10-month lows, currently down 3% to $59.20.

Stocks on the Move

Marvell To Restate Prior Results Due To Option Probe, Cuts Q3 Revenue Outlook (full story).  MRVL shares drop by over 14%.

Kohl's September Comp. Up 16.3%; Boosts Q3 EPS Target (full story).  KSS shares rise by 1.1%.

ConocoPhillips Expects Sequential Drop In Q3 Production (full story).  COP shares fall by 2.6%.

Jeffrey Kindler - Will He Script A New Playbook At Pfizer (full story)?  PFE shares are trading fractionally higher this morning.

Alaska Air Group Posts Higher September Traffic (full story).  ALK shares are trading up by over 4%. 

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

Market Snapshot

Dow

+34.42

11,704.77

NASDAQ

+0.18

2,237.78

S&P 500

+2.43 1,332.71

NYSE

NASDAQ

Volume

985,410,000

752,996,000

Advances

1481

1276

Declines

1586

1514

Up Volume

332

244

Down Volume

512

400

New Hi's

67

45

New Lo's

41

61

Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors

Nasdaq Transportation Index (TRANX)

PHLX Oil Services Sector Index (OSX)
Amex Airline Index (XAL) Amex Gold Bugs Index (HUI)
S&P Retail Index (RLX) PHLX Gold and Silver Sector (XAU)

Economic News

No economic reports released this morning.

Darren Wong
darrenw@tradingmarkets.com

Use our most popular trading tool to find out how your stocks will move in the next 5 days.


 

 


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