| Market Summary | ![[edit]](http://us.i1.yimg.com/us.yimg.com/i/my/edit2.gif) | |
| Most Actives | |
| Advances & Declines | | | NYSE | Nasdaq | | Advances | 1348 | (40%) | 1423 | (47%) | | Declines | 1830 | (54%) | 1574 | (52%) | | Unchanged | 172 | (5%) | 12 | (0%) |
| | Up Vol* | 352 | (43%) | 492 | (46%) | | Down Vol* | 443 | (54%) | 543 | (51%) | | Unch. Vol* | 17 | (2%) | 19 | (1%) |
| | New Hi's | 117 | | 201 | | | New Lo's | 45 | | 10 | | | *in millions | more... |
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| | Market Update | Add to My Yahoo! | | 1:00PM: The stock market pares its losses once again, although it remains unable to make any headway against the unchanged mark... Specifically, the Nasdaq and S&P 500 have both crossed into positive territory in the past hour, but have been unable to stay within that area as their respective flat lines have proven to be formidable points of resistance... Selling pressure has been steady, and far-reaching, in industries as diverse as oil driller, large-cap technology issues, and gold... The price of gold has fallen $2.90, to $368.80/oz, and precipitated the drop in the gold issues... The latter has weakened as the dollar has climbed against the euro, diminishing some of its investment appeal...NYSE Adv/Dec 1253/1888, Nasdaq Adv/Dec 1339/1618 12:30PM: The rally attempt loses steam, as the major indices hold steady in modestly negative territory... The technology, homebuilding, and financial sectors perked up the most on talk of Saddam Hussein's capture, and took with them other influential areas such as retail and biotech... Although the indices are much improved from their earlier standing, the breadth figures continue to sport a negative bias with decliners outpacing advancers by a respectable margin at the NYSE and Nasdaq... The treasury market has also maintained a cautious stance, with the 10-year note down 11 ticks, bringing its yield to 4.33%... | | more... |
| In Play® | Add to My Yahoo! | | 12:57PM Cyberonics upped to Outperform at Leerink Swann; target $50 (CYBX) 29.76 +3.02: -- Update -- 12:51PM Matrix Service Co -- Small-Cap Profile (MTRX) 17.53 +0.34: Matrix Service Co (+2.0%) is showing some relative strength today as the OSX (-2.6%) scrapes along its session lows. The co provides specialized on-site maintenance and construction services for petroleum refining and storage facilities, as well as water storage tanks and systems for the municipal and private sectors. In recent news, the co was chosen to join the Russell 3000 Index, and raised FY04 guidance on May 29 well above consensus. Analysts currently expect the co to grow FY03 (May) EPS by 25% to $0.91 (P/E 19.2x) and to grow 2004 EPS by 72% to $1.58 (P/E 11.1x). Mkt cap: $137 mln, float: 6.4 mln shares, avg daily volume: 84k shares. 12:40PM Volume Alert -- Schnitzer Steel spikes to July high at 47.50 (SCHN) 46.89 +0.89: | | more... |
| Today's Highlights | | Upgrades | | Company Name | Symbol | Details | Analyst | | Sprint PCS | PCS | Peer Perform | Bear Stearns | | Omega Health | OHI | Buy | Legg Mason | | Energy East | EAS | Buy | AG Edwards | | more... | | Downgrades | | Company Name | Symbol | Details | Analyst | | Riggs National | RIGS | Hold | Ferris Baker Watts | | Barrick Gold | ABX | Sector Perform | RBC Capital Mkts | | Insight Enterpr | NSIT | Hold | AG Edwards | | more... | | Earnings | | Company Name | Symbol | EPS Estimate | Call | | BP PLC | BP | 0.79 | N/A | | Verizon Communications | VZ | 0.68 | N/A | | Telefonica SA | TEF | N/A | N/A | | more... | | Economic | | Statistic | For/Time | Actual | Prior | | Consumer Confidence | Jul/10:00 am | 76.6 | 83.5 | | more... |
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