Monday, March 3, 2008

Indices close sharply lower

November 21. — stocks ‘ sell away ramped above in the last hour of business Wednesday and the main indices send back 2007 (the business investors daily supplied of Newstex) down close their intraday depths. According to introductory data nyse the composition terminated a loss 1,8%, lost the Dow and the S&P 500 1,6% ever, and which left nasdaq 1,3% to fall. The activity of the daily wiped profit off from the S&P 500’s for the year, while an acceptance set 1,3% small cap the S&P 600 down 4% year date. With 10% away of its new heights, the S&P 500 is official and nasdaq both in an intermediate correction. As expects, volume was brighter entering into the holiday. Security impact promoter by nearly a side edge 4-to-1 on both Austaeu. ITC of getting thing ITC dipped 7,35 or 13%, to 47,59 in the usual trade of more than eight times. That was underneath its long-term average value of a share 50-day since July its first close. Lehman Bros. cut the electrical utility program to correspond around weight of overweight and quoted downward arranged danger, if a floating ITC acquisition precipitates. A handful of stranger telecoms withdrew into heavier conversion. Telefonos De Mexico TMX gave back 1,24 to 34,37, Telefonica TEF 1,60 to 99,60 and Turkcell (nyse:TKC) to TKC 2,13 to 24.77. Foreign banks were the largest losers of the daily, there Banco Itau International Telecommunication Union 1,82 to 23,54, Icici bank (nyse:IBN) IBN 4,33 to 56,10 and Credicorp BAP 2,32 to 69,18 fell. All three are now below their lines 50-day. On the top side DEERE De 7,06 to 152,06 rose and recovered its line 50-day in the three-way normal activity. The manufacturer of the agricultural machines reported on fiscal profit Q4, which increased 57% and exceeded opinions by 33 cents per portion. Increased ethanol production loaded demand for its gear wheel. 3 P.M. AND updates: Indices cut losses, if they act late by Nancy Gondo stocks, were away away the earlier depths, but from continuous acting in the red into late handling. Starting from 2:45 P.M. EST, was nyse the composition down 1,1%, which Dow and S&P 500 everyone had 0,7% lost. The tech heavy nasdaq immersed 0,5%. Volume remained lower on both Austaeu before the Thanksgiving holiday. Trina solar TSL split down and fell 11,21 or 23%, to 37,67 in more than seven times the normal trade. The Chinese solar module manufacturer reported on sales Q3 on opinions, but its profit fell below from the prognoses. stock acted on his lowest levels for March. Among other things solar power (OTCBB:SOPW) stocks, Solar-JASO Halle 3,44 to 59,61 and SunPower SPWR 1,63 to 104.74. Both examine their long-term average values of a share 50-day, investment, manager their new acceptance extended. Eaton Vance EV lost 2,07 or nearly 5%, to 41,50 and for the first time affected its long-term average value of a share 200-day in two months. T. Rowe Price group of TROW gave above 2,74 to 58,08 in the three-way average conversion. It fell below its line 50-day in its third straight down learning section. On the top side TransDigm recovered group of TDG 1,20 to 48,10 in the above average volume. stock are 3%, which is shy from its recording, which is high from Monday. The manufacturer of the airplane engine systems and other parts increased recently fiscal growth of the profit Q4 to 63%, up from 54% and from 51% in the previous two quarters. 1 P.M. AND updates: Indices down, but, recoiling by Vincent Mao stocks, remained in the negative area at noon Wednesday, but they were away from the learning section depths probably. Around 12:43 P.M. EST, had nyse the composition 1,3%, which nasdaq 0,9%, S&P 500 0,8% and Dow 0,6% lost. Volume sought out lower on both Austaeu. That can continue for the remainder of the learning section, there many dealers was away before Thanksgiving. Crude oil main header, falling $1,34 to $96,69 a barrel despite another Drawdown in the VersorgunGSMaterialien up. Bidz.com BIDZ left 1,55 or 8%, until 17,45 in heavy acting falls. The on-line decoration oh retailer withdrew November 12 after an approach, which follows its quarterly income, communicated. Many Chinese and stranger expenditures took heat, while overseas markets sold away. China life insurance LFC fell the further south of its long-term average value of a share 50-day. Portions split down, falling 5,55 or 7%, to 76.25. On the top side Bucyrus international (nasdaq:BUCY) BUCY precedes strongly after a new impact away from its long-term average value of a share 50-day. Portions rose 1,17, to 81.96. MWI veterinarian VersorgunGSMaterial MWIV rose 0,88 to 41.63. The Tiergesundheitproduktverteiler preceded strongly for the fourth straight learning section. Its relative strength line already is at a new height. 11:15 a.m. AND updates: stocks sharp, expanded acceptance form dug deeper by Alan R. Elliott stocks into losses in the late morning, which acts as oil prices, which are geschubst over $98 a barrel. nyse and nasdaq compositions were both descent 1,9% around 10:56 a.m.. Est. The S&P 500 was down 1,5%, while the Dow showed a loss 1,1%. Volume was on nyse, lowers on nasdaq somewhat more highly. Rough prices held close from yesterday end by straight over $98 a barrel, until energy information line data showed a second week of the sloping VersorgunGSMaterialien. Gasoline and some gasoline mixture inventory increased. But distillates, the fuel oil close, fell sharply. Rough contracts for January delivery were up 30 cents with $98.33 a barrel. Still were mostly lower energy stocks. Selling was expanded, with only one handful by IBDs 197 industrial’s groups, which increase. An energy, name is, which was higher, was royal Dutch upper section RDSB, which climbed 1,32 to 82,91. stock, from a 15-week compression tried the natural gas and oil giant October. to break out 26. It slid back and to resistance now along its 10woechigen long-term average value of a share fights. Curvature BKE tanked and let 5,24 to 32,95 fall. The young man and woman dress retailer struck income Q3, but fell below from the income opinions. stock a compression deleted 18-week on October. 11. It slid now away from its October 31, which is well underneath its 10 and long-term average values of a share 40-week high. On the top side Siemens (nyse:SI) rose SI 0,49 to 142.09. stock apparent was unscathed by the expansion to Nigeria of the bribery test prods in his world-wide enterprises. stock had tried to break out from compression a 16-week November 8. It pulled back to test support on its 10woechigen average value of a share line. PepsiCo PEP ticked up 1,16 to 76. The lunch and alcohol-free beverage of portions heavyweights corrode new heights on firm volume. 10:15 a.m.. AND updates: stocks, which lower by Vincent Mao investors is opened, do not have much to be to for grateful as the Hauptstock of indexes stolperten in early acting Wednesday. Around 10:07 a.m.. Est, which left nyse composition 1,3% and nasdaq the 1,2% to fall. The S&P 500 gave above 1,1% and the Dow to 1%. A short excitement of the purchase failed in the last minutes, while the main averages pushed back toward to their depths of the daily. Retrogressive securities flooded promoters through approximately 3-to-1 on nyse and 2-to-1 on nasdaq. January rough 12 cents to $98,15 a barrel before the inventory out slid report on suitable with 10:30 EST. China finance on-LINE-JRJC split down and dipped 4,45 or 15% to 25.15. Late Tuesday, reported the financial data servicer on income Q3, which missed first call estimations. Crocs CROX split down and fell 1,57 to 37.11. The footwear and dress retailer open two east coast positions on Friday, quite-show at the holiday buying season. On the top side Google GOOG 3,40 to 651,94 added. The InterNet search giant found recently support at his long-term average value of a share 50-day. United other top side row prominent thing stocks a location at its lines 50-day formed. Financial stocks continue, with the SPDR financial ETF XLF fighting down 1.7%. If you load enormous country-wide CFC, which deleted nearly the whole Tue.’s 20% intraday loss, down 9% are today on mortgage. 9:15 a.m.. AND updates: stocks sentence for large Tumble by Vincent Mao stock futures showed to a much untereres opened Wednesday nasdaq, which stolperte future 23 points against appropriate value, S&P let 500 future 12 points fall and Dow future lost 145 points stocks ‘ late Tuesday of recoil views adjusted, in order to be short-lived. Overseas markets were lower in considerable extent. Index Seng case Hongs Kong dipped 4,1% and the Shanghai composition slipped 3.5%. German DAX let fall 2% and FTSE 100 of London lost 1.5%. Crude oil as strongly collected as $99,29 a barrel in electronic acting, the previous intraday recording set last week $98,62 breaking. Weaker dollar refuelled profits worries itself over VersorgunGSMaterial, refinery-miserable and that. January crude oil was the latter up 63 cents to $98,66 a barrel before the weekly energy inventory, which is suitable around 10:30 a.m.. Meanwhile the dollar its dia. continued against the euro and struck another low recording. It was lower against the Yen sharply, since danger-averse continued investors completing carry the trade of the Yen. Into economic messages initials fell unemployed persons of requirements by 11.000 last week to 333,000 and brought expectations together. Results on 10jaehrigen treasury bonds slid briefly under 4% for the first time in two years. Trina solar TSL took heat, after it reported on income Q3 below the opinions of the analysts. Portions swooned 14% with outside market acting. Other solar enterprises looked sentence, in order to sink. DEERE And Co. De left 2% in preopen after it supplied fiscal results Q4 comfortably over wall STR. Estimations run. “2007, DEERE profited from an improving global agricultural, yet said the saw, which weakens United States in the structure -, forestry -, advertisement and consumer sectors, mainly resulting from the housing business decrease,” the company. Patterson lettuce PDCO stolperte 15% in the in the free market. The tooth-medical VersorgunGSMaterial distributor reported fiscal profit and on sales of the second quarter below the opinions. And it led Q3 and full year income below the estimations. China medical technologies, which CMED 5% climbed in, preopen. Late Tuesday, exceeded the manufacturer of the ultrasonic products easily opinions with a 43% ascent in the fiscal income Q2. Sales jumped 72% to $28,6 million. Newstex identification: IBD-0001-21158936


Originally publishes in November 21, 2007 version of the daily paper business investors.


Copyright (C) 2007, business investors daily, Inc.. all rights reserve. This article was protected by United States copyright law and cannot not be reproduced possibly, be transferred distributed, indicated, published or transmission without the previous written permission of the daily paper business investors, Inc.. They cannot change or remove a registered registered trade mark, copyright or other message from the copies of contents.


.



source
bookmark this post:

Digg Indices close sharply lower at Digg.comBookmark Indices close sharply lowerBookmark  Indices close sharply lower at Spurl.netBookmark Indices close sharply lower at Simpy.comBookmark Indices close sharply lower at NewsVineBookmark Indices close sharply lower at Furl.netBookmark Indices close sharply lower at reddit.comFark Indices close sharply lower at Fark.comBookmark Indices close sharply lower at YahooMyWebBookmark Indices close sharply lower at BlinkBits