Archive for 2006

** MORNING WRAP **

** US MARKETS **
Dow 0,12%; Nasdaq 0,28%; S&P 0,35%; Soxx 0,13%; Russel2k 0,35%; DJAIG 0,11%;
10yr Bond -0,01%; 10yr Yield 4,51%; Crude future 61,1; Gold 640,1

| Energy 1,89%| Utilities 0,6%| Technology 0,46%| ConsStaples 0,45%| Healthcare
0,4%| Telecom 0,33%| Materials 0,12%| Financials 0,07%| ConsDisc -0,19%|
Industrials -0,27%

– Bernanke Watches Rising Cost of Labor for Signs Inflation Will Accelerate – JPMorgan [...]

*NOKIA CUTS OPERATING MARGIN TARGET TO 15% FROM 17%

** MORNING WRAP **

** US MARKETS **
Dow 1,29%; Nasdaq -2,21%; S&P -1,36%; Soxx -2,35%; Russel2k -2,55%; DJAIG
2,12%; 10yr Bond 0,04%; 10yr Yield 4,53%; Crude future 60,21; Gold 638,7

| Energy -0,31%| Healthcare -0,64%| Telecom -0,76%| Utilities -0,89%|
ConsStaples -1,18%| Industrials -1,3%| ConsDisc -1,42%| Materials -1,51%|
Financials -1,62%| Technology -2,46%

– Palm Inc. dropped 62 cents, or 4 percent, to $14.75. The maker [...]

Kashagan Oilfield (Total, RDS, Exxon, Conoco-ph.)

Kashagan Oilfield (Total, RDS, Exxon, Conoco-ph.) to produce 25% more than 13bn
barrels earlier estimated, says FT headline.

** MORNING WRAP **

** US MARKETS **
Dow 0,38%; Nasdaq -0,23%; S&P -0,37%; Soxx -0,61%; Russel2k -0,08%; DJAIG 0%;
10yr Bond -0,04%; 10yr Yield 4,55%; Crude future 60,1; Gold 641

| Utilities 0,15%| Materials 0,07%| Telecom -0,04%| Technology -0,29%|
Financials -0,35%| ConsStaples -0,35%| Industrials -0,41%| Energy -0,42%|
ConsDisc -0,55%| Healthcare -0,61% Fed’s Poole Says Eurodollar Futures Fail to Predict Interest Rate Changes – Homebuilder [...]

* EUR/USD BREAKS ABOVE 1.30

On speculation that the rate gap between the U.S and Europe will narrow. Exporters are offered on European equities exchanges as a consequence.

** MORNING WRAP **

** US MARKETS **
Dow 0,04%; Nasdaq 0,45%; S&P 0,23%; Soxx 1,24%; Russel2k 0,09%; DJAIG 0,58%;
10yr Bond 0,07%; 10yr Yield 4,56%; Crude future 59,3; Gold 629,5

| Materials 1,27%| Technology 0,85%| ConsStaples 0,29%| Utilities 0,26%|
Healthcare 0,24%| ConsDisc 0,22%| Industrials 0,15%| Financials 0,11%| Telecom
-0,38%| Energy -0,56% Markets will be shut for the Thanksgiving holiday today and will trade [...]

** MORNING WRAP **

** US MARKETS **
Dow 0,3%; Nasdaq 0,13%; S&P 0,1%; Soxx -0,55%; Russel2k -0,29%; DJAIG 0,31%;
10yr Bond 0,12%; 10yr Yield 4,59%; Crude future 58,32; Gold 623,8

| Telecom 1,35%| Energy 0,87%| Healthcare 0,33%| ConsStaples 0,21%| Utilities
0,13%| Industrials 0,1%| Materials -0,06%| Technology -0,16%| Financials -0,21%|
ConsDisc -0,24%

– FreeportMcMoRan to Buy Phelps Dodge for $25.9 Billion in Cash and Stock – [...]

* JAPAN TSUNAMI ALERT

DJ TSUNAMI EXPECTED TO HIT NORTH,EAST JAPAN AROUND 1210 GMT
DJ JAPAN TSUNAMI TO BE AT LEAST 2M TALL - WEATHER AGENCY
DJ QUAKE OF MAGNITUDE 8.1 HITS KURIL ISLANDS NORTH OF JAPAN

*US AIRWAYS MAKES MERGER OFFER TO DELTA AIR LINES