Index Watch

Index Watch
Name Trade Dir Change %
Volatility Index 23.80 Green Up 2.49 +11.68%
DJIA 0.00 0.00
S&P/TSX Composite 12101.98 Red Down -42.94 -0.35%
NASDAQ 2208.89 Red Down -24.86 -1.11%
S&P 500 1091.84 Red Down -12.67 -1.15%
Russell 2000 629.29 Red Down -14.07 -2.19%

Country ETF Watch

Country ETF Watch
Name Symbol Trade Dir Change %
India INP 66.97 Green Up 0.08 +0.12%
Japan EWJ 9.68 Red Down -0.01 -0.05%
Canada XIU.TO 17.76 Red Down -0.03 -0.17%
China FXI 40.54 Red Down -0.41 -1.00%
Europe EFA 51.76 Red Down -0.73 -1.39%
Brazil EWZ 69.54 Red Down -1.09 -1.54%
Mexico EWW 49.61 Red Down -0.83 -1.65%
Russia RSX 31.00 Red Down -0.66 -2.08%
Middle East and Africa GAF 64.53 Red Down -1.45 -2.20%

Sector ETF Watch

Sector ETF Watch
Name Symbol Trade Dir Change %
Consumer Staples XLP 27.18 Red Down -0.11 -0.40%
Utilities XLU 31.46 Red Down -0.16 -0.51%
Health Care XLV 29.00 Red Down -0.17 -0.58%
Technology XLK 21.55 Red Down -0.18 -0.83%
Industrial XLI 29.85 Red Down -0.28 -0.93%
Materials XLB 32.41 Red Down -0.32 -0.98%
Real Estate IYR 53.20 Red Down -0.75 -1.39%
Energy XLE 53.39 Red Down -0.81 -1.49%
Consumer Discretionary XLY 31.76 Red Down -0.52 -1.61%
Financial XLF 14.19 Red Down -0.33 -2.30%

Style ETF Watch

Style ETF Watch
Name Symbol Trade Dir Change %
Large Cap Growth IVW 56.47 Red Down -0.47 -0.83%
Mid Cap Growth IJK 82.43 Red Down -1.05 -1.26%
Large Cap Value IVE 52.69 Red Down -0.70 -1.31%
Mid Cap Value IJJ 67.61 Red Down -1.08 -1.57%
Small Cap Growth IJT 58.60 Red Down -1.04 -1.74%
Micro Cap IWC 38.98 Red Down -0.77 -1.94%
Small Cap Value IJS 58.88 Red Down -1.21 -2.01%

Commodity ETF Watch

Commodity ETF Watch
Name Symbol Trade Dir Change %
Gold GLD 122.70 Green Up 0.84 +0.69%
Gasoline UGA 32.29 Green Up 0.16 +0.50%
Base Metals DBB 20.84 Red Down -0.06 -0.29%
Agriculture DBA 26.88 Red Down -0.08 -0.30%
Silver SLV 19.36 Red Down -0.06 -0.31%
Oil USO 32.77 Red Down -0.32 -0.97%
Natural Gas UNG 6.46 Red Down -0.08 -1.25%

Bond ETF Watch

Bond ETF Watch
Name Symbol Trade Dir Change %
10-20 YR Treasury TLH 121.46 Green Up 1.27 +1.06%
1-3 YR Treasury SHY 84.25 Green Up 0.09 +0.11%

Currency ETF Watch

Currency ETF Watch
Name Symbol Trade Dir Change %
US Dollar Index UUP 24.04 Green Up 0.25 +1.05%
Japanese Yen FXY 118.18 Green Up 0.90 +0.77%
Swiss Franc FXF 98.30 Green Up 0.71 +0.73%
Australian Dollar FXA 91.17 Red Down -0.54 -0.59%
British Pound FXB 152.93 Red Down -0.96 -0.62%
Canadian Dollar FXC 94.88 Red Down -0.80 -0.84%
Euro FXE 126.48 Red Down -1.99 -1.55%
 
 

Financial Markets

The bears could lose control of the market this week, Jim Cramer says, and if they do, be prepared for a blastoff in cloud computing; breakouts in areas such as railroads, insurers and auto parts; and a bottom in the big banks and home builders.

The bears could lose control of the market this week, Jim Cramer says, and if they do, be prepared for a blastoff in cloud computing; breakouts in areas such as railroads, insurers and auto parts; and a bottom in the big banks and home builders. Post your comment!

On the hour: S&P -0.02%. 10-yr +0.68%. Euro -0.01% vs. dollar. Crude -0.34% to $73.84. Gold -0.14% to $1257.50.

On the hour: S&P -0.02%. 10-yr +0.68%. Euro -0.01% vs. dollar. Crude -0.34% to $73.84. Gold -0.14% to $1257.50. Post your comment!

Bristol-Myers Squibb (BMY) will buy ZymoGenetics (ZGEN) for $9.75/share in cash. The total purchase price is $885M, or about $735M million net of cash acquired. BMY says the purchase will lower earnings by $0.03/share in 2010 and by $0.07 in 2011. ZGEN +

Bristol-Myers Squibb (BMY) will buy ZymoGenetics (ZGEN) for $9.75/share in cash. The total purchase price is $885M, or about $735M million net of cash acquired. BMY says the purchase will lower earnings by $0.03/share in 2010 and by $0.07 in 2011. ZGEN +84%, BMY +0.3% AH. (PR) Post your comment!

Maybe Obama's constant announcing of new plans is, itself, an impediment to growth, Gregg Easterbrook writes. "When leaders act perpetually panicked, voters and business managers become nervous," and that's what happening now. The one thing he says Obama'

Maybe Obama's constant announcing of new plans is, itself, an impediment to growth, Gregg Easterbrook writes. "When leaders act perpetually panicked, voters and business managers become nervous," and that's what happening now. The one thing he says Obama's endless succession of plans has in common: They haven’t worked. 10 comments!

Obama's latest stimulus plan directs government assistance to some of the stronger parts of the economy without solving the unemployment problem, Emily Kaiser writes. The risk is that the plan succeeds only in pulling forward planned investments, which w

Obama's latest stimulus plan directs government assistance to some of the stronger parts of the economy without solving the unemployment problem, Emily Kaiser writes. The risk is that the plan succeeds only in pulling forward planned investments, which would do little to spur hiring and alter the sluggish growth trajectory. 2 comments!

On the hour: S&P -0.02%. 10-yr +0.68%. Euro -0.01% vs. dollar. Crude -1.1% to $73.78. Gold +0.42% to $1256.40.

On the hour: S&P -0.02%. 10-yr +0.68%. Euro -0.01% vs. dollar. Crude -1.1% to $73.78. Gold +0.42% to $1256.40. Post your comment!

Vodafone ([[VOD]] -1.5%) plans to sell its entire 3.2% stake in China Mobile ([[CHL]] -2.3%) for about $6.6B, Bloomberg reports.

Vodafone ([[VOD]] -1.5%) plans to sell its entire 3.2% stake in China Mobile ([[CHL]] -2.3%) for about $6.6B, Bloomberg reports. 2 comments!

Buffett vs. Betty: a Warren Buffett (BRK.A) love story that may not end that way, as Buffett and Charlie Munger offer to buy out the remaining 19.9% of Wesco they don't already own for ~$500M, but that's just book value. Standing in the way could be Betty

Buffett vs. Betty: a Warren Buffett (BRK.A) love story that may not end that way, as Buffett and Charlie Munger offer to buy out the remaining 19.9% of Wesco they don't already own for ~$500M, but that's just book value. Standing in the way could be Betty Peters, the daughter of Wesco's founder who recruited Buffett in 1973 to clean house. Post your comment!

Phillips-Van Heusen (PVH): Q2 EPS of $0.72 beats by $0.18. Revenue of $1.1B (+108%) in-line. Raises FY11 Revenue and EPS guidance to $4.44B - $4.47B and $3.70 - $3.80 respectively. Shares -0.9% AH. (PR)

Phillips-Van Heusen (PVH): Q2 EPS of $0.72 beats by $0.18. Revenue of $1.1B (+108%) in-line. Raises FY11 Revenue and EPS guidance to $4.44B - $4.47B and $3.70 - $3.80 respectively. Shares -0.9% AH. (PR) Post your comment!

Market recap: Big banks and energy issues pulled stocks sharply lower amid renewed concerns about the European banking sector. Despite the end of the holiday weekend, volume was even lower than the thin August average. Treasurys rallied, as the U.S. sold

Market recap: Big banks and energy issues pulled stocks sharply lower amid renewed concerns about the European banking sector. Despite the end of the holiday weekend, volume was even lower than the thin August average. Treasurys rallied, as the U.S. sold $33B in three-year notes at a record low yield of 0.79%. NYSE declining issues led advancers by more than three to one. Post your comment!

At the close: Dow -1.02% to 10341. S&P -1.15% to 1092. Nasdaq -1.11% to 2209. Treasurys: 30-year +1.14%. 10-yr +0.67%. 5-yr +0.38%. Commodities: Crude -1.21% to $73.70. Gold +0.47% to $1257.00. Currencies: Euro -1.41% vs. dollar. Yen +0.8%. Pound -0.23%.

At the close: Dow -1.02% to 10341. S&P -1.15% to 1092. Nasdaq -1.11% to 2209. Treasurys: 30-year +1.14%. 10-yr +0.67%. 5-yr +0.38%. Commodities: Crude -1.21% to $73.70. Gold +0.47% to $1257.00. Currencies: Euro -1.41% vs. dollar. Yen +0.8%. Pound -0.23%. Post your comment!

Wedbush maintains its $7 price target on Idenix Pharmaceuticals ([[IDIX]] -46.9%) even after the FDA placed a clinical hold on the IDX184 and IDX320 programs, due to liver toxicity observed in a drug-drug interaction study. But the firm says IDX184 has

Wedbush maintains its $7 price target on Idenix Pharmaceuticals ([[IDIX]] -46.9%) even after the FDA placed a clinical hold on the IDX184 and IDX320 programs, due to liver toxicity observed in a drug-drug interaction study. But the firm says IDX184 has the most data and likely is clean, and Wedbush says a three-month delay of does not materially affect the valuation model. Post your comment!

With a too-combative political situation, still elevated unemployment and no economic momentum, Doug Kass can't find a P/E-enriching market catalyst that will push stocks to the levels that some optimistic strategists are anticipating. The year's lows li

With a too-combative political situation, still elevated unemployment and no economic momentum, Doug Kass can't find a P/E-enriching market catalyst that will push stocks to the levels that some optimistic strategists are anticipating. The year's lows likely have been put in, he says, but it's hard to see valuations expanding past S&P 1150 this year. 5 comments!

The SEC has been flooded with tips from would-be whistle blowers since the financial reform bill promised fat rewards for information that helps root out financial fraud. "We've gotten some very high-quality tips," an SEC official says, but defense lawyer

The SEC has been flooded with tips from would-be whistle blowers since the financial reform bill promised fat rewards for information that helps root out financial fraud. "We've gotten some very high-quality tips," an SEC official says, but defense lawyers warn that the bounty program could spawn a flood of frivolous cases. 2 comments!

Eldorado Gold ([[EGO]] +1.1%) withdraws its bid for Andean Resources (ANDPF.PK) in light of Goldcorp's ([[GG]] -1.7%) higher $3.43B offer. Eldorado says its shareholders were concerned about the company entering into a "value-destroying auction" process.

Eldorado Gold ([[EGO]] +1.1%) withdraws its bid for Andean Resources (ANDPF.PK) in light of Goldcorp's ([[GG]] -1.7%) higher $3.43B offer. Eldorado says its shareholders were concerned about the company entering into a "value-destroying auction" process. Post your comment!

U.S. employers expect a slight gain in employment levels but no breakthrough in Q4, according to the latest Manpower survey. Still, it's "not enough to break through the labor market sound barrier that we're all eagerly anticipating, as 71% of employers i

U.S. employers expect a slight gain in employment levels but no breakthrough in Q4, according to the latest Manpower survey. Still, it's "not enough to break through the labor market sound barrier that we're all eagerly anticipating, as 71% of employers indicate no change in hiring," Manpower's Jeff Joerres says. 1 comment!

On the hour: Dow -0.98%. 10-yr +0.66%. Euro -1.42% vs. dollar. Crude -1.05% to $73.82. Gold +0.63% to $1259.00.

On the hour: Dow -0.98%. 10-yr +0.66%. Euro -1.42% vs. dollar. Crude -1.05% to $73.82. Gold +0.63% to $1259.00. Post your comment!

Hewlett-Packard ([[HPQ]] -0.8%) sues former CEO Mark Hurd for violating confidentiality agreements, one day after he is named president of Oracle ([[ORCL]] +5.4%)

Hewlett-Packard ([[HPQ]] -0.8%) sues former CEO Mark Hurd for violating confidentiality agreements, one day after he is named president of Oracle ([[ORCL]] +5.4%) 4 comments!

More U.S. stocks are paying dividends that exceed bond yields than at any time in at least 15 years, as 68 companies in the S&P 500 offer payouts that top the 3.8% average rate in credit markets. It means stocks look cheap if the U.S. is just experiencing

More U.S. stocks are paying dividends that exceed bond yields than at any time in at least 15 years, as 68 companies in the S&P 500 offer payouts that top the 3.8% average rate in credit markets. It means stocks look cheap if the U.S. is just experiencing a slowdown, but if we're headed into a double-dip... 3 comments!

Boeing ([[BA]] -1.5%) says it will consolidate its military aircraft business to four divisions from six, likely resulting in work reductions, including a 10% cut in the unit's executive positions. Also, it is "actively" looking at potential acquisitio

Boeing ([[BA]] -1.5%) says it will consolidate its military aircraft business to four divisions from six, likely resulting in work reductions, including a 10% cut in the unit's executive positions. Also, it is "actively" looking at potential acquisitions and will not rule out a merger with another large defense contractor, Boeing's head of defense says. 1 comment!