Seeking Alpha
Profile| Send Message|
( followers)  

From DealingFloor:

** US MARKETS **

Dow -0,45%; Nasdaq -0,61%; S&P -0,81%; Soxx 0,11%; Russel2k -1,47%; DJAIG -2,09%; 10yr Bond -0,09%; 10yr Yield 4,57%; Crude future 62,91; Gold 549,35
¦ Technology 0,09%¦ Healthcare -0,19%¦ Telecom -0,27%¦ ConsStaples -0,47%¦ Utilities -0,48%¦ Financials -0,57%¦ ConsDisc -0,65%¦ Industrials -0,8%¦ Materials -2,58%¦ Energy -3,67%

** TRADING HEADLINES **

- General Motors Cuts Dividend, Executive Pay, Health Benefits for Managers
- Stocks in U.S. Drop, Led by Energy Producers; Shares of Toll Brothers Fall
- Crude Oil Slides to Four-Week Low on Speculation U.S. Inventories Jumped
- Gold Tumbles by Most Since 2004 as Oil Price Drop Eases Inflation Concerns
- Coca-Cola Earnings Fall 28 Percent on Increased Marketing to Revive Sales
- U.S. Consumer Credit Finishes 2005 With Smallest Annual Gain in 13 Years
- Protective Agrees to Buy JPMorgan Chase Insurance Units for $1.2 Billion
- New Freddie Mac Treasurer Bitsberger Says Asian Investors Are Important

** AFTER HOURS **

- Cisco (+5.5% after hours) reported earnings of $1.38b or $0.22 a share, $0.26 excluding stock option expenses (consensus $0.25). Sales rose 9% to $6.63b. Gross profit margins increased to 68%. CEO Chambers said this quarter will be strong and revenue growth will accelerate for the next two periods.

Source: US Market Wrap for Tuesday