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Mon, Jan 9, 10:55 post meridiem
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Dow Intraday
Nasdaq Intraday
Dow 11011.90+52.59(+0.48%)
Nasdaq 2318.69+13.07(+0.57%)
S&P 500 1290.15+0.00(+0.00%)
10-Yr Bond4.379%+0.00 
NYSE Volume2,310,019,000
Nasdaq Volume2,039,400,000
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Market Update

4:20 pm : For the fifth consecutive session, the equity market's major averages closed higher and extended the momentum with which they rang in 2006. While they had maintained positive footing since the morning, the Dow's clearance of a key technical level at which it had not closed since 2001, 11,000, helped increase afternoon buying efforts.

The market lacked much trading catalyst today, as both the corporate and economic fronts were deficient of much market-moving news. Nonetheless, a bullish bias dominated and sent seven of the ten economic sectors higher. On account of

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Stock Upgrades & Downgrades

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UpgradesJan 6 9:00am PT
Advanced Medical OpticsOutperform
AFLACBuy
AMVESCAP PLCOutperform
Arrow IntlAccumulate
BEA SystemsOutperform
Boston ScientificOutperform
Boyd GamingBuy
more... 
DowngradesJan 6 9:00am PT
AffymetrixAbove Average
Ameriprise FinancialSell
Arch CoalHold
Argonaut GroupHold
BiometUnderperform
Borg WarnerHold
China MobileNeutral
more... 
InitiatedJan 6 9:00am PT
AetnaBuy
American Equity Investment LifeOutperform
AmerUs LifeOutperform
aQuantiveNeutral
AshlandOutperform
Blue CoatBuy
BroadwingHold
more... 
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Blink 182 - Not Now
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Giving Is Good for You
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Men: Eat More Tomatoes.
Research suggests that lycopene, a substance found in tomatoes, may play a role in lowering men's odds of developing prostate cancer. Cooked tomato products, such as tomato sauce, are particularly healthful.    More

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Word of the Day

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Information provided by Petersons.com
derivative
DEFINITION (adjective) taken from a particular source.
EXAMPLE:  When a person first writes poetry, her poems are apt to be derivative of whatever poetry she most enjoys reading.
SYNONYMS borrowed, copied, not original

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National Enquirer

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DESTINY'S CHILD'S LAST PERFORMANCE
CBS has announced that its Fashion Rocks special on September 9 will feature the final TV performance for Destiny's Child. The special will also feature David Bowie, Duran Duran, Alicia Keys and Rob Thomas.
 DANA REEVE'S FATHER SPEAKS OUT ABOUT HER CANCER
 CHRISTOPHER REEVE'S WIDOW DIAGNOSED WITH CANCER

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Star Magazine

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JESSICA'S DIVA DEMANDS
Jessica Simpson, 25, likes to act clueless, but she can swing her celebrity weight like a pro. According to a studio source, weeks before the press tour for The Dukes of Hazzard began, "we were bombarded with a six-page pamphlet of demands for Jessica from the office of her dad, Joe Simpson." Among Jessica's requests: paid accommodations for her hairstylist and assistant in the same hotel as Jessica; a wardrobe budget estimated in the thousands of dollars; cases of Evian water; and paid private...
 JEN FREAKS OVER ANGELINA'S NEW BABY
 JULIA STILES, GWYNETH PALTROW AND MORE!

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Company News

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DIA Jan 7 6:00am PT 
QQQQ Jan 9 9:59am PT 
SPY Jan 9 1:25pm PT 
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CurrencyU.S. Dollar (USD)Euro (EUR)Canadian Dollar (CAD)Japanese Yen (JPY)Australian Dollar (AUD)
USD11.2053000.8557250.008726770.748700
EUR0.82939410.7097330.007237930.620968
CAD1.1679001.40767010.01019200.874407
JPY114.5400138.055198.01472185.75613
AUD1.3342231.6081391.1417280.01164351
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eDiets' Tip of the Day
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Lead Photo

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Reuters PhotoAlito vows to administer equal justice
Supreme Court nominee Samuel Alito (L) arrives at his Senate confirmation hearing on Capitol Hill with Ranking Democratic Member Sen. Patrick Leahy (D-VT) in Washington January 9, 2006. (Kevin Lamarque/Reuters)
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In Play®

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3:28 pm PT AFC Reports Q4 Op Results and Issues Y06 Guidance (AFCE) 15.17 : Co reported sales growth was up 6.9% for the 4Q05, compared to up 3.2% for 4Q04. Co opened 43 Popeyes restaurants during Q4, compared to 28 in 4Q04. For 2006, Co expects domestic same-store sales growth of 2.0-3.0% driven by the introduction of new menu items, increased promotional activity, continued operational improvements, and more effective food-focused advertising.
3:11 pm PT Belo provides Y06 Outlook (BLC) 22.45 : Revenues are expected to increase in the high-single digits with a mid-to-high single digit increase in expenses. Consolidated EBITDA and earnings from operations are projected to increase in the high-single digits for full-year 2006.
2:46 pm PT Market Wrap : For the fifth consecutive session, the equity markets major averages closed higher and extended the momentum with which they rang in 2006. While they had maintained positive footing since the morning, the Dows clearance of a key technical level at which it had not closed since 2001, 11,000, helped increase afternoon buying efforts.
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