4:20 pm : What was shaping up to be a respectable bounce after several days of consolidation created a sense that stocks were oversold on a short-term basis lost steam going into the close as inflation fears returned. The Dow�failed to reclaim some of the 4.1% it has lost since topping out at a five-year high on May 5th. The Nasdaq fared even worse, relinquishing a 1.2% intraday which would have brought the index close to breakeven for the year before closing at a new six-month low.
Before the bell, stocks regained some upside traction as investors came to the
Skip the Refined Carbs. Simple starches and sugars provide none of the health benefits of whole grains that are rich in fiber, vitamins, minerals and phytochemicals. For a healthier diet, choose complex carbohydrates from fruits, vegetables and grains close to their original form.
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NATALEE'S UNCLE SAYS 'RE-ARREST DEEPAK!'
Natalee Holloway's uncle is demanding that suspect Deepak Kalpoe be re-arrested in the 10-month-old mystery of the pretty blonde honor student who disappeared in Aruba. Deepak, his brother Satish and Joran van der Sloot were with the Alabama teen, pictured center, when she was last seen leaving a bar on the island in the early hours of May 30. Her uncle Paul Reynolds told The National Enquirer that he believes Deepak, 21, should be the chief suspect instead of van der Sloot, 18. Reynolds also... •STAR JONES CHEATS DEATH AS SHE UNDERGOES PLASTIC SURGERY •A WILD NIGHT OUT FOR JESSE & HIS PARTY PAL LINDSAY
Star Magazine
KATIE HOLMES: FEARING FOR HER TOMKITTEN
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Bush cautiously welcomes Olmert's West Bank plan Palestinians watch U.S. President George W. Bush (C) and Prime Minister of Israel Ehud Olmert giving a news conference at the White House in Washington, on television in the West Bank city of Hebron, May 23, 2006. Bush gave a cautious welcome to Olmert's plan for the West Bank on Tuesday but said peace would best be served by a negotiated agreement with the Palestinians. (Nayef Hashlamoun/Reuters)
3:53 pm PT After hours Summary: ANST up +5.8% on earnings : Companies moving in after hours trading in reaction to earnings: Trading Up:ANST +5.8%; LNUX +5.7%;�MDT +2.2%... Trading Down:CSC -2.7%; SNIC -2.6%... Companies moving in reaction to news: Trading Up:GNVC +10.4% (overall patient survival for all dose levels is currently 83% at 18 months, which compares favorably to six comparable recent studies); AVCT +9.8% (Announces New Stock Buyback Program; Shares Expected to be Used in LANDesk Acquisition ); ONNN +2.1% (to jointly develop carbon nanotube technology)... Trading Down:DHB -45.5% (Receives Notice from the American Stock Exchange of Noncompliance with Certain Continued Listing Standards); TVIA -10.8% (postpones scheduled earnings conf call)... Mentioned on Mad Money:SAFM +1.4%
3:16 pm PT CNBC Guests of Interest for Tomorrow, May 24th : Guests of interest include: Squawk Box 6:00 AM - 9:00 AM ET: Jim Gillespie Coldwell Banker Real Estate CEO, Art Collins Medtronic Chairman & CEO, Jim Flaherty Canadian Finance Minister, Jim Jubak CNBC.com on MSN Senior Markets Editor... Power Lunch 12:00 PM - 2:00 PM ET: Steve Wozniak Wheels of Zeus Apple Computer Co-Founder... Street Signs 2:00 PM -- 3:00 PM Arkadi Kuhlmann ING Direct USA Chairman & CEO... Closing Bell 3:00 PM - 5:00 PM ET: Jim Buckmaster craigslist.com President & CEO, Marc Benioff Salesforce.com CEO, William Browder Hermitage Capital Management CEO, Robert Rodriguez First Pacific Advisors Principal & CEO (for company)... Kudlow & Cramer 5:00 PM -- 6:00 PM William Hecht PPL Chairman & CEO
2:57 pm PT DHB Industries Receives Notice from the American Stock Exchange of Noncompliance with Certain Continued Listing Standards (DHB) 2.22 +0.10 : �
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