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Wed, Jun 7, 10:55 post meridiem
Yahoo News Exclusive: Expedition Australia
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Market Summary

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Dow Intraday
Nasdaq Intraday
Dow 10930.90-71.24(-0.65%)
Nasdaq 2151.80-10.99(-0.51%)
S&P 500 1256.15-7+(+0.00%)
10-Yr Bond5.026%+0.00 
NYSE Volume2,644,337,000
Nasdaq Volume1,989,395,000
Quotes are delayed 20 minutes.>

Market Update

4:20 pm : What was shaping up to be a respectable bounce following a few more days of selling gave way to another disappointing ending for bulls when buying interest faded throughout the afternoon amid ongoing concerns about the pace of economic activity. When the closing bell rang, the major indices were at their lows for the day.

The market opened slightly higher as Tuesday's last-ditch effort to get stocks back on the buying track, based on the idea that recent selling was overdone, renewed hopes that yesterday's three-month low on the Dow (10,890) was in fact the bottom

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Stock Upgrades & Downgrades

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UpgradesJun 7 1:25pm PT
AeroflexAbove Average
AmeriGas PartnersBuy
AonBuy
Black Hills CorpEqual-weight
BroadcomBuy
C.H. RobinsonNeutral
ConneticsHold
more... 
DowngradesJun 7 1:25pm PT
Borg WarnerNeutral
Boston Beer CoSell
ChemturaHold
DIRECTVUnderperform
Dow ChemicalHold
DuPontHold
EchoStarIn-Line
more... 
InitiatedJun 7 1:25pm PT
aQuantiveHold
Array BiopharmaBuy
AvanexSector Perform
Bookham TechSector Perform
CaterpillarBuy
CorelBuy
CorgentechBuy
more... 
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Best Fare Tracker

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Depart: New York, NY - all
Paris, France - all$330.00
Depart: Seattle/Tacoma, WA
Honolulu, HI$393.00
Depart: San Francisco, CA
London, United Kingdom - all$498.00
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Music Video of the Day

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The Best of All Genres
Pink - Who Knew
Music Video Spotlight

Top Videos: 05/29/2006
1.  Hips Don't Lie
Shakira
2.  Ridin'
Chamillionaire
3.  Promiscuous
Nelly Furtado
4.  Buttons
Pussycat Dolls
5.  Snap Yo Fingers
Lil Jon
    
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RealAge Tip of the Day

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Top 10 Veggies List
Make sure the vegetables you eat the most are the most nutritious veggies you can eat.   more
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General Health Tip

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The Blue Plate Special.
The healthiest picks at a diner: Grilled chicken sandwich; broiled fish; white meat turkey dinner, gravy on the side; chili; peel 'n' eat shrimp; broth; egg-white omelet; baked potato; buckwheat pancakes.    More
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Word of the Day

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Information provided by Petersons.com
benevolent
DEFINITION (adjective) wishing or doing good.
EXAMPLE:  In old age, Carnegie used his wealth for benevolent purposes, donating large sums to found libraries and schools.
SYNONYMS altruistic, generous

Yesterday's Word of the Day
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National Enquirer

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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

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Star Magazine

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KATIE HOLMES: FEARING FOR HER TOMKITTEN
Katie Holmes was already worried about the upcoming birth of her baby. According to the tenets of 43-year-old fiancé Tom Cruise's religion, Scientology, she'll have to be silent (not even a moan!) during the delivery, lest the trauma be imprinted in her baby's brain. Plus, a source says, "Only Tom and a few Scientology supporters will be in the room — not Katie's mother!" And Scientology advocates separating the baby from its mother for at least the first 24 hours after birth. Now...
 IT'S OVER! KRISTIN CHEATS ON NICK WITH HER EX!
 ANGELINA PILOTING HER PLANE AT 7 1/2 MONTHS: IS SHE CRAZY?

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Company News

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AGMCX Jun 7 12:10am PT 
DIA Jun 6 3:30pm PT 
QQQQ Jun 6 3:30pm PT 
SPY Jun 7 11:40am PT 
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Currency Converter

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into
CurrencyU.S. Dollar (USD)Euro (EUR)Canadian Dollar (CAD)Japanese Yen (JPY)Australian Dollar (AUD)
USD11.2778000.8967810.008784260.744000
EUR0.78241110.7016510.006872900.582114
CAD1.1145001.42410810.009790060.829188
JPY113.7900145.4009102.0447184.65976
AUD1.3431831.7163201.2045400.01179891
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TV Listings

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Diet and Health Tip

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eDiets' Tip of the Day
It’s a good idea to increase your fiber intake because high  More...
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Lead Photo

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Reuters PhotoHouse panel clears another $50 billion for Iraq
U.S. soldiers escort buses with Iraqi prisoners shortly after they were released from a jail in Baghdad June 7, 2006. (Ali Jasim/Reuters)
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In Play®

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2:26 pm PT Abraxis Bioscienc Receives Approval in Canada for ABRAXANE to Treat Metastatic Breast Cancer Including First-Line Disease (ABBI) 27.21 -0.11 : Co announced it has received approval for ABRAXANE for Injectable Suspension (paclitaxel powder for injectable suspension) (nanoparticle, albumin-bound (nab) paclitaxel) from the Therapeutic Products Directorate of Health Canada under a Notice of Compliance for the treatment of metastatic breast cancer in Canada. Canada is the first major commercial market to grant an approval for ABRAXANE that includes first-line treatment of metastatic breast cancer. The co, through its Canadian affiliate of Abraxis Oncology, anticipates launching ABRAXANE late in the third quarter of 2006.
1:36 pm PT Market Wrap : After what was shaping up to be a respectable bounce following a few more days of consolidation, early recovery efforts came up short, as buying interest faded throughout the afternoon and ongoing interest rate uncertainty plagued equities again, closing the major indices at session lows.

1:15 pm PT Navistar and U.A.W. reach tentative agreement (NAV) 25.98 : International Truck and Engine Corporation, the operating co of NAV, and the leadership of the United Auto Workers (UAW) union have reached tentative agreement on a new four-year labor contract was announced this afternoon. The agreement is subject to ratification vote by the U.A.W. membership, which will take place Thursday, June 8, 2006. No details will be announced pending ratification.
Information provided by Briefing.comMore
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