4:20 pm : In a manner of speaking, the stock market closed the second quarter on a boring note as the major indices stuck to a very narrow trading range from the sound of the opening bell.� The directionless market was a by-product of many participants going into vacation-mode shortly after a key inflation report at 08:30 ET provided an all-clear signal to go out and enjoy the weekend.
The report we are referring to is the core-PCE deflator, a component of the personal income and spending report.� Its importance to the market is anchored in the understanding that it
Silence Is Golden Go ahead, turn up the smooth jazz -- but hit the pause button once in a while, too.
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General Health Tip
Keep a Food Diary. The best way to start eating healthier is to log everything you eat for 3 days. The first step in changing for the better -- see how often you eat 5 fruits and vegetables a day. Make reaching that mark your first goal.
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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
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?
Gaza militants demand 1,000 prisoners for Israeli Israeli gunners stand by a mobile artillery piece as it fires into the southern Gaza Strip from Nir Yizhaq on the border with Israel, June 30, 2006. (Ronen Zvulun/Reuters)
2:32 pm PT Market Internals (MKTIN) : The Dow decreased 0.36% closing at 11150, the Nasdaq was down 0.11 % to finish at 2172, and the S&P was down 0.21% to finish at 1270. Leading sectors included: auto manu +8.5%, IT consulting and services +2.8%, diversified commercial and prof svcs +2.1%, oil and gas exploration and produciton +1.9%, casinos and gaming +1.7%. Lagging sectors included: distillers and vintners -2.9%, health care supp -2.2%, household products -1.9%, home improvement retail -1.8%, data processing and outsourced services -1.7. Today's movement came from above average volume (NYSE 1914, vs. closing avg of 1740; Nasdaq 2579, vs. 2119), with higher advance/decline ratios (NYSE 2277/1029; Nasdaq 1826/1234, and with new highs outpacing new lows (NYSE 119/80, Nasdaq 132/58).
2:30 pm PT ServiceMaster Names J. Patrick Spainhour Chairman and CEO (SVM) 10.33 -0.09 : Co announced today that J. Patrick Spainhour has been appointed to serve as Chairman and CEO. Mr. Spainhour, 56, a current member of the Board, had accepted the CEO position on an interim basis on May 15. Mr. Spainhour is former Chairman and�CEO of the Ann Taylor Stores Corp. .�
2:12 pm PT Ryan's Restaurant Grp Reports Sales Results for June and Second Quarter 2006 (RYAN) 11.91 -0.01 : Co�reported sales results for the 4-week period (June) and the three-months (Q2) ending June 28, 2006. Average weekly sales for all stores decreased by 2.5% for the month and by 0.5% for the quarter. Same-store sales decreased by 3.3% for the month and by 1.7% for the quarter.
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