Market Update Close: Mid-afternoon, sellers shoved the major averages out of the narrow red range that had bound them all day. Disappointment over the market's failure to sustain yesterday's gains perhaps gave investors a cue to continue consolidation efforts, and the absence of a influential catalyst left buyers standing at the sidelines. The selling wave somewhat tempered just before the close, but nonetheless left the indices well below the unchanged mark. Although energy prices have received some added attention with winter weather's arrival to some parts of the country, better than expected...
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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!
Air Marshal Kills Man Who Made Bomb Claim An unidentified person deplanes through the rear stairs of American Airlines flight 924 Wednesday, Dec. 7, 2005, at Miami International Airport in Miami. A passenger who claimed to have a bomb in a carry-on bag was shot and killed by a federal air marshal Wednesday on a jetway connected to the American Airlines plane that arrived in Miami from Colombia, officials said. (AP Photo/Alan Diaz)
2:54 pm PT Preliminary Support And Resistance Table : -Technical- The market vacillated on both sided of the flat line for the first 90 minutes of the session but extended yesterday's reversal off the 52-wk highs into the afternoon before stabilizing in late trade. Despite the push off the lows the averages, led lower by Small-Caps (Russell 2000 -0.66%), ended on a negative note, Volume, however, rolled in below the previous day and below average (Nasdaq 1.766 bln, NYSE 1.578 bln) suggesting relatively modest selling pressure. For support and resistance levels for tomorrow a quick look at the current technical posture see The Technical Take. The full version is updated prior to the open tomorrow.
1:44 pm PT Market Wrap :Mid-afternoon, sellers shoved the major averages out of the narrow red range that had bound them all day. Disappointment over the market's failure to sustain yesterday's gains perhaps gave investors a cue to continue consolidation efforts, and the absence of an influential catalyst left buyers standing on the sidelines. The selling wave somewhat tempered just before the close, but nonetheless left the indices well below the unchanged mark. More...
1:32 pm PT GSI Group announces purchase order in excess of $3 mln for WaferTrim systems (GSIG) 11.36 -0.14:
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