4:13 PM, Jun 10, 2011 --
- DJIA down 172.45 (-1.42%) to 11,951.91
- S&P 500 down 18.02 (-1.40%) to 1,270.98
- Nasdaq down 41.14 (-1.53%) to 2,643.73
GLOBAL SENTIMENT
- Nikkei up 0.5%.
- Hang Seng down 0.8%.
- FTSE-100 down 1.55%.
UPSIDE MOVERS
(+) LULU beats with earnings, guidance.
(+) MCP prices shares.
(+) VRGY gets regulatory green light for Advantest buy.
(+) LYV gains amid going-private talks.
(+) CHTP reports positive Phase III Northera results.
(+) BCRX up on positive swine flu treatment results.
DOWNSIDE MOVERS
(-) DCIX prices shares.
(-) NOK subject of mixed news over chances of selling Siemens JV.
MARKET DIRECTION
A hint of inflation hitting the U.S. economy sent traders fleeing U.S. equities on Friday, driving the major indices lower and extending to six straight weeks declines in the DJIA and S&P 500. Import prices in May came in at a 0.2% gain, surprising Wall Street and suggesting inflationary
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INTERNATIONAL BUSINESS MACHINES (IBM) INTERDIGITAL COMMUNICATIONS INTEL INSIGHT ENTERPRISES INGRAM MICRO
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