The Midday Market

Outside of a few tech stocks, the market is fairly weak today. The Dow is down 37 points. The S&P 500 is off about 0.40%, and our Buy List is down 0.26%
Stock like Oracle (ORCL), Cisco (CSCO) and Symantec (SYMC) are higher today, as is Starbucks (SBUX). The caffeine company reported October sales jumped by 21% last month. The yield on the 10-year T-Bond broke out to a 16-month high today. The dollar is at a high this year against the euro, and a two-year high against the yen.
Our Buy List is having a mixed day. Quality Systems (QSII) is lower despite its good earnings report. Frontier Airlines (FRNT) came within two pennies of $10 a share.
Also, Business Week takes a look at Ikea.

Posted by on November 4th, 2005 at 12:01 pm


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