Ao minuto: Petróleo afunda 7% após ataque do Irão ser encarado como simbólico

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Dow -7, Nasdaq -8, S&P +0.19:
As of: Jul 30 2003 1:30PM ET
More of the same as the indices are continuing to chop around... The list of Nasdaq's most actives is populated by Sun Microsystems (SUNW 3.75 -0.11), Sirius Satellite (SIRI 1.80 -0.01), and Intel (INTC 24.49 -0.41)... On the NYSE, among the most heavily traded issues are AOL (AOL 15.35 -0.54), Tyco (TYC 18.75 -0.25), and El Paso (EP 7.25 -0.38)... TYC reported Q3 (Jun) earnings of $0.32 per share, excluding certain charges, $0.02 worse than the Reuters Research consensus last night and guided Q4 EPS to a range of $0.32-0.35, below the consensus of $0.39... Also, TYC was downgraded to Hold from Buy at McDonald... Separately, according to a Wall Street Journal report, AOL has received a request from the SEC for documents relating to its bulk-subscription program...

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Dow -8, Nasdaq -8, S&P +0.02:
As of: Jul 30 2003 1:00PM ET
The indices are on a bit of an upswing, but are sticking to their previously established trading ranges... With 680 mln and 855 mln shares traded on the NYSE and the Nasdaq, respectively, today's volume is lighter than yesterday's, but a bit heavier than Monday's... Breadth figures are unfavorable, with decliners outpacing advancers by a slight degree on the Big Board and by a 3-to-2 margin on the Nasdaq... Down volume is greater than up volume by a roughly 3-to-2 margin on both exchanges... The number of new 52-week highs versus new lows is favorable with 105 and 152 new highs on the NYSE and the Nasdaq, respectively, juxtaposed with 25 and 7 new lows...

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Dow -4, Nasdaq -8, S&P +0.51:
As of: Jul 30 2003 12:30PM ET
The indices are drifting in their earlier established trading ranges... The S&P 500, which is basically unchanged, is outperforming the Dow and the Nasdaq on a relative basis, although the Dow is not too far behind and is also right around the flat line... In the Dow, 18 of its 30 components are in the red, with Home Depot (HD 30.87 -0.70), IBM (IBM 81.25 -0.56), and United Technologies (UTX 76.18 -0.56) being the biggest laggards... Leaders to the upside include Caterpillar (CAT 66.13 +0.78), Procter & Gamble (PG 87.56 +0.46), and SBC Communications (SBC 23.97 +0.40)... As such, only 4 Dow components have moved by more than half a point in today's session, reflecting the wait-and-see attitude of the broader market...

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Dow -18, Nasdaq -10, S&P -1.08:
As of: Jul 30 2003 12:00PM ET
The market has been choppy through the morning given the dearth of fresh economic data-points, a limited number of research reports, and an absence of market-moving earnings announcements... As a result, directionless trade has kept the indices vacillating in ranges right around the flat line for the blue-chip averages and in negative territory for the Nasdaq as investors' concerns regarding overextended valuations have been juxtaposed against the generally good Q2 earnings season and the prospect of accelerated pace of economic growth in 2H03... There aren't many winners to speak of, although the drug, housing, healthcare, networking, and disk drive sectors have held up with gains through most of the morning... Conversely, the semiconductor, software, biotech, defense, financial, retail, airline and transportation sectors have spent the bulk of the session on the defensive... In general, the market is moving sideways in a wait-and-see fashion ahead of Friday's economic data, which include July's Employment, ISM Index, and Michigan Sentiment reports... The bond market has had more direction through the morning and is in a rally mode across the yield curve... As such, the 10-year note is up +36/32, with its yield at 4.30%...

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Dow -28, Nasdaq -12, S&P -2.79:
As of: Jul 30 2003 11:30AM ET
Seesaw action continues and all of the indices are once again finding themselves in the red and at new session lows... The financial and retail sectors, which had lifted into positive territory earlier, are again in the red... Given the virtual dearth of newsworthy headlines, the market is in a wait-and-see mode ahead of Friday's economic data, which include July's Employment, ISM Index, and Michigan Sentiment reports... The bond market is in rally mode, with gains across the yield curve and the 10-year note up +45/32, with its yield at 4.25%...

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Dow +23, Nasdaq -3, S&P +0.25:
As of: Jul 30 2003 11:00AM ET
Tepid buying interest has boosted the indices out of their earlier trading ranges, with the majority of sectors lifting off their session lows... As a result, the financial, networking, drug, retail, homebuilding, and healthcare sectors are finding themselves in positive territory... Also off their worst levels of the session, but still underwater are the semiconductor, software, biotech, transportation, and defense sectors... President Bush started a press conference at 10:30 ET... The President said he expects more U.S. jobs to be created and that the economy is seeing "hopeful signs" of recovery... Overall, the President is not saying anything that the market didn't already know and his speech is not market-moving...

[Figas]

Market Outlook
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Dow +9, Nasdaq -5, S&P +0.92:
As of: Jul 30 2003 10:30AM ET
There's no clear trend to the market at this point, as it continues to chop around... The blue-chip averages have once again lifted above the watermark, but are sticking to near the flat line at this point... The Nasdaq is also off its session lows, but maintains its negative bias... The only economic report today is the Fed's Beige Book at 14ET... Given the limited number of news in terms of fresh economic data-points, influential earnings reports, and market-moving research calls, the market is pretty directionless as valuation concerns are countered against the generally good Q2 earnings season and the prospect of accelerated pace of economic growth in 2H03...

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Dow -9, Nasdaq -8, S&P -0.96:
As of: Jul 30 2003 10:00AM ET
The indices are on a course of new session lows... The Dow and the S&P 500 have dipped into negative territory, as the Nasdaq is extending its losses... The only major laggards of note at this point are the semiconductor, airline, and gold sectors... Sectors showing mild losses at this point include the influential software, financial, biotech, retail, paper, transportation, and defense groups... Sporting mild gains are the networking and healthcare sectors...

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Dow +14, Nasdaq -4, S&P +1.15:
As of: Jul 30 2003 9:40AM ET
The futures indications were trading in a divergent fashion for most of the pre-open session, with the S&P futures in positive territory and the Nasdaq futures in the red... The cash market has started the session in a similar fashion, with the blue-chip averages showing mild gains and the Nasdaq sporting mild losses, after a short-lived peek into the green at the open... Today promises to be a relatively slow day given the dearth of economic reports, a limited number of research reports, and an absence of market-moving earnings reports...