Petróleo sob pressão após ataque dos EUA ao Irão

[Figas]

Dow +85, Nasdaq +19, S&P +9.64:
As of: Jul 11 2003 1:00PM ET
With gains of 0.9-1.1%, the indices are along their session highs and well on the way to recovering all of yesterday's losses, which amounted to 1.3-1.8%... With 653 mln and 872 mln shares traded on the NYSE and the Nasdaq, respectively, volume is along the levels witnessed throughout this week... Breadth figures are favorable with advancers outpacing decliners by a roughly 2-to-1 margin on the NYSE and the 3-to-2 margin on the Nasdaq... Up volume is leading down volume by a 3-to-1 margin on the Big Board and a 5-to-2 margin on the Nasdaq... The number of new 52-week highs versus new lows is less than the levels seen of late, but still quite bullish, with 124 and 185 new highs on the NYSE versus only 1 and 3 new lows, respectively...

[Figas]

Dow +95, Nasdaq +19, S&P +10.79:
As of: Jul 11 2003 12:30PM ET
Buyers are unrelenting in their efforts, sending the major indices to fresh session highs... The European bourses ended the day near their best levels of the session, with the DAX, CAC, and FTSE up 1.9%, 1.3%, and 0.7%, respectively... The same cannot be said about the European currency, which fell to 1.1315, trimming its gains against the dollar this year to 7.8%... The euro's fall for the first day in four resulted from Financial Times report indicating that German Chancellor Gerhard Schroeder suggested the European Central Bank should weaken its currency to boost exports...

[Figas]

Dow +96, Nasdaq +21, S&P +10.88:
As of: Jul 11 2003 11:55AM ET
Following yesterday's session of broad-based consolidation, the market is back with a vengeance... On a course of new session highs and managing gains of 1.1-1.2%, the major averages are resilient, supported by gains in the vast majority of influential sectors such as semiconductor, biotech, financial, drug, retail, defense, and paper... As a matter of fact, the only laggards of note are the disk drive and airline sectors... The latter is weak following UBS's downgrade of discounter sweethearts, Southwest (LUV 17.26 -0.77) to Reduce from Neutral and AirTran (AAI 10.99 -1.06) to Neutral from Buy saying valuations are getting stretched despite the fact that the discounters continue to gain share aggressively... According to UBS, no evidence of broader-based recovery has surfaced as of yet and full-year industry profits remain unlikely until 2005... The Nasdaq is slightly outperforming its blue-chip counterparts on a relative basis, but the S&P 500 and the Dow are holding their own... The resilience of the Dow is supported by the advance of Home Depot (HD 33.36 +0.93) and General Electric (GE 28.31 +0.12)... HD was upgraded at Banc of America to Buy from Neutral, saying the retailer has corrected merchandising miscues and is a better operating company than it has been in years... GE reported Q2 earnings of $0.38 per share, in-line with the Reuters Research consensus, but beat the consensus of $32.17 bln with revenues of $33.37 bln... Elsewhere, the economic reports went largely unnoticed... The PPI report checked in with a reading of 0.5% (consensus 0.3%) and ex-food and energy at -0.1% (consensus 0.1%)... The Trade Balance report came in at -41.8 bln, practically in-line with the consensus of -41.5 bln... Treasuries have spent the session on the defensive... Currently, the 10-yr note is down 8/32, with its yield at 3.69%...

[Figas]

Dow +86, Nasdaq +17, S&P +9.05:
As of: Jul 11 2003 11:30AM ET
The indices pull back a bit, but maintain the bulk of their gains... Sectors supporting the retreat are drug, defense, computer-hardware, housing, networking, and semiconductor groups... The disk drive sector is entrenched underwater, while the housing and semiconductor sectors are flirting with negative territory... The demise of the latter is particularly noteworthy in the face of Thomas Weisel's upgrade of Intel (INTC 23.42 +0.51) to Outperform from Peer Perform, based on checks suggesting growing optimism that an IT recovery is under way, which is likely to result in a gradual uptick in demand for IT products in 2H03 and a stronger spending environment in 2004...

[Figas]

Dow +91, Nasdaq +18, S&P +9.41:
As of: Jul 11 2003 11:00AM ET
In a recovery effort of yesterday's losses, the market has advanced roughly 1.0% and is trading along its session highs... Winners abound, the airline sector is the only laggard of note... Its weakness can be attributed to the continuously rising price of crude oil, one of the airlines' biggest input costs, which is at $31.44/bbl, up $0.38 today... Also aiding in the decline is UBS's downgrade of Southwest (LUV 17.12 -0.91) to Reduce from Neutral and AirTran (AAI 10.99 -1.06) to Neutral from Buy saying valuations are getting stretched despite the fact that the discounters continue to gain share aggressively... According to UBS, no evidence of broader-based recovery has surfaced as of yet and full-year industry profits remain unlikely until 2005...

[Figas]

Dow +98, Nasdaq +20, S&P +10.59:
As of: Jul 11 2003 10:30AM ET
The indices are on a course of new session highs... The Dow's advance is being aided by gains in Home Depot (HD 33.06 +0.63) and General Electric (GE 28.58 +0.39)... HD was upgraded at Banc of America to Buy from Neutral, saying the company has corrected merchandising miscues and is a better operating company than it has been in years... GE reported Q2 earnings of $0.38 per share, in-line with the Reuters Research consensus, but beat on revenues of $33.37 bln versus the consensus of $32.17 bln... GE also tightened its previous FY03 EPS range of $1.55-1.70 to $1.51-1.61, versus the consensus estimate of $1.60...