Another low volume, directionless day for the NAZ as we await the FOMC on Thursday. All major tech sectors ended the session in the red except biotechs which held a tiny gain into the close.Economic calendar: Durable orders at 8:30; Crude inv. at 10:30.
Companies moving in after hours trading in reaction to earnings: Trading Up: SPEC +6.85%; NKE +4.79%; FUL +2.30%; ORCL 1.15%... Companies moving in reaction to news: Trading Up: CKNN +0.93% (announces new contract for powercash); DVAX +0.87% (starts HEPLISAV phase 3 in Europe; U.S. Study; and phase 2 in ESRD in Canada) VTIV +0.74% (acquires Chandler Chicco and Innovative Health) YRCW +0.69% (Plans to acquireShanghai Jiayu Logistics)... Trading Down: NUVO -19.16% (NUVO and Bayer HealthCare have agreed to terminate their collaboration on Alfimeprase); GSCI -5.58% (maintains Q2 and FY07 financial guidance).
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