Tuesday, July 08, 2008

Pre-Market

Futures have recovered from overnight swoon on Bernanke speech - says may hold off raising rates this year and may allow investment banks to continue to borrow into 2009.

Gapping Up:
ERJ, WDC, BIDU, SQNM, ENER; Select European Drugs GSK, NVS, AZN; Select Airlines on lower oil CAL, UAUA, DAL, NWA; FRE, FNM trying to form a base after yesterday's drubbing; IVGN - FDA approval of premarket breast cancer testing;

Gapping Down: AOB, TXN, ODP, SPLS, GME, HK, VPHM, NEM, GDP, VMW, EMC, CTXS, GYMB

Last update 9:28 EST

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