Stock Market News – Halliburton (HAL) Corning (GLW) Alcoa (AA) and Schlumberger (SLB) Report

halliburton and schlumberger

(Best Syndication News) After an early sell-off on Wall Street, stocks began to rally by mid-day, however the DJIA fell again near the end of Monday’s session to close at 12,981 (see our stock charts below). At one point, the Dow was up over 13,000 again.

Positive news on pending homes sales offset continuing concerns about Europe. Stocks took-off after the German Parliament approved the Greek bailout deal. Higher oil prices are still providing some anxiety, and could stunt economic growth.

Markets are higher in Asia and Europe on Tuesday. The Shanghai (China) composite index added 0.21 percent, while the Nikkei 225 (Japan) and the Hang Seng (Hong Kong) indexes climbed 0.92 percent and 1.65 percent respectively.

January retail sales in Japan beat analyst expectations, and in Germany, a consumer confidence survey was better-than-expected. Markets in Europe are also on the rise early Tuesday. The FTSE 100 (England) is up 0.30 percent while the CAC 40 (France) and the DAX (German) are up 0.20 percent and 0.58 percent respectively.

Widely-Held Stocks

Only 34 of the 90 stocks in our widely-held index were lower on Monday (see the widely held index chart below). Halliburton Company (NYSE:HAL) was the second worst performing constituent of the index, down nearly two percent during the trading day.

The volume of HAL shares changing hands was 30 percent below average. Although oil prices are higher, a low demand and a lower price for natural gas hurt the energy service sector stock.

In the after-hours, HAL slipped another five cents to $37.70 a share. There was a wide range between the bid and ask price.

Another widely-held loser was Corning Incorporated (NYSE:GLW), down more than one percent at the session close. While the share price was up Thursday and Friday, GLW is one of the few stocks in the index which is down over the last week and month.

The S&P tech sector climbed 0.11 percent on Monday (see the sector chart below). GLW, a component in the tech sector, gained three cents in the after-hours to hit $13.55.

While the materials sector added 0.10 percent on Monday, Alcoa Inc. (NYSE:AA) declined more than one percent. Although steel prices have been relatively flat, aluminum and copper prices continued to advance.

Aluminum on the London Metal Exchange (LME) was up 1.63 percent. See our commodities link below for details.

Schlumberger Limited. (NYSE:SLB) declined nearly one percent Monday. Crude oil prices slipped in New York today. The share price jumped sharply two days following the SLB fourth quarter earnings results last week.

Applied Materials, Inc. (NASDAQ:AMAT) was another widely-held laggard. The share price was down eight-tenths of a percent during Monday’s session.

Unlike SLB and AA, which turned around in the after-hours, AMAT continued to slide. Although 2011 was a difficult year for the semiconductor industry, AMAT is still up 22 percent over the last 100 days. See the widely-held stock chart below for all the details.

By: Dan Wilson

Widely-held stock chart:

Monday Widely Held
Stocks
One Day One Day Five Day 30-Day 100-Day
2/27/2012 Company Change % Change % Change % Change % Change
0.308 Federal National... -0.01 -2.22% -18.95% 33.91% 36.89% 1
37.75 Halliburton Company -0.76 -1.97% 4.02% 11.23% 23.73% 2
13.52 Corning Incorporated -0.23 -1.67% -2.31% -3.43% 13.61% 3
26.25 Hewlett-Packard Co -0.39 -1.46% -11.29% -0.91% 14.03% 4
8.41 LSI Corporation -0.09 -1.06% 1.57% 26.47% 63.62% 5
10.32 Alcoa Inc. -0.11 -1.05% 1.67% 5.31% 13.16% 6
33.54 Walgreen Company -0.32 -0.95% -3.37% 2.79% 2.10% 7
79.11 Schlumberger Limited. -0.74 -0.93% 1.76% 16.36% 33.84% 8
19.07 General Electric Co -0.17 -0.88% -1.09% 1.22% 28.33% 9
12.53 Applied Materials, Inc. -0.10 -0.79% -3.54% 8.96% 22.01% 10
               
               
8.82 Southwest Airlines Co. 0.14 1.61% -6.47% -0.23% 17.60% 80
22.02 The Bank of New York 0.35 1.62% 0.05% 2.66% 17.00% 81
32.93 Citigroup Inc. 0.58 1.79% 0.03% 7.12% 35.01% 82
27.66 El Paso Corporation 0.50 1.84% 1.84% 3.48% 57.61% 83
29.3 U.S. Bancorp 0.57 1.98% -0.17% 0.93% 26.51% 84
8.04 Bank of America Corp 0.16 2.03% 0.25% 21.63% 39.58% 85
39.06 JPMorgan Chase & Co. 0.78 2.04% 1.53% 8.74% 29.08% 86
31.03 Wells Fargo & Company 0.85 2.82% -0.19% 4.80% 28.17% 87
2.55 Sprint Nextel Corporatio 0.08 3.24% 10.87% 10.39% -10.84% 88
24.57 Level 3 Communications 0.99 4.20% 15.62% 34.41% 15.35% 89
8.56 Micron Technology, Inc. 0.61 7.67% 1.54% 18.40% 89.38% 90

World Market Chart:

Monday World Stock Indexes 1 Day 1 Day 1 Week 30-Day 100-Day
2/27/2012 N. & S. AMERICA Pt Change % Change % Change % Change % Change
12,981.51 Dow Jones Industrial -1.44 -0.01% 0.24% 4.00% 13.71%
1,367.59 S&P 500 1.85 0.14% 0.47% 5.71% 14.39%
2,966.16 NASDAQ Composite 2.41 0.08% 0.49% 8.73% 14.83%
12,700.38 S&P TSX Canada -25.39 -0.20% 1.94% 3.82% 6.95%
65,241.49 Brazil Bovespa Stock -701.24 -1.06% -1.45% 7.58% 21.18%
37,785.72 IPC MXX - Mexico -159.50 -0.42% -1.33% 3.24% 12.18%
826.66 Russell 2000 Sm-Cap -0.26 -0.03% -0.24% 7.99% 19.98%
813.10 Russell 3000 98% Mkt 0.87 0.11% 0.38% 6.26% 15.43%
EUROPE
5,915.55 FTSE 100 England -19.58 -0.33% -0.50% 3.89% 9.63%
3,441.45 CAC 40 France -25.58 -0.74% -0.90% 5.24% 9.13%
6,849.60 DAX Germany -14.83 -0.22% -1.42% 8.16% 16.79%
749.69 Athens Greece Comp. 0.00 0.00% -9.21% 14.19% 3.34%
859.04 IGBM Madrid Spain 0.79 0.09% -3.16% 0.56% -3.64%
6,143.92 SSMI - Swiss Market -40.21 -0.65% -1.59% 1.45% 7.18%
17,336.41 FTSE Italia All (Italy) -175.69 -1.00% -2.14% 7.27% 2.73%
ASIA & PACIFIC
2,446.98 Shanghai China 7.51 0.31% 3.55% 6.52% 4.25%
9,633.93 Nikkei 225 Japan -13.45 -0.14% 1.57% 13.79% 9.80%
21,217.86 Hang Seng Hong Kong -189.00 -0.88% -0.97% 8.10% 16.96%
7,959.34 TSEC Taiwan Exchange 0.00 0.00% 0.06% 10.22% 7.58%
4,267.40 S&P ASX 200 Australia -39.40 -0.91% 0.26% 1.23% 0.94%
17,445.75 BSE Sensex Bombay -477.82 -2.67% -4.61% 5.95% 5.50%
5,281.20 CNX NIFTY NSE India -148.10 -2.73% -5.09% 6.32% 6.17%
1,991.16 Korea Com KOSPI -28.73 -1.42% -1.67% 5.20% 10.93%
2946.78 STI Singapore -31.30 -1.05% -2.46% 4.65% 9.42%

Sector Chart:

Monday S&P Sector Name (10) One-Day One-Week 30-Day 100-Day
2/27/2012 % Change % Change % Change % Change
563.98 Energy -0.30% 1.61% 7.94% 27.67%
237.52 Materials 0.10% 0.50% 3.97% 27.46%
321.84 Industrials -0.07% 0.25% 4.77% 28.04%
339.75 Consumer Discretionary 0.27% 0.02% 6.55% 23.15%
339.24 Consumer Staples -0.04% 0.01% 2.40% 11.47%
417.95 Health Care 0.09% -0.12% 1.93% 16.23%
198.96 Financials 0.86% -0.03% 6.88% 25.86%
471.1 Info Tech 0.11% 1.10% 11.94% 24.78%
129.07 Telecom Svc 0.09% 0.73% 0.87% 7.15%
177.13 Utilities -0.19% 0.01% -0.12% 6.68%
Monday Dow Sectors (10) One-Day One-Week 30-Day 100-Day
2/27/2012 % Change % Change % Change % Change
3186.57 Basic Materials -0.07% 0.29% 5.05% 28.85%
3526.31 Consumer Goods 0.05% 0.26% 4.55% 15.54%
3813.11 Consumer Services 0.19% -0.32% 6.20% 21.88%
3078.94 Financials 0.65% 0.02% 6.84% 25.22%
3555.33 Health Care 0.07% 0.03% 3.17% 18.30%
3374.6 Industrials -0.03% 0.24% 6.01% 29.21%
6213.98 Oil & Gas -0.33% 1.55% 8.81% 29.81%
7169.81 Technology 0.08% 0.84% 12.16% 25.41%
1106.39 Telecommunications 0.03% 0.51% 1.98% 8.92%
1844.37 Utilities -0.23% 0.10% 0.30% 7.94%

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