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Thursday, November 30, 2006
Mid-Week Ups and Downs
Pfizer was the winner today. The drug company jumped 1.6% when they introduced a new drug that will increase good cholesterol. Exxon Mobile also had a good day, rising 1% on higher crude. Unfortunately, it wasn't quite enough to outweigh DuPont's and GM's falls. Kerkorian is continuing to pull out of GM, forcing the auto maker to lose 1%.
I've especially enjoyed watching which retailers are doing well this season. Online shopping is having a huge impact, and some larger retailers (like Wal-Mart) are showing a surprising decline. Target seems to be on top of things so far; it should be very interesting to see how this race ends.
DJIA: -4.80
Nasdaq: -0.46
S&P 500: +1.15