NYSE---Deb (fast)
>> freddie mac recovering a little bit in today’s session. pharmaceuticals, we’ve been talking about them for the past couple of days, they were the big of the gainer in the s&p 500. we did see pharmaceuticals giving a little back. remember pfizer, that was the big story yesterday after saying that they expected their 2004 e.p.s. to be a little better with their merger with pharmacia. so we did see pharmaceuticals a little bit lower. integrated oil also among some of the biggest drags, at least exxon and chevron, some of the integrated oil domestically a little bit lower. that as we did see a rise in oil inventories. household products like clorox, that was a big story on the day. you can see one of the biggest drags there as well. that after the company said for their fiscal fourth quarter, they are going to be at the low end of their expectations. they said unseasonably cool weather hurt demand for products including their charcoal because they make a lot more than just bleach. semiconductors, they were among some of the big of the gainers, that after lehman raised their rating on three semiconductor makers. so we did see the semiconductors performing quite well. tobacco, this was another area of the market that performed well. we heard late yesterday that altria, also r.j. reynolds and brown and williamson convincing a jury that they weren’t responsible for lung cancer for a missouri woman. of course, the dow jones industrial average down 29 points, donna van flag, head trader at brandy wine asset management saying it’s a little reality check because the market probably climbed a little too far too fast for what companies are actually saying about their businesses. back to you in the studio, lane.
