Markets Are Down After Earnings And Housing Data: Here Are The 10 Trades To Watch Right Now

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Weak earnings from Goldman Sachs and Wells Fargo have dragged down markets today, with the further slowdown in housing not helping either.

Europe has continued to look weak all day.

  • Dow up 0.07%
  • NASDAQ down 0.81%
  • S&P 500 down 0.60%
  • CAC down 0.90%
  • FTSE down 1.30%
  • DAX down 0.89%

Technology up on Apple and IBM surges; financials getting crushed

The Big Trade: Crude oil rebounds slightly after massive morning loss.

BIG WINNER: Pearson rises sharply on growth forecast increase

BIG WINNER: China Telecom up nearly 4%, cuts prices of 3G mobile phones.

BIG LOSER: Mosaic shares fall as investors follow Cargill exit

BIG LOSER: ASML Holding down more than 4%

Sector Mover: SPDR Morgan Stanley Technology ETF

Country Mover: SPDR S&P China

Currency: Euro hits eight-week high against the dollar

Metals: Gold weakens after yesterday's rally

What are the big risks investors are ignoring right now?

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