NEW YORK ( Dividend.com) -- The markets opened lower this morning, following the lead of the Chinese markets' big drop overnight. Commodity prices will be a focus today, so be sure to keep them on your radar. Let's take a look at some of today's biggest news items.
Daimler AG ( DAI): Shares rise after company reports second-quarter loss. Sprint Nextel ( S): Stock is dropping on wider-than-expected loss. IAC/Interactive ( IACI): Shares are lower after profit misses estimates. General Dynamics ( GD): Stock is slightly higher as company raises 2009 guidance. Coca-Cola Enterprises ( CCE): Shares edge higher as company beats estimates. Hess ( HES): Stock is slightly higher despite big drop in profit on lower oil prices. Southern ( SO): Shares edge higher following second-quarter results. ConocoPhillips ( COP): Shares drop as profit tumbles 76%. ArcelorMittal ( MT): Stock is getting hit after company posts third-quarter loss in a row. SAP AG ( SAP): Stock edges higher despite sales missing expectations.
Treasuries ( TLT): Bond prices are rallying on early stock market concerns.