Major indexes close in the green for the day; sentiments helped by positive earnings from major corporations.
Unexpected positive quarterly results from Caterpillar, AT&T, Verizon and Honeywell help to boost investor confidence, lifting the Dow to close up 100, almost 1& higher.
General Motors (GM | Quote | Chart | News | PowerRating) closed down -3% after announcing a quarterly loss of nearly $5 billion. GM's Power Rating.
Marathon Oil (MRO | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Nearly Triples (full story).
Bumpy Road Rocks General Motors' (GM | Quote | Chart | News | PowerRating) Power Rating Q4 (full story).
Microsoft (MSFT | Quote | Chart | News | PowerRating) Power Rating At The Sweetspot Of New Product (full story).
Caterpillar (CAT | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Soars 56% On Higher Revenue And Price Realization, Boosts FY06 EPS Forecasts (full story).
Amgen (AMGN | Quote | Chart | News | PowerRating) Power Rating Q4 Earnings Rise 20% On Top Line Growth Of 12.4%, Adj. EPS Misses Estimates (full story).
Honeywell (HON | Quote | Chart | News | PowerRating) Power Rating Q4 Profit More Than Doubles, Guides FY06 EPS In Line With Consensus (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
+99.17 |
10808.91 |
|
NASDAQ |
+22.35 |
2283.00 |
|
S&P 500 |
+9.23 |
1273.91 |
|
NYSE |
NASDAQ | |
|
Volume |
2,789,625,000 |
2,391,269,000 |
|
Advances |
2106 |
2042 |
|
Declines |
1175 |
981 |
|
Up Volume |
1739 |
1443 |
|
Down Volume |
788 |
760 |
|
New Hi's |
290 |
238 |
|
New Lo's |
36 |
29 |
|
Strongest Sectors |
Weakest Sectors |
| Nasdaq Combined Finance (OFINX | Quote | Chart | News | PowerRating) | Networking Index (NWX | Quote | Chart | News | PowerRating) |
| Semiconductor (SOX | Quote | Chart | News | PowerRating) | Utility Sector (UTY | Quote | Chart | News | PowerRating) |
| GSTI Semiconductor (GSM | Quote | Chart | News | PowerRating) | Computer Hardware (HWI | Quote | Chart | News | PowerRating) |
Durable Goods Orders Continue To Increase In December (full story).
Jobless Claims Rise Much Less Than Expected (full story).
John Patrick Lee
johnl@tradingmarkets.com