Bulls Push Stocks To Multi-Year Highs
- September 26, 2006
- Darren Wong
Homebuilders, transportation stocks, brokers, oil
stocks, and gold lead markets higher. Crude oil futures close lower by over 0.5%
to $61.10.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move
Intel Develops Tera-Scale Research Chips (full
story). INTC shares close higher by nearly 3%.
Lennar Q3 Profit Plummets 39% On Higher Costs,
EPS Tops Consensus; Revenues Up 20% On Homebuilding; Warns Q4 (full
story). LEN shares move back up to close fractionally higher.
Reliance Steel & Aluminum Lifts Q3 EPS Forecast
On Better-than-expected Business Conditions (full
story). RS shares rise by over 13%.
Analogic Corp. Posts Q4 Loss Compared To Profit
Last Year On Lower Revenues (full
story). ALOG shares trade higher by nearly 5%.
Teva Pharmaceutical Industries, Protalix
Biotherapeutics To Collaborate To Develop Two Proteins (full
story). TEVA shares close fractionally higher.
For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
Market Snapshot
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Dow
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+93.58
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11,669.39
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NASDAQ
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+12.27
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2,261.34
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S&P 500
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+9.99
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1,336.36
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size=2>NYSE
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size=2>NASDAQ
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Volume
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2,655,251,000
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1,972,806,000
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Advances
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2117
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1597
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width=”33%” height=17>
Declines
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1162
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1394
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Up Volume
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1645
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1083
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Down Volume
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629
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711
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width=”33%” height=17>
New Hi’s
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180
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102
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New Lo’s
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24
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60
Strongest/Weakest Sectors
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Strongest
Sectors |
Weakest
Sectors |
PHLX Gold and Silver Sector (XAU) |
Amex Disk Drive Index (DDX) |
Amex Gold Bugs Index (HUI) |
Morgan Stanley Healthcare Index (HMO) |
PHLX Oil Service Sector (OSX) |
PHLX Semiconductor
Index (SOX) |
href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News
Consumer Confidence Sees Improvement In September (full
story).
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Darren Wong
darrenw@tradingmarkets.com
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