Bulls Take Control, Sending Dow To 4-Month Highs
- September 12, 2006
- Darren Wong
Dow and S&P close higher by 1%, while Nasdaq closes up
2%. Crude oil futures finish lower for 7th straight session down nearly 3% to $63.77.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move
HP Chairman Patricia Dunn To Step Down In
January (full
story). HPQ shares hit 52-week highs closing up 1.5% for the day.
Apple Unveils New IPod Nano (full
story). AAPL shares close fractionally higher.
Bristol-Myers Fires CEO Dolan On Advice Of
Monitor; James Cornelius Named Interim CEO (full
story). BMY shares close higher by 4%.
Goldman Sachs Q3 Profit Slips; Revenue Rises;
Declares Dividend (full
story). GS shares rise nearly 5%.
Snack Wrap, Breakfast Menu, Higher European And Japan
Sales Bring 8.6% Rise To McDonald’s August Systemwide Comp. Sales (full
story). MCD shares trade higher by nearly 3%.
Best Buy Q2 EPS Rises 27%, Beats Street
Consensus, Reiterates FY07 Outlook (full
story). BBY shares rise over 9%.
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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+101.17
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11,498.01
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NASDAQ
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+42.57
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2,215.82
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S&P 500
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+13.55
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1,313.09
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size=2>NYSE
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size=2>NASDAQ
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Volume
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2,785,120,000
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1,973,218,000
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Advances
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2487
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2185
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Declines
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803
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820
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Up Volume
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1947
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1688
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Down Volume
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564
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155
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width=”33%” height=17>
New Hi’s
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176
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108
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New Lo’s
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46
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55
Strongest/Weakest Sectors
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Strongest Sectors |
Weakest Sectors |
Airline Index (XAL) |
Oil Index (XOI) |
Nasdaq Combined Transport Index (TRAN) |
CBOE Oil Index (OIX) |
GSTI Multimedia Networking Index (GIP) |
Amex Gold Bugs Index (HUI) |
href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News
Trade Deficit Widens To A Record Level In July (full
story).
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Darren Wong
darrenw@tradingmarkets.com
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