Stocks Rally on Positive Economic Data
S&P leads indices closing up 0.9% . Crude oil futures
trade higher by 2.4% to $62.46.
Ford
(
F |
Quote |
Chart |
News |
PowerRating) Announces That 38K Employees Have Accepted Voluntary
Separation Packages (full
story). F shares finish fractionally higher.
Sigma Designs
(
SIGM |
Quote |
Chart |
News |
PowerRating) Q3 Revenues More Than Doubles (full
story). SIGM shares soar by 15.75%Â
Arena
Pharmaceuticals
(
ARNA |
Quote |
Chart |
News |
PowerRating) Is Falling On News Of Public Stock Offering (full
story). ARNA shares drop by nearly 5%.
Tiffany
(
TIF |
Quote |
Chart |
News |
PowerRating)
Q3 Net Income Rises On Higher Sales; Raises FY06 EPS Outlook (full
story). TIF shares jump 6.4%.
Fluor
(
FLR |
Quote |
Chart |
News |
PowerRating) Wins $2.2
Bln Contract For Petrochemical Complex Project In Saudi Arabia (full
story). FLR shares rise by 3.6%.
Shanda Interactive
(
SNDA |
Quote |
Chart |
News |
PowerRating)
Upgraded by JP Morgan from Underweight to Overweight. SNDA shares jump
nearly 10%.
Dollar General
(
DG |
Quote |
Chart |
News |
PowerRating) Names David Bere’ COO; To Close
400 Stores, Take $138 Mln Charge; Reveals $500 Mln Share Buyback; Declares
Dividend (full
story). DG shares fall by 6%.
For more stories as they happen, go to our Breaking News section.
|
Dow | +90.28 | 12,226.73 |
| Nasdaq | +19.62 | 2,432.23 |
|
S&P 500 | +12.76 | 1,399.48 |
|
NYSE |
| |
|
Volume | 2,734,895,000 | 1,874,887,000 |
|
Advances | 2611 | 2035 |
|
Declines | 700 | 1044 |
|
Up Volume | 2014 | 1261 |
|
Down Volume | 456 | 493 |
|
New Highs | 275 | 149 |
|
New Lows | 15 | 41 |
| Strongest Sectors | Weakest Sectors |
|
Deutsche Bank Energy Index (DXE) | Amex Airline Index (XAL) |
| Amex Natural Gas Index (XNG) | PHLX Semiconductor Index (SOX) |
| PHLX Oil Services Sector Index (OSX) | Morgan Stanley Healthcare Payors Index (HMO) |
Fed’s Beige Book shows continued moderate growth in economy
Crude oil
inventories showed a draw of 360k barrels
Q3 GDP was adjusted higher, up
to a 2.2% (consensus 1.8%) from 1.6%
New home sales 1004K vs 1050K
consensus
Darren Wong
darrenw@tradingmarkets.com
Use our most popular trading tool to find out how your stocks will move in the next 5 days.
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