Stocks Rise on ISM Report

  • September 4, 2007
  • TradingMarkets Editors

After a choppy start to Tuesday’s session, stocks are now
trading comfortably higher. The August ISM Manufacturing survey
declined, increasing traders expectations of a possible rate cut
by the Federal Reserve.

In deal news, MetroPCS Communications
(
PCS |
Quote |
Chart |
News |
PowerRating) offered
to buy Leap Wireless International
(
LEAP |
Quote |
Chart |
News |
PowerRating) for $5.27
billion.

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Stocks in Motion

Exelon
(
EXC |
Quote |
Chart |
News |
PowerRating) Raises Lower End Of FY07 Adj. EPS Outlook; Reveals
$1.25 Bln Stock Buyback (full
story).

Deere
(
DE |
Quote |
Chart |
News |
PowerRating) Stock Prices Trading at Record Highs (read
more).

For more stories as they happen, go to our
Breaking News section.


Market Snapshot

Dow

 38.69 13396.43

NASDAQ

 28.59 2624.95

S&P 500

 11.43 1485.42

NYSE NASDAQ

Volume

 604,296,620 904,082,896

Up Volume

 449,243,140 745,412,402

Down Volume

 148,942,980 146,703,319

Advances

 2,100 1,771

Declines

 1,108 1,097

New Highs

 43 61

New Lows

 13 22


Strongest/Weakest Industry Groups

Strongest Industries

Weakest Industries
Dairy Products Home
Improvement Stores
Major
Airlines		 Auto
Parts Wholesale
Air Services –
Other		 Office
Supplies


 




Economic
News

ISM Index, Aug, Actual 52.9,
Consensus 53.0

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