Dow and S&P Close Week At Multi-year Highs


The major indices
close the week in the green after economic reports ease rate hike fears; Dow and
S&P at multi-year highs.

El Paso
(
EP |
Quote |
Chart |
News |
PowerRating)

closed up over 12% after beating earnings.

Crude oil futures closed flat for the day, down $0.01.

The jobs number gave investor confidence a boost,
increasing the chances that the Fed will end its rate hikes for now.

href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move

El Paso
(
EP |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 EPS Surges On Oil And Gas Hedging Gains, Higher Operating Revenues (full
story
).

Ultra Petroleum
(
UPL |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 Profit Rises 81% (full
story
).

Medco
(
MHS |
Quote |
Chart |
News |
PowerRating)

Power Rating

Posts Lower Q1 EPS Despite 21% Top Line Growth; Backs FY06 EPS Outlook (full
story
).

LoJack
(
LOJN |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q1 Profit Rises 11% On Better-than-expected Top-line Growth (full
story
).

For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News
section.

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Dow

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align=middle width=”41%” height=14>

+138.88

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11,577.74

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NASDAQ

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+18.67

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2,342.57

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width=”26%” height=16>

S&P 500

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align=middle width=”41%” height=16>

+13.54

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align=middle width=”48%” height=16>

1,325.79

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width=”26%” height=16>

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,286,035,000

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align=middle width=”48%” height=14>

1,931,272,000

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width=”26%” height=16>

Advances

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2422

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align=middle width=”48%” height=16>

1933

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width=”26%” height=16>

Declines

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align=middle width=”41%” height=16>

826

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align=middle width=”48%” height=16>

1096

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width=”26%” height=16>

Up Volume

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1611

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align=middle width=”48%” height=16>

1221

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width=”26%” height=16>

Down Volume

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align=middle width=”41%” height=16>

407

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align=middle width=”48%” height=16>

497

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width=”26%” height=16>

New Hi’s

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align=middle width=”41%” height=16>

370

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align=middle width=”48%” height=16>

269

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width=”26%” height=16>

New Lo’s

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58

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34

Sectors

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Strongest
Sectors


Weakest
Sectors

Airline
(
XAL |
Quote |
Chart |
News |
PowerRating)
Combined Insurance
(
INSRX |
Quote |
Chart |
News |
PowerRating)
Dow Jones Equity
(
DJR |
Quote |
Chart |
News |
PowerRating)
S&P Insurance
(
IUX |
Quote |
Chart |
News |
PowerRating)
Kbw Bank Index
(
BKX |
Quote |
Chart |
News |
PowerRating)
GSTI Internet
(
GIN |
Quote |
Chart |
News |
PowerRating)
Helvetica>

href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News



April job growth comes in below expectations (full
story
).




John Patrick Lee


johnl@tradingmarkets.com



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