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
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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
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EP |
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Power Rating
Q1 EPS Surges On Oil And Gas Hedging Gains, Higher Operating Revenues (full
story).
Ultra Petroleum
(
UPL |
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News |
PowerRating)
Power Rating
Q1 Profit Rises 81% (full
story).
Medco
(
MHS |
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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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+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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S&P 500
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+13.54
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1,325.79
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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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1,931,272,000
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Advances
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2422
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1933
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Declines
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826
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1096
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Up Volume
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1611
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1221
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Down Volume
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407
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497
width=”26%” height=16>
New Hi’s
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370
align=middle width=”48%” height=16>
269
width=”26%” height=16>
New Lo’s
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58
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34
Sectors
Strongest
Sectors
Weakest
Sectors
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INSRX |
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DJR |
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(
IUX |
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(
BKX |
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(
GIN |
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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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