Dow Rises Above 11,000
Dow closes above 11,000;
major markets driven by crude lows and a jump in retail sales.
The rise in retail sales in January wields a double
edged sword- investors gain confidence in strength of US economy while at the
same time acknowledging that interest rate hikes are now more likely.
Crude oil futures dropped to six-week lows, down to a
price below $60.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
GM
(
GM |
Quote |
Chart |
News |
PowerRating)
Power Rating
To Invest $545 Mln In 5 Michigan Plants (full
story).
Waste Management
(
WMI |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q4 Profit Rises 7.8% On Higher Revenue (full
story).
Qwest
(
Q |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q4 Loss Widens On Early Debt Retirement Costs (full
story).
Masco
(
MAS |
Quote |
Chart |
News |
PowerRating)
Power Rating
Posts Lower But In-line Q4 Income From Cont. Ops. (full
story).
Buffett Opts Out Of Reelection To
Coca-Cola
(
KO |
Quote |
Chart |
News |
PowerRating)
Power Rating
Board, But Retains Stake (full
story).
Higher Revenue Pushes Up
Deere
(
DE |
Quote |
Chart |
News |
PowerRating)
Power Rating
Q1 Profit By 5.88%, Sees Flat-2% Growth In Equipment Sales In Q2 (full
story).
For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
width=”26%” height=14>
Dow
align=middle width=”41%” height=14>
+136.15
align=middle width=”48%” height=14>
11,028.47
width=”26%” height=16>
Nasdaq
align=middle width=”41%” height=16>
+22.36
align=middle width=”48%” height=16>
2,262.17
width=”26%” height=16>
S&P 500
align=middle width=”41%” height=16>
+12.67
align=middle width=”48%” height=16>
1,275.53
width=”26%” height=16>
align=middle width=”41%” height=16>
size=2>NYSE
align=middle width=”48%” height=16>
size=2>NASDAQ
width=”26%” height=14>
Volume
align=middle width=”41%” height=14>
2,405,828,000
align=middle width=”48%” height=14>
1,803,377,000
width=”26%” height=16>
Advances
align=middle width=”41%” height=16>
2202
align=middle width=”48%” height=16>
1985
width=”26%” height=16>
Declines
align=middle width=”41%” height=16>
1086
align=middle width=”48%” height=16>
1028
width=”26%” height=16>
Up Volume
align=middle width=”41%” height=16>
1541
align=middle width=”48%” height=16>
1175
width=”26%” height=16>
Down Volume
align=middle width=”41%” height=16>
614
align=middle width=”48%” height=16>
482
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
110
align=middle width=”48%” height=16>
86
width=”26%” height=16>
New Lo’s
align=middle width=”41%” height=16>
31
align=middle width=”48%” height=16>
20
Â
Strongest
Sectors
Weakest
Sectors
(
XAL |
Quote |
Chart |
News |
PowerRating)
(
OSX |
Quote |
Chart |
News |
PowerRating)
(
HUI |
Quote |
Chart |
News |
PowerRating)
(
DXE |
Quote |
Chart |
News |
PowerRating)
(
HMO |
Quote |
Chart |
News |
PowerRating)
(
XOI |
Quote |
Chart |
News |
PowerRating)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Retail Sales Rise Much More Than Expected In January (full
story).
Business Inventories Growth Exceeds Economist
Estimates (full
story).
Helvetica>
John Patrick Lee
johnl@tradingmarkets.com
face=Arial color=#000000 size=2>
To sign up for Gary Kaltbaum’s training classes,
along with other exciting TradingMarkets educational sessions,
click here.