Dow Soars,
Up Triple Digits

The Fed’s Beige Book was also bullish,
saying that the economy continues to grow .

Crude oil inventories rose 5.6 million
barrels; gasoline inventories rose 2.9 million barrels; distillate inventories
fell 1.9 million barrels.

Home Depot
(
HD |
Quote |
Chart |
News |
PowerRating) saw a 10 million share
block trade at 1:45 PM.

Intel
(
INTC |
Quote |
Chart |
News |
PowerRating) missed by a penny at
0.32 and gave a disappointing revenue outlook.

Trader Talk: is this the bottom?

The CBOT (BOT) priced 3.2 million shares
at $54, above the range. The stock opened at 87 and closed at $80.32.

Weak sectors were:Â Â Â Â Â Â Â
Gold
(
XAU |
Quote |
Chart |
News |
PowerRating) -1.81%Â Â Â Â Â Â

Dow

+128.87

10,414.13

Nasdaq

+35.24

2091.24

S&P 500

+17.62

1195.76

More stocks on the move:

Eastman Kodak
(
EK |
Quote |
Chart |
News |
PowerRating) posted a $1.03
billion loss due to tax charges related to its restructuringÂ Â Â .

Ryland
(
RYL |
Quote |
Chart |
News |
PowerRating) beat by 0.18 and gave
upside guidance. Bank of America downgraded the stock to neutral.

Brice Wightman

Dow Soars,Up Triple Digits