Late Rally Sends Stocks Higher


After a choppy day of
trading, the major indices stage a late-day rally to close in the green.

Nike
(
NKE |
Quote |
Chart |
News |
PowerRating)
closed down over 4.5% after missing earnings estimates.  

Wendy’s International
(
WEN |
Quote |
Chart |
News |
PowerRating)
announced a projected shortfall in second quarter earnings and closed
down over 2%

J. Crew
(
JCG |
Quote |
Chart |
News |
PowerRating)

had a very strong open for its IPO today, closing up over 25%.

After the Department of Energy announced a decline in
crude inventories, crude oil futures traded higher today, up 27 cents at $72.77.

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

Xerox


(
XRX |
Quote |
Chart |
News |
PowerRating)


Power Rating

Settles 9-yr Old Patent Infringement Lawsuit With
Palm, Inc

(
PALM |
Quote |
Chart |
News |
PowerRating)
For $22.5 Mln (full
story
).


Nike
(
NKE |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q4 Profit Declines; Misses Estimate, Ex-charge (full
story
).


Pfizer
(
PFE |
Quote |
Chart |
News |
PowerRating)


Power Rating

Says U.K. Court Upholds Lipitor Patent (full
story
).


DaimlerChrysler

(
DCX |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Launch Smart Brand In U.S., UnitedAuto To Be Exclusive Distributor Of Smart
Vehicles (full
story
).


Xerox

(
XRX |
Quote |
Chart |
News |
PowerRating)


Power Rating

Settles Nine-year-old Patent Infringement Case With
Palm

(
PALM |
Quote |
Chart |
News |
PowerRating)
(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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+48.82

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10,973.56

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NASDAQ

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+11.59

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2,111.84

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S&P 500

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+6.81

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1,246.01

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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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2,020,266,000

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align=middle width=”48%” height=14>

1,590,830,000

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width=”26%” height=16>

Advances

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1878

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1467

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width=”26%” height=16>

Declines

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1323

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align=middle width=”48%” height=16>

1526

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width=”26%” height=16>

Up Volume

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1130

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828

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width=”26%” height=19>

Down Volume

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618

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align=middle width=”48%” height=19>

603

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width=”26%” height=16>

New Hi’s

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25

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42

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New Lo’s

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220

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174

Sectors

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Strongest
Sectors


Weakest
Sectors

Oil Index (CBOE)
(
OIX |
Quote |
Chart |
News |
PowerRating)
Airline Index
(
XAL |
Quote |
Chart |
News |
PowerRating)
Deutsche Bank Energy Index
(
DXE |
Quote |
Chart |
News |
PowerRating)
Semiconductor Sector
(
SOX |
Quote |
Chart |
News |
PowerRating)
Natural Gas
(
XNG |
Quote |
Chart |
News |
PowerRating)
Morgan Stanley Healthcare
(
HMO |
Quote |
Chart |
News |
PowerRating)
Helvetica>

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





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Crude, Oil Inventories Slide (full
story
)





Darren Wong



darrenw@tradingmarkets.com


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