Markets Close In The Green
The major markets
close the day in green; despite a correction, inflationary fears are still a
concern.
Yahoo
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closed up over 3% and eBay
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closed uo 3.5% after the companies announced a multi-year partnership.
Wal-Mart
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closed up nearly 3% after an upgrade from Bank of America.
Crude oil futures closed up 2%.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Joy Global
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Q2 Profit Surges, Equipment Orders Fall (full
story).
Tenet Healthcare
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Appoints Biggs Porter As CFO (full
story).
Energy Partners
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Offers To Acquire Stone Energy
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For About $2 Bln In Cash And Stock (full
story).
Big Lots
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Q1 Profit Climbs 76% On Higher Sales; Expects Loss In Q2; Lifts FY06 EPS Target
(full
story).
Polo Ralph Lauren
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Power Rating
Q4 Earnings Decline; Reiterates FY07 EPS Forecast (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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+93.73
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11,211.05
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NASDAQ
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+29.07
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2,198.24
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S&P 500
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+14.31
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1,272.88
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size=2>NYSE
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size=2>NASDAQ
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Volume
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2,405,343,000
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1,961,905,000
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Advances
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2402
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2087
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Declines
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831
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929
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Up Volume
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1732
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1352
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Down Volume
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396
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408
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New Hi’s
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33
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53
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New Lo’s
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82
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67
Sectors
Strongest
Sectors
Weakest
Sectors
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(
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href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Existing Home Sales Ease In April (full
story).
Jobless Claims Fall Less Than Expected (full
story).
First Quarter GDP Growth Revised Up Less Than Expected
(full
story).
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John Patrick Lee
johnl@tradingmarkets.com
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