Markets End Losing Streak
The major markets hold the
green after a day of choppy trading; economic reports and semiconductor sector
upgrade help to stabilize investor sentiment.
VeraSun
(
VSE |
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PowerRating)
closed up 25% on the day of its IPO, trading up around $6.
Intel
(
INTC |
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PowerRating)
closed up 3.5% and Advanced Micro Devices
(
AMD |
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PowerRating)
closed up 3% after both stocks were upgraded at Goldman Sachs.
Crude oil futures closed up around 1% after the Energy
Department announced a drop in oil inventories.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Boeing
(
BA |
Quote |
Chart |
News |
PowerRating)
Power Rating
Receives Orders For 20 Boeing 787s From Singapore
Airlines
(
SIA |
Quote |
Chart |
News |
PowerRating)
Power Rating;
Stock Up (full
story).
AXA
(
AXA |
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News |
PowerRating)
Power Rating
To Buy Credit Suisse’s
(
CSR |
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News |
PowerRating)
Power Rating
Insurance Business For EUR 7.9 Bln; Sees Deal Accretive To Adj. EPS From 2007(full
story).
Advanced Magnetics
(
AVM |
Quote |
Chart |
News |
PowerRating)
Power Rating
Data Monitoring Committee Identifies No Safety Concerns On Ferumoxytol Phase III
Studies; Recommends Studies With No Modifications (full
story).
Pfizer
(
PFE |
Quote |
Chart |
News |
PowerRating)
Power Rating
Signs License Agreement With Bayer On Potential Obesity, Type 2 Diabetes
Compounds (full
story).
Teva’s
(
TEVA |
Quote |
Chart |
News |
PowerRating)
Power Rating
Generic Hypertension Drug Gets Tentative FDA Approval
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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+110.78
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10,816.92
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NASDAQ
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+13.53
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2,086.00
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S&P 500
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+6.35
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1,230.04
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align=middle width=”41%” height=16>
size=2>NYSE
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size=2>NASDAQ
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Volume
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2,667,861,000
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2,089,793,000
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Advances
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1623
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1593
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Declines
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1627
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1429
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Up Volume
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1447
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1327
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Down Volume
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922
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612
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
15
align=middle width=”48%” height=16>
28
width=”26%” height=16>
New Lo’s
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262
align=middle width=”48%” height=16>
234
Sectors
Strongest
Sectors
Weakest
Sectors
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GSM |
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(
INSRX |
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(
SOX |
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(
XBD |
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(
XAL |
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PowerRating)
(
IUX |
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News |
PowerRating)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Crude Inventories Fall, Gasoline Inventories Rise (full
story).
Core Consumer Prices Rise More Than Expected In May (full
story).
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John Patrick Lee
johnl@tradingmarkets.com
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