Nasdaq Closes with Sixth Straight Gain

The major indices ended the week higher with the
tech heavy Nasdaq gaining for the sixth straight session. 
Leading the Nasdaq 100 today are NVIDIA
(
NVDA |
Quote |
Chart |
News |
PowerRating)
and
Celgene

(
CELG |
Quote |
Chart |
News |
PowerRating)
, which added 7.8% and 4.5% respectively.  

May Crude futures closed
fractionally lower to $64.28 per barrel. 
Gold futures
moved higher in today’s session by $2.00 to close at $679.40 an ounce.

Around Europe, the U.K’s FTSE 100 Index led with
a gain of 0.5% to close at 6,397.30.  France’s CAC 40
finished fractionally higher to 5,741.38 and Germany’s DAX index
gained 0.4% to 7,099.91.

Our

Daily Market Bias
page has been updated with new indicators to
determine if there is a strong bias for the market to move higher
(or lower) the following day.  These tables can help you to
pinpoint market conditions that have historically led to
significant up or down moves over the next 1 to 5 days. 

Click here
for more information on our Daily Market Bias
indicators.



Stocks in
Motion

Rite Aid
(
RAD |
Quote |
Chart |
News |
PowerRating)
March Same Store Sales Up 3.3%; Sales
Rise 3.8% (full
story
).  RAD shares added 1.2%.

Rockwell
(
ROK |
Quote |
Chart |
News |
PowerRating)
Reveals Resignation Of Senior VP And CFO James Gelly; Names Theodore
Crandall Interim CFO (full
story
).  ROK shares dropped 5.6%.

Constellation Brands
(
STZ |
Quote |
Chart |
News |
PowerRating)
Q4 Profit Rises On
Higher Wine Sales; Backs FY08 EPS Outlook (full
story
).  STZ shares gained 3.2%.

Micron Technology
(
MU |
Quote |
Chart |
News |
PowerRating)
Swings To Q2 Loss (full
story
).  MU shares lost 4.4%.

Immucor
(
BLUD |
Quote |
Chart |
News |
PowerRating)
Q3 Profit Up 28%, EPS Tops
Consensus By A Penny (full
story
).  BLUD shares jumped 9%.

For more stories as they happen, go to our
Breaking News section.

Market Snapshot

Dow

+30.15 12,560.20

NASDAQ

+12.65 2,471.34

S&P 500

+4.39 1,443.76

 

NYSE NASDAQ

Volume

2,307,750,000 1,512,136,000

Advances

1986 1680

Declines

1222 1320

Up Volume

1362 1013

Down Volume

721 378

New Highs

238 154

New Lows

19 47



Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors

S&P Healthcare Index (HCX) S&P Chemicals Index (CEX)
Amex Airline Index (XAL) CBOE Internet Index (INX)
GSTI Hardware Index (GHA) Amex Gold Bugs Index (HUI)


Economic
News

Initial Claims 321K vs 315K
consensus

Darren Wong

Associate Editor

darrenw@tradingmarkets.com