S&P 500 Closes At 5-Year High

Dow closes up 0.6%, S&P up 0.88%, and Nasdaq finishes
up 1.3%.  Crude oil futures close higher by 1% at $61.22.

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

Morgan Stanley Ups Time Warner Inc. To
Overweight From Equal Weight With $26 Up From $21 Price Target.  TWX shares
rise by 2.26%.

First Bancshares Posts Narrower Loss In Q4 (full
story
).  FBSI shares jump nearly 6%.

McDonald’s Corp. Has Risen To A New High For
The Year.  MCD shares finish the day up 1.67%.

Halliburton Unveils Technology To Improve
Unconventional Reservoirs (full
story
).  HAL shares trade fractionally lower.

Walgreen Q4 Profit Up 25.3% (full
story
).  WAG shares drop 5.1%.

Chiquita Brands Says May Sell Shipping Unit;
Suspends Dividend; Says Spinach, Bananas Hurt Results In Q3 (full
story
).  CQB shares slip by nearly 15%.

For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News
section.



Market Snapshot

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Dow

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+67.71

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11,575.81

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NASDAQ

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+30.14

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2,249.07

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S&P 500

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+11.59
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1,326.37
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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,657,915,000

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1,817,915,000

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Advances

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2210

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1816

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Declines

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1062

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1224

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Up Volume

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1662

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1376

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Down Volume

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697

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312

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New Hi’s

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125

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82

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New Lo’s

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79

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80



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

PHLX Semiconductor
Index (SOX)

Dow Jones Equity REIT Index (DJR)
GSTI Semiconductor Index (GSM) Amex Gold Bugs Index (HUI)
S&P Retail Index (IXCOX) PHLX Gold and Silver Sector (XAU)

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

Fed’s Fisher: Risks Still Tilted Toward Inflation (full
story
).

Existing Home Sales Show Modest Decline In August (full
story
).

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Darren Wong

darrenw@tradingmarkets.com


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