Stocks ended the session in positive territory after flirting with breakeven for most of the trading day. Bearish news of record budget deficit was countered by improved employment in 9 Federal districts. A strong showing in Boeing lifted the market while Travelers Insurance acted as a drag. The Dow eased higher by +2.95 to 10567.33, the tech heavy Nasdaq surged a relative +18.27 to 2358.95 and the broad based S&P 500 advanced +5.17 to 1145.61.
^RSH^: Climbed 5.58% or $1.20 to $22.70/share after an online news service speculated it was up for sale.
^MU^: Advanced 4.89% or 46 cents to $9.87/share after JMP Securities upped its share price forecast.
^ITMN^: Surged 64.76% or $15.09 to $38.39/share upon a U.S. panel backing of a new lung disease drug.
^GR^: Moved higher by 2.12% or $1.48 to $71.20/share upon being added to Goldman Sachs’ “conviction buy” list.
Oil climbed 45 cents to $81.93, gold fell $14.10 to $1107.70 and the VIX added 3.63% to 18.57.