Stocks Inch Higher

Major indices close higher by 0.2%. Crude oil futures
trade lower by 1.3% to $61.22.

Stocks on the Move

EFJ
(
EFJI |
Quote |
Chart |
News |
PowerRating)
Rises On News Of Defense Contract (full
story
).  EFJI shares soar by 23.5%.

GoAmerica Inc.
(
GOAM |
Quote |
Chart |
News |
PowerRating)

Has Risen To A New 52-Week High (full
story
).  GOAM shares rise by 18%.

Hewlett-Packard
(
HPQ |
Quote |
Chart |
News |
PowerRating)

CFO To Retire At Year-end; Treasurer Cathie Lesjak Named New Finance Chief (full
story
).  HPQ shares rise by nearly 1%.

Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)
,
Vertex

(
VRTX |
Quote |
Chart |
News |
PowerRating)
Reveal Positive Phase I Study Results (full
story
).  MRK shares are close fractionally higher, while VRTX shares
drop over 5%.

Nuvelo
(
NUVO |
Quote |
Chart |
News |
PowerRating)
: Phase 3 Study Misses Target;
Suspends Patient Enrollment (full
story
).  NUVO shares get slashed by nearly 80%.

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

Market Snapshot

Dow


+20.99

12,328.48

Nasdaq

+5.50

2,442.86

S&P 500


+3.20

1,413.04

NYSE


NASDAQ

Volume


2,216,078,000

1,798,630,000

Advances


1877

1557

Declines


1386

1517

Up Volume


1048

948

Down Volume


925

757

New Highs


258

161

New Lows


20

41

Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors

CBOE Dow Ten (MUT)


Amex Securities Broker/Dealer Index (XBD)

Amex Airline Index (XAL)

Nasdaq Other Finance (OFIN)


Amex Gold Bugs
Index (HUI)

Amex Disk Drive
Index (DDX)

Economic News

Wholesale Inventories +0.8% vs +0.6% consensus

Darren Wong
darrenw@tradingmarkets.com

Use our most popular trading tool to find out how your stocks will move in the next 5 days.


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