Stocks Rally Back To Close In The Green

Dow and S&P finish fractionally higher.  Nasdaq
finishes up 0.5%.  Crude oil futures close higher by nearly 1% at $68.63.

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

Chevron & Devon Energy
have successfully completed a record
setting production test on the Jack #2 well at Walker Ridge Block 758 in the
Gulf of Mexico
(full
story
).  The well could potentially become the top domestic source. 
CVX shares close up nearly 2.5%. 

Devon Energy Says Extended Production Test In
Gulf Of Mexico Met Expectations; Shares Rise (full
story
). DVN shares are trading at 52-week highs up over 12% for the day.

GlaxoSmithKline, Adolor Report Mixed
Phase 3 Study Results; Adolor Shares Plunge (full
story
).  ADLR shares get slashed by 45%.  GSK shares close
fractionally lower.

Caterpillar To Raise Prices Up To 5% For
Machinery And Up To 7% For Engines (full
story
).  CAT shares close higher by 3.6%.

Phelps Dodge And Inco Agree To Terminate
Combination Agreement; Phelps Receives $125Mln Payment From Inco (full
story
).  PD shares rise by nearly 3%, while N shares fall by 1%.

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



Market Snapshot

cellPadding=0 width=”60%” border=1 height=”184″>










































style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=16>

Dow

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=16>

+5.13

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=16>

11,469.28

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=16>

NASDAQ

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=16>

+12.54

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=16>

2,205.70

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

S&P 500

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>
+2.24
style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>
1,313.25
style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

size=2>NYSE

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

size=2>NASDAQ

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

Volume

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

2,035,870,000

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

1,703,081,000

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=16>

Advances

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=16>

1850

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=16>

1784

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

Declines

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

1395

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

1242

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

Up Volume

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

1092

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

964

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

Down Volume

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

668

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

621

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

New Hi’s

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

175

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

107

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

New Lo’s

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

17

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

34



Strongest/Weakest Sectors

cellPadding=0 width=”60%” border=1 height=”82″>












Strongest
Sectors


Weakest
Sectors

Amex Gold Bugs Index (HUI) Morgan Stanley
Healthcare Index (HMO)
PHLX Gold and Silver
Sector Index (XAU)
Disk Drive Index (DDX)
PHLX Oil
Index (OSX)
Utilities Index (UTY)

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

OFHEO House Price
Index – Home Prices Up 10.06% In Q2 Year-Over-Year

Helvetica>
Darren Wong

darrenw@tradingmarkets.com


face=Arial color=#000000 size=2>

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


 

Â