Stocks Rally, Dow Gains Triple Digits

  • August 31, 2007
  • TradingMarkets Editors

Stocks ended the week on a positive note, after comments by Federal Reserve Chairman
Ben Bernanke’s, that the Fed was ready and willing to use
all available resources to keep the economy healthy. Investors
were also encouraged by President Bush’s plans to help borrowers
avoid defaulting in the wake of the sub-prime crisis.

The U.S. markets will be closed on Monday in observance of
Labor Day.

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Stocks in Motion

SkillSoft
(
SKIL |
Quote |
Chart |
News |
PowerRating) Q2 Profit Surges On Tax Benefit; Cuts FY08 View
(read
more).

Vivendi Q2 Profit Drops 38%; Affirms FY07 Adj. Earnings View (full
story).

Lone Star Cuts Offer Price For Accredited Home Lenders
(
LEND |
Quote |
Chart |
News |
PowerRating)
To $8.50/share (read
more)

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


Market Snapshot

Dow

 119.01 13357.74

NASDAQ

 31.06 2596.36

S&P 500

 16.35 1473.99

NYSE NASDAQ

Volume

 1,393,401,590 1,552,402,839

Up Volume

 1,263,849,830 1,299,676,241

Down Volume

 120,551,120 227,607,964

Advances

 2,861 2,105

Declines

 466 862

New Highs

 36 49

New Lows

 12 36


Strongest/Weakest Industry Groups

Strongest Industries

Weakest Industries
Computer Based
Systems		 Heavy
Construction
Home
Improvement Stores
Medical Practitioners
Foreign Regional
Banks		 Toy &
Hobby Stores


 




Economic
News

None today

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