Stocks Shrug Off Terror Plot


Markets move higher despite
U.K. terror plot; major indices up nearly 0.5%.

U.K. Airplane Bombing Plot Foiled, U.S. Raises Threat
Level (full
story
).

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

Airline stocks were among those hit in relation to the
thwarted terror plot this morning.

United Airlines
(
UAUA |
Quote |
Chart |
News |
PowerRating)

finished lower by 1.4%.

British Airways
(
BAB |
Quote |
Chart |
News |
PowerRating)

was the hardest hit airline falling 3.4% in today’s trading.

However the Airline Index
(XAL) was able to make up the early declines to closed up 1.3%

Urban Outfitters
(
URBN |
Quote |
Chart |
News |
PowerRating)

Q2 Profit Declines, EPS Misses Consensus By A Penny; Revenue Up 13% (full
story
).  URBN shares jump over 14% in today’s trading..

Expedia
(
EXPE |
Quote |
Chart |
News |
PowerRating)

Q2 Profit Rises On Higher Revenues; Adj. Income Decline (full
story
).  EXPE runs up 6%.

AIG
(
AIG |
Quote |
Chart |
News |
PowerRating)
Q2
Earnings Drop; Top Estimates, Ex-items (full
story
).  AIG shares move up by over 3%.

IMAX Corp.
(
IMAX |
Quote |
Chart |
News |
PowerRating)

Is Losing Ground On SEC Inquiry (full
story
).  IMAX shares slashed by over 40% in the morning session.

Crude oil futures sell of today to close lower by
nearly 3% at $74.20.

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

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Dow

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+44.10
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11,120.28

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NASDAQ

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+11.47

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2,071.75

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S&P 500

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+5.30

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1,271.25

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,294,464,000

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1,711,691,000

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Advances

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1875

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1731

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width=”26%” height=16>

Declines

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1380

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1256

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Up Volume

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1120

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970

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Down Volume

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928

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595

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New Hi’s

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47

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36

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New Lo’s

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117

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199

Sectors

Strongest Sectors

Morgan Stanley Health Provider (RXH)

GSTI Semiconductor Index (GSM)

Airline Index (XAL)

Weakest Sectors

Deutsche Bank Energy Index (DXE)

Oil Index CBOE (OIX)

Natural Gas Index (XNG)

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

Jobless Claims Come In Above Economist Estimates (full
story
).

Trade Deficit Narrows To $64.8 Bln In June (full
story
).


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Darren Wong

darrenw@tradingmarkets.com


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