Positive economic reports sent stocks sharply higher on this final trading session of the holiday shortened week. Good word from the employment front and optimistic anticipation for Friday’s Non-Farm Payroll report lifted shares. Manufacturing sector growth added to the bullish sentiment. Fantastic sales increases from the big 3 domestic automakers was icing on the cake for the bulls. The DJIA closed up +70.44 to 10927, the tech heavy Nasdaq added +4.62 to 2402.58 and the broad based S&P 500 advanced +8.67 to 1178.10.
^KMX^: Climbed 3.82% or 96 cents to $26.08/share after beating analysts estimates and providing a positive outlook for the future.
^BGP^: Shares soared 47.67% or 82 cents to $2.54 as the book seller obtained additional financing and beat estimates.
^JPM^: The CEO said he may raise dividends pending 3 conditions sending shares higher by1.07% or 48 cents to $45.18.
^MSFT^: Shares fell 0.44% or 13 cents to $29.16 on anticipation that the iPad may hurt PC sales.
Oil added $1.37 to $85.13, gold climbed $12.90 to $1127.10 and the VIX index gave back 0.68% to 17.47.