Strong Earnings Help Lift Stocks


Markets helped out by
positive Coca-Cola and United Technologies earnings; Major indices close fractionally
higher.

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

Coca-Cola
(
KO |
Quote |
Chart |
News |
PowerRating)

Q2 Profit Fizzes Past Estimates (full
story
).  KO shares close up nearly 2%.

Merrill Lynch
(
MER |
Quote |
Chart |
News |
PowerRating)

Q2 Net Earnings Vault 44% On Strong Revenue Growth (full
story
).  MER finishes down over 1%.

United Technologies
(
UTX |
Quote |
Chart |
News |
PowerRating)
Q2 EPS Rises 15% On Strong Aerospace Demand (full
story
).  UTX finishes the day up over 1.5%.

Charles Schwab
(
SCHW |
Quote |
Chart |
News |
PowerRating)

Q2 Profit Rises (full
story
).  SCHW shares move up nearly 1%.

Johnson & Johnson
(
JNJ |
Quote |
Chart |
News |
PowerRating)
Q2 Profit Rises (full
story
). 
JNJ trading down nearly 1%.

Freeport-McMoRan Copper &
Gold

(
FCX |
Quote |
Chart |
News |
PowerRating)
Q2 Profit More Than
Doubles (full
story
).  FCX ends up nearly 1%.

Wells Fargo
(
WFC |
Quote |
Chart |
News |
PowerRating)

Q2 Profit Up 9% (full
story
).  WFC shares are down fractionally.

Ameritrade Holding

(
AMTD |
Quote |
Chart |
News |
PowerRating)
Q3 EPS Rises On 130% Top Line Growth; Beats Estimate (full
story
).  AMTD rises over 7% in today’s trading.

Crude oil futures moved sharply lower in today’s
session finishing down over 2% at $73.85.

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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+53.55
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10,800.91

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NASDAQ

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+5.45

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2,043.17

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S&P 500

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+2.42

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1,236.91

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,299,554,000

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1,862,551,000

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Advances

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1352

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1287

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Declines

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1916

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1687

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Up Volume

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708

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608

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Down Volume

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1348

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1103

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New Hi’s

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24

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25

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New Lo’s

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194

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243

Sectors

Strongest Sectors

Dow Jones Internet Commerce Index (ECM)

Nasdaq Financial-100 Index (IXF)

Thestreet.com Internet Index (DOT)

Weakest Sectors

Networking Index (NWX)

Morgan Stanley Health Provider (RXH)

Deutsche Bank Energy Index (DXE)

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



Wholesale Prices Increase On Higher Food Prices (full
story
).



China GDP Expands 10.9% In First Half (full
story
).



Core PPI Up 0.2%
For June



PPI Up 0.5% For
June



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Darren Wong

darrenw@tradingmarkets.com



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