Technology Leads Stock Market Recovery

  • August 29, 2007
  • TradingMarkets Editors

Technology stocks led the market’s recovery on Wednesday, with
the NASDAQ surging 2.5%, while the S&P 500 added more than 2%.

Leading the advancers on the NASDAQ were:

Among the NYSE leaders were:

Two more NYSE stocks that were in the news today also made the
top 10 percentage gainers list were Dollar Tree Stores and Big
Lots.

Q2 profit rose at Dollar Tree Stores
(
DLTR |
Quote |
Chart |
News |
PowerRating) (read
more).

Big Lots
(
BIG |
Quote |
Chart |
News |
PowerRating) Q2 profit surged on lower expenses (full
story).

Learn how to profit from current market volatility
with the new CBOE VIX® Options.


Click here
to attend a free 45-minute presentation this week with Larry Connors and learn
how to trade the new CBOE VIX® Options.



Stocks in Motion

DaimlerChrysler
(
DAI |
Quote |
Chart |
News |
PowerRating) Q2 Profit Declines 14% (full
story).

Williams-Sonoma
(
WMS |
Quote |
Chart |
News |
PowerRating) Q2 Profit Drops 27% On Higher Costs (read
more).

Joy Global
(
JOYG |
Quote |
Chart |
News |
PowerRating) Q3 Profit Falls On Weaker U.S. Coal Market;
Cuts FY07 Outlook (full
story).

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


Market Snapshot

Dow

 247.44 13289.29

NASDAQ

 62.52 2563.16

S&P 500

 31.33 1463.69

NYSE NASDAQ

Volume

 1,331,779,470 1,644,822,698

Up Volume

 1,270,059,840 1,468,988,047

Down Volume

 60,005,430 148,576,406

Advances

 2,864 2,279

Declines

 461 668

New Highs

 12 20

New Lows

 46 66


Strongest/Weakest Industry Groups

Strongest Industries

Weakest Industries
Home Furnishing
Stores		 Gaming
Activities
Steel
& Iron		 Drug
Related Products
Personal
Computers
Medical Practitioners


 




Economic
News

None today

TradingMarkets subscribers have access to
16 quantitative
stock indicators and another

17 quantitative market bias indicators. These indicators are derived from
our proprietary database that includes millions of trades, and designed to give
you a short-term trading edge.

If you would like to access all 16 stock indicators, 17 market bias
indicators, along with many other tools, click here for a free
7-day TradingMarkets trial.