The Stock List: Gold Stocks Down as Goldman Sachs, Wells Fargo Gain
Our 7 Stocks You Need to Know Stock List for Thursday features the continuing saga of the financials, many of which were among the big gainers heading into Thursday’s session. Growth stocks like ^CRM^ that had been underperforming their growth peers were also up big, gaining well over 3% after a three-day sell-off.
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Here are 7 Stocks You Need to Know for Thursday.
The ouster of ^YHOO^ CEO Bartz has encouraged buyers to send the stock higher for a second day. Shares of YHOO finished near session lows on Wednesday, but still gained more than 5%.
Also following through to the upside and closing higher for a second day ahead of Thursday’s trading were shares of ^AAPL^. The stock finished up 1%. Read our latest article about swing trading stocks like Apple here.
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Among the financial stocks making big gains after a three-day retreat below the 200-day moving average are ^WFC^ and Goldman Sachs ^GS^, up more than 4% and 3%, respectively.
The sell-off in gold sent mining shares like ^NEM^ lower by more than 1% in trading on Wednesday. The stock rallied to a new yearly high on an intraday basis on Tuesday. Also closing lower were fellow gold miners ^AUY^ and ^HL^.
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David Penn is Editor in Chief of TradingMarkets.com