TradingMarkets 7 Stocks You Need to Know for Monday
Job losses of more than half a million cast a shadow over stocks early. But buyers emerged just before the final hour of trading to send the markets well into the green at the close.
The Dow gained 259.18. The Nasdaq Composite closed higher by 63.75. And the S&P 500 finished up 30.85.
Here are 7 Stocks You Need to Know for Monday.
General Motors
(
GM |
Quote |
Chart |
News |
PowerRating), Ford Motor Company
(
F |
Quote |
Chart |
News |
PowerRating) and Chrysler continued to press their case before the House Financial Services Committee on Friday. The Big Three CEOs received a relatively less harsh reception compared to their Senate appearance on Thursday.
Bank of America
(
BAC |
Quote |
Chart |
News |
PowerRating) shareholders approved of the acquisition of Merrill Lynch
(
MER |
Quote |
Chart |
News |
PowerRating).
UBS analysts suggested that Microsoft Corporation
(
MSFT |
Quote |
Chart |
News |
PowerRating) could miss quarterly earnings estimates for the first time since 2000.
Some of the good news early on Friday was the profit forecast from Hartford Financial Services Group
(
HIG |
Quote |
Chart |
News |
PowerRating), which was better than expected. The stock soared by more than 110%.
National Semiconductor {NSM|NSM] reports quarterly earnings Monday morning before the market opens. Analysts are expecting earnings per share of 21 cents.
Do you think National Semiconductor will be Up or Down on Tuesday? Play the TradingMarkets Up or Down Stock Contest for your chance to win $1,000 a month by correctly guessing the direction of a stock!