TradingMarkets 7 Stocks You Need to Know for Monday
The final trading session of 2009 ended on a sour note with the major indexes dropping sharply. Profit taking, portfolio reshuffling and rate increase fears led to the sell off. Normally bullish news of unemployment claims decreasing backfired on the longs as investors feared an improving economy would result in decreased governmental stimulus. The DJIA fell 120.46, the Nasdaq gave back 22.13 and the S&P 500 dropped 11.32.
Here are 7 stocks you need to know for Monday.
^T^ has dropped Tiger Woods as a spokesperson due to his marital situation.
^IDN^ and ^ICXT^ among other bomb scanning makers, soared on the Christmas day terrorist attempt.
^MOS^ announces earnings after trading on Monday with an expected EPS of 37 cents.
^WFC^ has eliminated executive cash bonuses for 2009.
^MVL^ shareholders have approved a ^DIS^ takeover.