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Stocks Edge Higher

Friday, January 4, 2013 4:53 PM
Stocks have extended their gains in late trading, with all three major indexes currently at session highs. Stocks are gaining on the back of better than expected ISM non-manufacturing data and a solid jobs report for the month of December. At last check, the Dow Jones was trading 0.38% higher at 13,442.04, the S&P 500 was trading 0.57% higher at 1,467.75, and the Nasdaq was trading 0.19% higher at 3,106.60. Transportation sector is leading the gains in the S&P 500 in late trading today. At last check, the sector was trading 1.11% higher. Financials have also risen sharply in trading today. At last check, the sector was trading 0.99% higher. Energy sector is currently trading 0.93% higher, while Basic Materials sector is currently trading 0.68% higher. Technology is the only sector in red in the S&P 500 in late trading. At last check, the sector was down 0.41%. Apple Inc. (NASDAQ: AAPL) shares are leading the losses in the Technology sector. Shares of the Cupertino, California-based technology company are currently trading 2.57% lower at $528.15. Finish Line Inc. (NASDAQ: FINL) shares have also fallen sharply in trading today. The stock has tumbled after the retailer reported its quarterly results. At last check, FINL shares were trading 9.38% lower at $17.25. Other major movers in late trading today include Acme Packet Inc. (NASDAQ: APKT), which is currently trading 11.55% higher at $23.85, Coinstar Inc. (NASDAQ: CSTR), which is currently trading 3.67% lower at $50.14, Eli Lilly & Co. (NYSE: LLY), which is currently trading 3.94% higher at $51.68, Mosaic Co. (NYSE: MOS), which is currently trading 3.51% higher at $58.76, and Facebook Inc. (NASDAQ: FB), which is currently trading 3.28% higher at $28.68. European markets ended mostly higher earlier today, with the EURO STOXX 50 Index closing 0.30% higher.

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