Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stocks End Higher as Alcoa Earnings Lift Sentiment

Wednesday, January 9, 2013 5:23 PM
Stocks edged higher in trading today after aluminum giant Alcoa Inc. (NYSE: AA) kicked off the latest earnings season on a strong note. All three major indexes finished higher following two straight days of losses. The Dow Jones ended the day 0.46% higher at 13,390.51, the S&P 500 ended the day 0.27% higher at 1,461.02, and the Nasdaq ended the day 0.45% higher at 3,105.81. All sectors in the S&P 500 ended the day in green. The gains were led by Consumer Cyclical sector, which ended the day 1.75% higher. Industrials also rallied in trading today, ending the day 0.97% higher. Financials ended the day 0.37% higher. Energy sector ended the day 0.04% higher after trading in red for most of the day. Basic Materials sector rose 0.52%. Alcoa shares finished marginally lower even as the company reported fourth-quarter earnings that were in-line with consensus forecast. The company also gave a bullish outlook for 2013. Alcoa shares ended the day 0.22% lower at $9.08. Facebook Inc. (NASDAQ: FB) shares rallied in trading today, crossing $30 mark for the first time in six months, after the company sent out a press event invitation for next week at its Menlo Park campus. Investors and analysts are speculating that the company may introduce a phone or a search engine at the event next week. Facebook shares ended the day 5.26% higher at $30.59. Other major movers in trading today were Apollo Group Inc. (NASDAQ: APOL), which ended the day 7.69% lower at $19.33, Clearwire Corp. (NASDAQ: CLWR), which ended the day 7.19% higher at $3.13, and DISH Network Inc. (NASDAQ: DISH), which ended the day 2.45% higher at $36.85. European markets ended mostly higher earlier today, with the FTSE 100 Index in London closing 0.74% higher, and the CAC 40 Index in Paris closing 0.31% higher. Asian markets also rose overnight, with the Nikkei 225 Index in Japan closing 0.67% higher, and the Hang Seng Index in Hong Kong closing 0.46% higher.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2014 the year you get RICH!

Latest Headlines

Exclusive: EU to fine JPMorgan, UBS, Credit Suisse over Swiss franc Libor riggingExclusive: EU to fine JPMorgan, UBS, Credit Suisse over Swiss franc Libor rigging
BRUSSELS (Reuters) - European Union antitrust regulators are set to fine JPMorgan <JPM.N>, UBS <UBSN.VX> and Credit Suisse <CSGN.VX> collectively over $115 million for rigging Swis...
Lockheed boosts third quarter profit 5 percent as sales drop againLockheed boosts third quarter profit 5 percent as sales drop again
WASHINGTON (Reuters) - Lockheed Martin Corp, the Pentagon`s No. 1 supplier, on Tuesday reported a five percent increase in third quarter profit despite a continuing drop in revenues, but its largest d...
Harley-Davidson posts results that top expectationsHarley-Davidson posts results that top expectations
(Reuters) - Harley-Davidson Inc <HOG.N> reported better-than-expected quarterly financial results on Tuesday, lifted by strong sales of its products in key markets, including the United States. ...
Kinder Morgan Canada pipeline plans hits a mountain of oppositionKinder Morgan Canada pipeline plans hits a mountain of opposition
VANCOUVER (Reuters) - A Western Canadian pipeline once seen as the best near-term hope for sending more of the country`s controversial tar sands crude to Asia has hit another snag: aboriginal commun...
Futures point to fourth day of gains; Apple ralliesFutures point to fourth day of gains; Apple rallies
NEW YORK (Reuters) - U.S. stock index futures were higher on Tuesday, pointing to a fourth straight session of gains, with technology shares especially poised for outperformance following strong res...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.