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

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stocks End Sharply Higher

Tuesday, June 25, 2013 4:37 PM
Stocks rebounded sharply on Tuesday, paring most of their losses from previous trading session, as concerns over liquidity crunch in China were overshadowed by some robust U.S. economic data. The Dow Jones ended the day 0.69% higher at 14,760.31, the S&P 500 ended the day 0.95% higher at 1,588.03, and the Nasdaq ended the day 0.82% higher at 3,347.89. All sectors in the S&P 500 ended the day sharply higher. Telecommunications sector led the gains, ending the day 1.70% higher. Financials also rose sharply, ending the day 1.64% higher. Basic Materials sector gained 1.15%. Energy sector rose 1.01%, while Industrials rose 1.07%. Among the major movers in trading on Tuesday were Carnival Corporation (NYSE: CCL), which ended the day 5.03% higher at $34.89, Lennar Corporation (NYSE: LEN), which ended the day 0.69% higher at $35.23, and Walgreen Company (NYSE: WAG), which ended the day 5.89% lower at $45.22. On the economic front, a report released by the Commerce Department showed that durable goods orders rose 3.6% in May, beating consensus forecast of an increase of 3%. Meanwhile, consumer confidence rose to the highest level in more than five years in June, according to the Conference Board. Home prices in 20 U.S. cities rose 1.7% in April, according to data from S&P/Case-Shiller. A separate report showed that new home sales rose 2.1% to a seasonally adjusted annual rate of 476,000 units in May. European markets also rose on Tuesday, with the FTSE 100 Index in London closing 1.21% higher, and the CAC 40 Index in Paris closing 1.51% higher. Asian markets ended on a mixed note overnight, with the Nikkei 225 Index in Japan closing 0.72% lower, and the Hang Seng Index in Hong Kong closing 0.21% 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

Germany to reject EU-Canada trade deal: Sueddeutsche newspaperGermany to reject EU-Canada trade deal: Sueddeutsche newspaper
BERLIN (Reuters) - Germany is to reject a multi-billion free trade deal between the European Union and Canada which is widely seen as a template for a bigger agreement with the United States, a leadin...
Goldman mortgage deal with federal agency could reach $1.25 billion: sourceGoldman mortgage deal with federal agency could reach $1.25 billion: source
NEW YORK (Reuters) - A deal to resolve a U.S. regulator`s claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis...
SEC seeks $1.4 billion from Texas Wyly brothers after fraud verdictSEC seeks $1.4 billion from Texas Wyly brothers after fraud verdict
NEW YORK (Reuters) - Texas tycoon Sam Wyly and the estate of his late brother Charles should pay damages totaling $1.41 billion for their role in a scheme that hid trades in companies they controlle...
NHTSA probes air bag software on older Chevrolet ImpalasNHTSA probes air bag software on older Chevrolet Impalas
DETROIT (Reuters) - U.S. safety regulators are investigating the potential for air bags to fail because of software issues in older Chevrolet Impala sedans made by General Motors Co <GM.N>, af...
Murdoch's Fox open to giving Time Warner board seats in new bid: BloombergMurdoch's Fox open to giving Time Warner board seats in new bid: Bloomberg
WASHINGTON (Reuters) - Rupert Murdoch’s 21st Century Fox is open to giving Time Warner Inc shareholders seats on the new company`s board if its takeover bid succeeds, Bloomberg reported on Saturday, c...

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.