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

Pre Market | Dow Jones | Gold | Newsletters | Learn

Futures Trading on Auto-Pilot
Our custom CL algo. just made 25% gains in 2 weeks.
100% secure: your email is never shared, and you may opt out at any time.

Stocks Gain in Early Trade

Thursday, June 27, 2013 9:42 AM
U.S. stocks edged higher in early trading as market sentiment was bolstered by solid economic data. At last check, the DJIA climbed 0.73%; the NASDAQ Composite Index gained 0.63% while the S&P 500 Index advanced 0.65%. Weekly jobless claims fell for the week ended 22 to a seasonally adjusted 346,000 from 354,000, in the previous week, said the U.S. Labor Department. Economists surveyed by Reuters expected first time claims falling to seasonally adjusted 345,000. According to the Commerce Department, personal income rose 0.5% in May compared to economists’ expectation for 0.2% gains. Spending in the same period rose 0.3%, which was in-line with economists’ expectation. Spices and flavored products maker, McCormick & Company Inc. (NYSE: MKC) reported fiscal second quarter results earlier today, which matched Street’s estimates; however, the Company slashed its full-year outlook due to weakness in industrial markets. Shares of ConAgra Foods Inc. (NYSE: CAG) gained in early trade after the food manufacturer, posted better-than-expected earnings for the fiscal fourth quarter while revenue was mainly in-line with expectation. The Company said that its earnings were boosted by Ralcorp’s acquisition. Shares of KB Home (NYSE: KBH) climbed in early trade after the homebuilder reported less-than-feared quarterly loss while revenue exceeded analysts’ estimate. In China, industrial profits climbed 15% in May, YOY, allaying concerns that the world’s second largest economy was beginning to lose its momentum. The Shanghai Composite Index ended mainly flat but Hang Seng gained 0.50% on Thursday. Japan’s Nikkei 225 rallied almost 3%. Elsewhere in Europe, equities pared initial losses to turn higher with pan European Stoxx 600 up 0.28%, FTSE 100 gaining 0.90% while DAX edging up 0.32%, at last check.  
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2015 the year you get RICH!

Latest Headlines

Stock market volatility could slow cooling IPO marketStock market volatility could slow cooling IPO market
(Reuters) - The stock market turmoil of the last five days, following weeks of broader declines that have left half of this year`s newly listed stocks below their offering prices, could slow the alr...
Exclusive: Carlyle looks to sell Landmark Aviation for $1.7 billion: sourcesExclusive: Carlyle looks to sell Landmark Aviation for $1.7 billion: sources
(Reuters) - Carlyle Group LP <CG.O> has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, according to people familiar with the m...
Exclusive: Russia's Kaspersky threatened to 'rub out' rival, email showsExclusive: Russia's Kaspersky threatened to 'rub out' rival, email shows
SAN FRANCISCO (Reuters) - In 2009, Eugene Kaspersky, co-founder of one of the world`s top security companies, told some of his lieutenants that they should attack rival antivirus software maker AVG ...
United Airlines to revamp scheduling to fight flight delaysUnited Airlines to revamp scheduling to fight flight delays
CHICAGO (Reuters) - United Airlines plans to change the way it schedules flights and to use new technology to tackle the delays and cancellations that have hurt its competitiveness, company executiv...
Unions set sights on e-commerce and manufacturing firms after NLRB rulingUnions set sights on e-commerce and manufacturing firms after NLRB ruling
(Reuters) - U.S. union leaders said on Friday that a landmark U.S. labor board ruling on companies` obligations toward contract and franchise workers would help them organize manufacturers and e-com...

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.