Stock:
Symbol Lookup
Register | Login My Watchlist | My Account | Logout
History
to View Your Portfolio

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stocks Gain in Early Trading, S&P 500 Crosses 500 Mark

Friday, January 25, 2013 11:24 AM
U.S. stocks edged higher in early trading on Friday as the market sentiment was upbeat in the wake of better than expected quarterly results from blue chip companies while a robust German ifo data also raised hopes that euro zone was finally seeing some turnaround in the economy. At last check, the Dow Jones Industrial Average Index gained 0.26%, the NASDAQ Composite Index climbed 0.55% while the S&P 500 Index edged up 0.34%. All key S&P 500 sectors were trading in green territory with energy and telecom stocks gaining the most. Shares of Kimberly-Clark Corp. (NYSE: KMB) gained nearly 5% in early trade on Friday after the company’s quarterly results fared better than Street’s expectations. The consumer products company’s full year outlook on earnings and revenue was also in line with analysts’ expectation. Shares of The Procter & Gamble Company (NYSE: PG) edged up on Friday after consumer goods giant posted stronger-than-expected earnings as product segments gained market share. The Company also boosted its sales and earnings outlook for fiscal 2013. Shares of AT&T Inc. (NYSE: T) gained on Friday. Although the U.S’s second largest mobile services company’s earnings fell a tad short from Wall Street estimate, revenue during the period rose at faster-than-expected rate, thanks to strong growth in mobile subscriptions. Shares of Halliburton Company (NYSE: HAL) jumped 4% in early trade after the company announced better-than-expected quarterly earnings in spite of  a slowdown in natural gas industry in the North American region. Elsewhere in Europe, all leading benchmark indexes were gaining with Pan European Stoxx 600 Index up 0.24%, FTSE 100 gaining0.23% while Germany’s DAX climbing 1.42%. Investors risk appetite increased by significantly after German ifo Index, a gauge on business sentiment, showed a sharp rise – more than what economists anticipated. In Asia Nikkei rallied 2.88% on Friday after Bank of Japan reaffirmed its pledge to keep monetary policy extremely accommodating in order to lift the economy out of recession.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2016 the year you get RICH!

Latest Headlines

Bangladeshi probe panel's chief says SWIFT responsible for cyber theftBangladeshi probe panel's chief says SWIFT responsible for cyber theft
DHAKA (Reuters) - A Bangladesh government-appointed panel investigating the theft of $81 million from the country`s central bank has found that SWIFT, the international banking payments network, commi...
Vietnam's TPBank says thwarted cyber hacking attempt late last year Vietnam's TPBank says thwarted cyber hacking attempt late last year
HANOI (Reuters) - Vietnam`s Tien Phong Bank (TPBank) said on Sunday it had thwarted a hacking attempt in the final quarter of last year and avoided the loss of more than 1 million euros ($1.13 million...
Vietnam bank says interrupted cyber heist using SWIFT messaging Vietnam bank says interrupted cyber heist using SWIFT messaging
HANOI/BOSTON (Reuters) - Vietnam`s Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages, the same technique at the heart of February`s m...
EU member states agree roaming for NetflixEU member states agree roaming for Netflix
BRUSSELS (Reuters) - Consumers will be able to access their online subscriptions for services like Netflix , Sky and Canal+ when they travel across the European Union under proposals tentatively agree...

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.

{localized={en_US=Terry}, preferredLocale={country=US, language=en}} {localized={en_US=Scott}, preferredLocale={country=US, language=en}}

Terry Scott
CEO of StockMarketWatch

View Profile


Learn the Stock Market

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

Be a Better
Trader, Today
arrow
PreMarket PRO Our New Streaming Realtime Pre-Market Product -- Click Here to Learn More