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

Pre Market | Dow Jones | Gold | Newsletters | Learn


U.S. Stocks Edge Higher

Monday, March 25, 2013 9:45 AM
U.S. stocks edged higher in early trading on Monday as global investors took a sigh of relief after the Cypriot government reached a last-minute bailout deal with international lenders, earlier today. At last check, the Dow Jones Industrial Average Index gained 0.22%; the NASDAQ Composite Index edged up 0.35% while the S&P 500 Index advanced 0.37%. Earlier today the Cypriot government agreed to raise euro 4.2 billion from taxing unsecured deposits and winding down its second largest bank, the Popular Bank of Cyprus in lieu of euro 10 billion in financial aid from the troika (ECB, EU, IMF). Shares of Dollar General Corp. (NYSE: DG) climbed in early trading after the company handed better-than-expected fiscal fourth quarter results and expects sales growth of 10% o 12% in the current fiscal. Shares of Apollo Group Inc. (NASDAQ: APOL) rallied in early trading. Although the Company reported 79% plunge in profits for the fiscal second quarter, on adjusted basis, earnings per share surpassed analysts’ consensus estimate. Shares of Research in Motion (NASDAQ: BBRY), which will be soon officially called as Blackberry, fell after the reports emerged that its generation-next Z10 model failed to generate excitement among Americans. Meanwhile, analysts at Goldman Sachs downwardly revised its rating on the stock to “neutral” from “buy”. In some other markets, the euro surged against all major traded currencies on Monday following the bailout deal. Nevertheless, macroeconomic weakness and simmering concerns over political stalemate in Italy can weigh down the common currency in coming days. Crude oil futures gained 0.74% to $94.40 a barrel while gold futures fell 0.76% to $1,595.70 an ounce. No major U.S economic data is scheduled to be released on Monday. Elsewhere in Europe all leading benchmark indexes were trading in green territory with Pan European Stoxx 600  
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

China says EU should take steel dumping claims to WTO China says EU should take steel dumping claims to WTO
BEIJING (Reuters) - China`s Ministry of Commerce said that claims it was dumping steel in Europe should be put to the World Trade Organization (WTO), responding to reports that the European Commission...
Finland holds on to Moody's triple-A ratingFinland holds on to Moody's triple-A rating
HELSINKI (Reuters) - Moody`s gave no update on Finland`s credit rating on Friday, leaving the recession hit Nordic country among the few euro zone members with two top notch triple-A ratings. Finlan...
Yogurt maker Chobani rejects PepsiCo's offer for stake in company Yogurt maker Chobani rejects PepsiCo's offer for stake in company
(Reuters) - Greek-yogurt maker Chobani LLC, founded by billionaire Hamdi Ulukaya, said on Friday it had rejected offers from beverage giant PepsiCo Inc and other investors. Chobani worked with Goldm...
BlackBerry cuts 200 jobs in Ontario and Florida to trim costsBlackBerry cuts 200 jobs in Ontario and Florida to trim costs
TORONTO (Reuters) - BlackBerry Ltd is cutting 200 jobs at its hometown headquarters in Ontario and in Florida in order to trim costs, it said on Friday, as the smartphone maker moves to turn around it...
U.S., India in talks to settle solar power trade disputeU.S., India in talks to settle solar power trade dispute
WASHINGTON (Reuters) - The United States and India are in talks that could settle a long-running solar power trade dispute, delaying the announcement of a ruling by the World Trade Organization, an ...

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