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

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 2014 the year you get RICH!

Latest Headlines

Faulty airbags warning expanded to 6.1. million U.S. cars: NHTSAFaulty airbags warning expanded to 6.1. million U.S. cars: NHTSA
WASHINGTON (Reuters) - The U.S. highway safety regulator, NHTSA, expanded its warning on Tuesday about faulty airbags made by Japanese auto-part maker Takata <7312.T> to 6.1 million vehicles in ...
Euro on defensive after ECB bond buy report, yen slipsEuro on defensive after ECB bond buy report, yen slips
TOKYO (Reuters) - The euro flirted with one-week lows on Wednesday following a Reuters report that the European Central Bank is considering buying corporate bonds, while recovery in risk appetite un...
Asian shares bask in glow of U.S. tech earningsAsian shares bask in glow of U.S. tech earnings
TOKYO (Reuters) - Asian shares pulled ahead on Wednesday, taking their cue from Wall Street`s strong performance as upbeat results from two technology bellwethers offset recent concerns about the ou...
Japan exports rebound in September, economy still not out of woodsJapan exports rebound in September, economy still not out of woods
TOKYO (Reuters) - Japan`s exports rose at the fastest pace in seven months in September as shipments to Asia picked up pace, but a slowdown in China, war in the Middle East and the spread of the Ebo...
Japan Sept exports rise 6.9 percent year-on-year: MOFJapan Sept exports rise 6.9 percent year-on-year: MOF
TOKYO (Reuters) - Japan`s exports rose 6.9 percent in September from a year earlier, government data showed on Wednesday, in a tentative sign that external demand is starting to pick up. The rise co...

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.