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

Pre Market | Dow Jones | Gold | Newsletters | Learn


U.S. Stocks Edge Higher

Tuesday, March 26, 2013 9:44 AM
U.S. stocks edged higher in early trading as investors cheered better than expected housing market and durable goods data. At last check, the Dow Jones Industrial Average Index gained 0.43%; the NASDAQ Composite Index edged up 0.43%while the S&P 500 Index also advanced 0.43%. A data provided by the Commerce Department showed that durable goods orders rose 5.7% in February, beating economists’ consensus forecast for 3.8% increase. The latest data showed that demand for transportation equipment improved significantly.  Excluding transportation equipments, durable orders fell 0.5 percent after rising 2.9 percent in January. Economists polled by Reuters were expecting a 0.5 percent rising durable goods orders (excluding transporting equipments) . The S&P/Case-Shiller Home Price Index, a monthly gauge on home prices at 20 metropolitan areas, rose 1% in January against economists’ expectation for 0.9% gain. The Index climbed 8.1%, Year-on-year. Just before the quarterly earnings release, Stifel Nicolaus upgraded shares of Mattress Firm Holding Corp. (NASDAQ: MFRM) to “buy” rating from “hold” rating. Shares of Children's Place Retail Stores Inc. (NASDAQ:PLCE) fell in early trading after the apparel and accessories retailer provide pessimistic guidance on the current quarter and full-year. European equities were marginally higher with Pan European Stoxx 600 Index up 0.03%, FTSE advancing 0.08% while DAX gaining 0.14%. Market sentiment took a beating on Monday when Eurogroup head and the Netherland’s finance minister; Jeroen Dijsselbloem indicated that Cyprus bailout agreement (which demanded heavy taxes on bank depositors) would serve as model for other euro zone rescues, triggering concerns of possible bank runs. However, the finance minister’s office latter retracted the statement, saying that it was (Cyprus bailout) was a “specific case”.    
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

China graft watchdog probes another exec at Volkswagen JVChina graft watchdog probes another exec at Volkswagen JV
BEIJING (Reuters) - China`s anti-graft watchdog has said it is investigating a former senior executive at Volkswagen AG`s Chinese venture, FAW-Volkswagen Automotive Co Ltd, for corruption, the latest ...
ECB ready to adjust monetary policy, Coeure says in Greek paperECB ready to adjust monetary policy, Coeure says in Greek paper
ATHENS (Reuters) - The European Central Bank is ready to adjust its monetary policy further if needed and boost bank liquidity, ECB executive board member Benoit Coeure said in an essay published in G...
Exclusive: Bitcoin promoter to plead guilty to unlicensed money transmissionExclusive: Bitcoin promoter to plead guilty to unlicensed money transmission
NEW YORK (Reuters) - Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of the digital currency to users of illici...
Exclusive: Bitcoin promoter to plead guilty to unlicensed money transmissionExclusive: Bitcoin promoter to plead guilty to unlicensed money transmission
NEW YORK (Reuters) - Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of the digital currency to users of illici...
Italy's Renzi tries new reform plan as economy sinksItaly's Renzi tries new reform plan as economy sinks
ROME (Reuters) - Prime Minister Matteo Renzi on Friday presented a plan to quicken the pace of Italian justice and break down bureaucratic obstacles to investment as fresh data pointed to a further ...

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.