Symbol Lookup
Register | Login

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”.    

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

Chevron cancels Canadian Arctic drilling as oil prices slideChevron cancels Canadian Arctic drilling as oil prices slide
CALGARY, Alberta (Reuters) - Chevron Corp <CVX.N> is putting a plan to drill for oil in the Beaufort Sea in Canada`s Arctic on hold indefinitely because of what it called "economic uncertainty i...
Top Herbalife salesman acknowledges high failure rate in videoTop Herbalife salesman acknowledges high failure rate in video
BOSTON (Reuters) - A top Herbalife salesman said that most people who sell the company`s weight loss and nutrition products are doomed to fail, adding fresh grist to accusations by a hedge fund manage...
IMF disburses $1 billion to Pakistan under loan programIMF disburses $1 billion to Pakistan under loan program
WASHINGTON (Reuters) - The International Monetary Fund said on Wednesday it had released a $1.05 billion loan increment to Pakistan as the South Asian country was on track in meeting the conditions of...
Why 1 Analyst Thinks BlackBerry Is In 'Reinvention Mode'Why 1 Analyst Thinks BlackBerry Is In 'Reinvention Mode'
BlackBerry Ltd (NASDAQ: BBRY ) received two Christmas gifts this week: big sales and new money. BlackBerry Classic, the new version of the old BlackBerry handset, had sold out online in North Am...
Barclays' CEO: funds set aside to settle forex probe not enough: reportBarclays' CEO: funds set aside to settle forex probe not enough: report
(Reuters) - The 500 million pounds (US$783.70 million) Barclays PLC <BARC.L> set aside to settle allegations of rigging the foreign exchange market would not be enough, the bank`s Chief Executiv...

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.

Algorithm Based
Trade Signals
small cap swing trades SmallCaps stocks under $10
Index Signals Index Signals SPY, QQQ, DIA, IWM
options trading Mega Stocks options + stock trade signals
Forex Forex Signals major FX pairs signals