The U.S equity markets, which opened in green, had a great run throughout the day with Dow Jones, S&P 500 and Nasdaq all remaining in green. Dow Jones ended the day up 0.45% to 10,387.31, S&P 500 ended the day up 0.65% to 1,098.91 and Nasdaq ended the day up 0.90% to 2,228.87.
Shares of Incyte Corporation (NASDAQ: INCY) rose as much as 4% today, following a positive rating for the company stock from an analyst at Collin Stewart. The analyst gave the company stock a ‘Buy’ rating with a price target of $18 implying an upward potential of 18%. The company shares are currently trading up 4.85% to $13.63.
Maynard Um a research analyst at UBS Investment Research today announced that Apple Inc (NASDAQ: AAPL) could potentially sell as many as 28 million iPads next year. Markets reacted positively to this news with Apple shares currently up 2.28% to $263.70.
FPB Bancorp Inc (NASDAQ: FPBI) is amongst the biggest gainers of the shares trading on NASDAQ. The company shares are currently up 26.14% to $0.820.
Jingwei International Limited (NASDAQ: JNGW) shares which saw the daily high of $5.10 early today are currently up 16.83% to $4.79. C&D Technologies Inc (NYSE: CHP) is one of the biggest losers on NYSE. The company shares are currently down 15% to $0.425.
Google (NASDAQ: GOOG) today unveiled its super fast and type streaming search enable ‘Google Instant’ search. The company shares are currently up 1.46% to $470.92.
Gold which started the day with green has lost its initial charm and is currently down 0.17% to 1,257.10 an ounce. While oil which started the day in red is currently trading in green and is up 0.82% to $74.70 a barrel.
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Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.
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