Stock Market Watch

Stocks Headed for a Higher Finish

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Stocks are headed for a higher finish in trading today, with all three major indexes holding on to their gains. Stocks have had a solid run in the first quarter of 2012, which comes to an end today. All three major indexes have risen sharply in the quarter, with the S&P 500 headed for its biggest quarterly gain in more than a decade.

At last check, the Dow Jones was trading 0.48% higher at 13,209.39, the S&P 500 was trading 0.42% higher at 1,409.26, and the Nasdaq was trading 0.02% higher at 3,095.99.


Consumer Non-Cyclical stocks are leading the gains in the S&P 500 in late trading. At last check, Consumer Non-Cyclical stocks were trading 0.84% higher. Energy stocks have also risen sharply in trading today. At last check, Energy stocks were trading 0.81% higher. Basic Materials stocks are currently trading 0.61% higher. Technology stocks have been the worst performers in the S&P 500 today, down 0.01% currently.

Among the major gainers and losers in late trading today are ImmunoGen Inc. (NASDAQ: IMGN), which is currently trading 5.12% higher at $14.44, Cybex International Inc. (NASDAQ: CYBI), which is currently trading 21.08% higher at $2.70, Spanish Broadcasting System Inc. (NASDAQ: SBSA), which is currently trading 42.25% higher at $6.70, ASA Gold and Precious Metals Ltd. (NYSE: ASA), which is currently trading 1.46% higher at $25.70, and Research In Motion Limited (NASDAQ: RIMM), which is currently trading 6.77% higher at $14.66.

Among the major losers in late trading are Global Payments Inc. (NYSE: GPN), which is currently trading 9.06% lower at $47.50, and Finish Line Inc. (NASDAQ: FINL), which is currently trading 15.67% lower at $21.37.

European markets ended mostly higher today, with the FTSE 100 Index in London closing 0.46% higher, and the CAC 40 Index in Paris closing 1.26% higher.

 

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edliston
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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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.

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