Stock Market Watch

Stocks Headed for a Higher Finish

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Stocks are headed for a higher finish in trading today. All three major indexes have kicked off the second quarter on a strong note after positing huge gains in the first quarter. The S&P 500 and the Dow Jones posted their best first-quarter performance since 1998, while the Nasdaq logged in its best first-quarter performance since 1998.

All three major indexes have extended their gains into the second quarter. At last check, the Dow Jones was trading 0.55% higher at 13,284.35, the S&P 500 was trading 0.79% higher at 1,419.63, and the Nasdaq was trading 0.90% higher at 3,119.24.


All sectors in the S&P 500 are sharply higher in trading today. Basic Materials have been the best performers in the S&P 500 in trading today. Basic Materials stocks are rising on the back of better than expected Chinese manufacturing data. At last check, Basic Materials stocks were trading 1.61% higher. Energy stocks have also risen sharply today. At last check, Energy stocks were trading 1.18% higher. Industrials are currently trading 1.06% higher, while Conglomerates are currently trading 0.53% higher. Technology stocks are up 1.10% in late trading.

Among the major gainers in trading currently are Avon Products Inc. (NYSE: AVP), which is currently trading 17.10% higher at $22.67, Willbros Group Inc. (NYSE: WG), which is currently trading 22.53% higher at $3.97, Theravance Inc. (NASDAQ: THRX), which is currently trading 18.67% higher at $23.14, Roundy’s Inc. (NYSE: RNDY), which is currently trading 7.76% higher at $11.53, and Winner Medical Group Inc. (NASDAQ: WWIN), which is currently trading 17.64% higher at $4.

European markets ended mostly higher today, with the FTSE 100 Index in London closing 1.85% higher, and the CAC 40 Index in Paris closing 1.14% 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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