Stock Market Watch

Stocks Marginally Higher in Late Trading

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Stocks are higher in late trading today; however, the gains have been limited as investors monitor developments in the euro zone. Earlier today, the Financial Times reported that EU authorities and Spain are discussing terms of a bailout program, which is likely to be unveiled next week.

The news lifted investors’ sentiment and pushed European markets higher earlier in the day. Stocks in the U.S. also rose on the news, but the gains have been modest.

At last check, the Dow Jones was trading 0.09% higher at 13,609.20, the S&P 500 was trading 0.20% higher at 1,463.11, and the Nasdaq was trading 0.28% higher at 3,184.76.

Healthcare sector is leading the gains in the S&P 500 in late trading today. At last check, the sector was trading 0.57% higher. Energy sector has also risen sharply in trading today. At last check, the sector was trading 0.40% higher. Financials are currently trading 0.21% higher. Industrials are up 0.39% in trading currently. Transportation sector has been the worst performer in the S&P 500 in trading today. At last check, the sector was trading 0.63% lower. Basic Materials sector is currently trading 0.20% lower.

Among the major gainers and losers in late trading today are KB Home (NYSE: KBH), which is currently trading 15.71% higher at $15.17, VIVUS Inc. (NASDAQ: VVUS), which is currently trading 12.16% lower at $20.83, Oracle Corp. (NASDAQ: ORCL), which is currently trading 1.13% higher at $32.62, Cooper Tire & Rubber Company (NYSE: CTB), which is currently trading 9.10% lower at $19.99, Apple Inc. (NASDAQ: AAPL), which is currently trading 0.45% higher at $701.84, Research In Motion Limited (NASDAQ: RIMM), which is currently trading 6.45% lower at $6.46, and Darden Restaurants Inc.(NYSE: DRI), which is currently trading 3.95% higher at $56.88.

 

 

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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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