Stock Market Watch

Stocks End Flat as Investors Take a Breather after Thursday’s Rally

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Stocks ended flat in a quiet trading session today as investors remained cautious after Thursday’s huge rally. Stocks had risen sharply on Thursday after European leaders unveiled a comprehensive plan to contain the euro zone debt crisis. However, the initial euphoria over the plan was replaced by some cautiousness in trading today as investors assessed the details of the plan.

In a listless trading session, the Dow Jones ended the day 0.18% higher at 12,231.11, the S&P 500 ended the day 0.04% higher at 1,285.08, and the Nasdaq ended the day 0.05% lower at 2,737.15.


European markets also had a quiet trading session today as investors took a breather after Thursday’s rally. The FTSE 100 Index in London ended the day 0.20% lower at 5,702.24, and the CAC 40 Index in Paris ended the day 0.59% lower at 3,348.63.

Among the major gainers and losers in trading today were Whirlpool Corporation (NYSE: WHR), which ended the day 14.34% lower at $51.80, Cablevision Systems Corporation (NYSE: CVC), which ended the day 12.54% lower at $15.14, HMS Holdings Corp. (NASDAQ: HMSY), which ended the day 13.01% lower at $23.60, Aon Corporation (NYSE: AON), which ended the day 4.54% lower at $47.99, Interpublic Group of Companies Inc. (NYSE: IPG), which ended the day 11.21% higher at $9.92, Align Technology Inc. (NASDAQ: ALGN), which ended the day 32.79% higher at $23.65, and Advanced Micro Devices Inc. (NYSE: AMD), which ended the day 7.22% higher at $5.94.

In the commodities market, crude oil fell in trading today, paring the biggest weekly gain since February. Crude oil for delivery in December dropped $0.64 to settle at $93.32 a barrel on the New York Mercantile Exchange. In London, Brent crude for delivery in December fell $2.17 to settle at $109.91 a barrel on the ICE Futures Europe exchange.

 

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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