Stock Market Watch

Stocks End Higher

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Stocks ended higher in trading on Wednesday following the sell-off in the previous trading session. However, geopolitical worries kept the gains in check.

The Dow Jones ended the day 0.33% higher at 14,824.51, the S&P 500 ended the day 0.27% higher at 1,634.98, and the Nasdaq ended the day 0.41% higher at 3,593.35.

The gains in the S&P 500 were led by the Telecom sector, which ended the day 1.55% higher. Energy sector also rose sharply, ending the day 1.27% higher. Utilities also edged higher, ending the day 0.44% higher. Financials ended the day 0.10% higher. Consumer Non-Cyclical sector was the worst performer in the S&P 500, ending the day 0.58% lower.

Among the major movers on Wednesday included Zale Corporation (NYSE: ZLC), which ended the day 29.80% higher at $11.63, Express Inc. (NYSE: EXPR), which ended the day 6.57% higher at $21.10, The Procter & Gamble Company (NYSE: PG), which ended the day 1.44% lower at $76.85, Exxon Mobil Corporation (NYSE: XOM), which ended the day 2.33% higher at $88.84, and Chevron Corporation (NYSE: CVX), which ended the day 2.53% higher at $121.81.

On the economic front, a report released by the National Association of Realtors showed that pending home sales fell 1.3% in July.

European markets ended mostly lower on Wednesday, with the FTSE 100 Index in London closing 0.17% lower, and the CAC 40 Index in Paris closing 0.21% lower. Asian markets also ended mostly lower overnight, with the Nikkei 225 Index in Japan closing 1.51% lower, and the Hang Seng Index in Hong Kong closing 1.60% lower.








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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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