Stocks End Higher Amid Hopes for Greece
Stocks ended higher in trading today. All three major indexes reversed earlier losses to finish the day in green amid hopes that Greece may be close to a rescue deal.
The Dow Jones ended the day 0.26% higher at 12,878.20, the S&P 500 ended the day 0.20% higher at 1,347.05, and the Nasdaq ended the day 0.07% higher at 2,904.08.
Utilities were the best performers in the S&P 500 in trading today, ending the day 0.66% higher. Consumer Non-Cyclical and Energy stocks also rose sharply in trading today. Both sectors ended the day 0.48% higher. Technology stocks ended the day 0.22% higher. Financials rose 0.10%. Basic Materials was the only sector in the S&P 500 to end the day in red. The sector ended 0.27% lower.
Among the major gainers in trading today were The Coca-Cola Company (NYSE: KO), which ended the day 0.76% higher at $68.55, OpenTable Inc. (NASDAQ: OPEN), which ended the day 2.61% higher at $51.45, Coinstar Inc. (NASDAQ: CSTR), which ended the day 13.79% higher at $57.53, and Harman International Industries Inc. (NYSE: HAR), which ended the day 3.86% higher at $46.23.
Among the major losers in trading today were Nevsun Resources (AMEX: NSU), which ended the day 30.60% lower at $4.40, Emerson Electric Co. (NYSE: EMR), which ended the day 2.72% lower at $51.92, and Becton, Dickinson and Co. (NYSE: BDX), which ended the day 3.75% lower at $77.51.
European markets ended on a mixed note earlier today. The FTSE 100 Index in London closed 0.03% lower at 5,890.26, while the CAC 40 Index in Paris closed 0.18% higher at 3,411.54. The EURO STOXX 50 Index ended 0.25% higher at 2,514.12. Asian markets had ended mostly lower overnight.
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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. |