Stocks Extend Gains in Mid-Day Trading
Stocks have extended their gains in mid-day trading, with all three major indexes near session highs. Stocks are rising on optimism over Greek debt swap deal.
At last check, the Dow Jones was trading 0.53% higher at 12,905.37, the S&P 500 was trading 0.90% higher at 1,364.77, and the Nasdaq was trading 1.04% higher at 2,966.31.
All sectors in the S&P 500 are up sharply in mid-day trading. Industrials are leading the gains in the S&P 500 in trading currently. At last check, Industrials were trading 1.54% higher. Consumer Cyclical stocks are also up sharply in mid-day trading. At last check, Consumer Cyclical stocks were trading 1.50% higher. Conglomerates are currently trading 1.41% higher. Basic Materials stocks are up 1.26% in mid-day trading, while Energy stocks are up 0.91% in mid-day trading.
Among the major gainers in mid-day trading today are Mueller Water Products Inc. (NYSE: MWA), which is currently trading 20.35% higher at $3.43, Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS), which is currently trading 11.97% higher at $6.64, Stanley Furniture Co. (NASDAQ: STLY), which is currently trading 22.35% higher at $4.38, SMTC Corporation (NASDAQ: SMTX), which is currently trading 6.65% higher at $3.53, and AMAG Pharmaceuticals Inc. (NASDAQ: AMAG), which is currently trading 9.95% higher at $16.47.
Among the major losers in mid-day trading are Williams-Sonoma Inc. (NYSE: WSM), which is currently trading 4.89% lower at $35.99, and McDonald’s Corporation (NYSE: MCD), which is currently trading 3.12% lower at $97.05.
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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. |