Stock Market Watch

Stocks Extend Gains in Mid-Day Trading

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Stocks have extended their gains in mid-day trading, with all three major indexes near session highs. Stocks have been pushed higher by some strong corporate earnings reports, which have offset weak first-quarter U.S. GDP data.

At last check, the Dow Jones was trading 0.40% higher at 13,257.52, the S&P 500 was trading 0.39% higher at 1,405.50, and the Nasdaq was trading 0.73% higher at 3,072.17.


Industrials are leading the gains in the S&P 500 in mid-day trading. At last check, the sector was trading 1.15% higher. Services stocks are also up sharply in mid-day trading. At last check, the sector was trading 1.05% higher. Conglomerates are currently trading 0.72% higher. Transportation stocks have rebounded after falling sharply on Thursday. At last check, the sector was trading 0.69% higher. Consumer Non-Cyclical stocks have been the worst performers in the S&P 500 in mid-day trading. At last check, the sector was down 0.21%.

Among the major gainers and losers in mid-day trading today are Aware Inc. (NASDAQ: AWRE), which is currently trading 61.76% higher at $6.05, Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX), which is currently trading 35.96% lower at $10.26, Warner Chilcott Plc (NASDAQ: WCRX), which is currently trading 11.78% higher at $19.45, Procter & Gamble Company (NYSE: PG), which is currently trading 3.93% lower at $64.24, Expedia Inc. (NASDAQ: EXPE), which is currently trading 26.82% higher at $41.32, Amazon.com Inc. (NASDAQ: AMZN), which is currently trading 15.56% higher at $226.48, and Deckers Outdoor Corp. (NASDAQ: DECK), which is currently trading 25.44% lower at $51.79.

European markets ended mostly higher in trading today, with the FTSE 100 Index in London closing 0.49% higher, and the CAC 40 Index in Paris closing 1.14% higher. Earlier, Asian markets ended mostly lower in trading overnight, with the Nikkei 225 Index closing 0.43% lower, and the Hang Seng Index closing 0.33% 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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