Stocks Headed for a Second Straight Higher Finish
Stocks are headed for a second straight higher finish today, with all three major indexes holding on to their gains in late trading. Stocks are gaining amid confidence that Greece would complete a debt swap deal with its private creditors.
At last check, the Dow Jones was trading 0.44% higher at 12,893.79, the S&P 500 was trading 0.83% higher, and the Nasdaq was trading 1.01% higher at 2,965.29.
All sectors in the S&P 500 are currently in green. The gains in the S&P 500 are being led by Industrials. At last check, Industrials were trading 1.63% higher. Conglomerates are also up sharply in late trading. At last check, Conglomerates were trading 1.40% higher. Basic Materials stocks are currently trading 1.25% higher, while Energy stocks are currently trading 0.98% higher. Consumer Cyclical stocks are up 1.34% in trading currently.
Among the major gainers in late trading today are Howard Hughes Corp. (NYSE: HHC), which is currently trading 3.20% higher at $60.65, Mueller Water Products Inc. (NYSE: MWA), which is currently trading 21.40% higher at $3.46, Stanley Furniture Co. (NASDAQ: STLY), which is currently trading 20.80% higher at $4.32, Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS), which is currently trading 10.96% higher at $6.58, and Apple Inc. (NASDAQ: AAPL), which is currently trading 2.02% higher at $541.39.
Among the major losers in late trading today are Williams-Sonoma Inc. (NYSE: WSM), which is currently trading 5.76% lower at $35.66, and McDonald’s Corporation (NYSE: MCD), which is currently trading 3.35% lower at $96.82.
More Posts by this author
Gold and Silver Prices Rebound
Stocks Headed for a Third Straight Higher Finish
Novavax – Past year has been transformational for the company – NVAX
Osiris Therapeutics – Pleased with the commercial performance of Grafix and Ovation – OSIR
Freddie Mac – Q4 And FY11 Financial Results – FMCC
Coffee Holding – Reports a strong quarter in both revenues and earnings – JVA
Hertz Global Holdings – Acquired Arpielle Equipment Co. – HTZ
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. |