Stock Market Watch

Stocks Headed for a Strong Finish

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Stocks are headed for a strong finish in trading today, with all three major indexes near session highs in late trading. Stocks are rising on the back of strong retail sales data for the month of February.

Investors are now focusing on the outcome of the Federal Reserve’s monetary policy meeting. The Fed is widely expected to take no action, leaving interest rates at historically low levels.


At last check, the Dow Jones was trading 0.83% higher at 13,066.99, the S&P 500 was trading 0.88% higher at 1,383.17, and the Nasdaq was trading 1.07% higher at 3,015.54.

All sectors in the S&P 500 are in green in late trading. Industrials and Technology stocks are leading the gains in the S&P 500 in late trading. Both sectors are up 1.38% in late trading today. Basic Materials and Energy stocks have also risen sharply in trading today following the sharp decline on Monday. At last check, Basic Materials stocks were trading 1.20% higher, while Energy stocks were trading 0.91% higher. Financials are currently trading 1.35% higher.

Among the major gainers in late trading today are Great Wolf Resorts Inc. (NASDAQ: WOLF), which is currently trading 24.82% higher at $5.23, Midas Inc. (NYSE:MDS), which is currently trading 27.36% higher at $11.45, FactSet Research Systems Inc. (NYSE: FDS), which is currently trading 9.87% higher at $99.77, Omeros Corporation (NASDAQ: OMER), which is currently trading 21.73% higher at $9.30, and TCF Financial Corporation (NYSE: TCB), which is currently trading 3.51% higher at $11.21.

European markets ended mostly higher today as strong German investor sentiment data lifted all major indexes in the region. The FTSE 100 Index in London ended the day 1.07% higher at 5,955.91, and the CAC 40 Index in Paris ended the day 1.72% higher at 3,550.16.

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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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