Stock Market Watch

Stocks Headed for a Strong Finish

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Stocks are headed for a strong finish today, with all three major indexes near session highs in mid-day trading. Stocks have been pushed higher by some solid corporate earnings reports and an unexpected positive reading on German business sentiment.

At last check, the Dow Jones was trading 0.88% higher at 13,078.19, the S&P 500 was trading 0.69% higher at 1,386.41, and the Nasdaq was trading 0.67% higher at 3,027.74.


All sectors in the S&P 500 are currently near session highs. The gains in the S&P 500 are being led by Conglomerates, which are currently trading 1.65% higher. Industrials have also risen sharply in trading today. At last check, the sector was trading 1.53% higher. Basic Materials stocks are currently trading 0.81% higher, while Energy stocks are currently trading 0.52% higher. Utilities are up 1.03% in mid-day trading. Financials are currently trading 0.46% higher. Technology stocks are up 0.44% currently.

Among the major gainers in mid-day trading today are Microsoft Corporation (NASDAQ: MSFT), which is currently trading 5.70% higher at $32.78, SkyPeople Fruit Juice Inc. (NASDAQ: SPU), which is currently trading 18.71% higher at $1.84, Kimberley Clark Corporation (NYSE: KMB), which is currently trading 1.99% higher at $76.76, General Electric Company (NYSE: GE), which is currently trading 1.93% higher at $19.51, and McDonald’s Corporation (NYSE: MCD), which is currently trading 2.04% higher at $97.22.

Among the major losers in trading currently are Riverbed Technology Inc. (NASDAQ: RVBD), which is currently trading 26.17% lower at $20.57, and Tempur-Pedic International Inc. (NYSE: TPX), which is currently trading 20.57% lower at $66.52.

European markets ended mostly higher in trading today, with all major indexes in the region finishing in green. The FTSE 100 Index in London ended the day 0.48% higher, and the CAC 40 Index in Paris ended the day 0.46% higher.

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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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