Stock Market Watch

Stocks Near Session Highs

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Stocks have extended their gains in mid-day trading, with all three major indexes currently near session highs. Stocks have been pushed higher by better than expected pending home sales data, which more than offset a weak report on the labor market front.

At last check, the Dow Jones was trading 0.72% higher at 13,184.91, the S&P 500 was trading 0.49% higher at 1,397.54, and the Nasdaq was trading 0.51% higher at 3,045.05.


Energy stocks are leading the gains in the S&P 500 in trading currently. At last check, Energy stocks were trading 1.16% higher. Services stocks have also risen sharply in trading today. At last check, the sector was trading 0.74% higher. Technology stocks are up sharply for a second straight day. At last check, Technology stocks were trading 0.56% higher. Transportation stocks have been the worst performers in the S&P 500 today, down 0.42% currently. Basic Materials stocks are currently trading 0.18% lower.

Among the major gainers and losers in mid-day trading are Logitech International SA (NASDAQ: LOGI), which is currently trading 23.88% higher at $9.65, MetroPCS Communications Inc. (NYSE: PCS), which is currently trading 9.26% lower at $7.20, Regeneron Pharmaceuticals Inc. (NASDAQ: REGN), which is currently trading 9.14% higher at $138.73, United Parcel Service Inc. (NYSE: UPS), which is currently trading 2.82% lower at $77.40, Nuance Communications Inc. (NASDAQ: NUAN), which is currently trading 8.60% higher at $24.76, Time Warner Cable Inc. (NYSE: TWC), which is currently trading 2.62% lower at $80, and Carter’s Inc. (NYSE: CRI), which is currently trading 6.05% higher at $55.94.

European markets ended on a mixed note in trading today, with the FTSE 100 Index in London closing 0.52% higher at 5,748.72, and the CAC 40 Index in Paris closing 0.13% lower at 3,229.32. Earlier, Asian markets also finished on a mixed note.

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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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