Stocks Sharply Higher in Mid-Day Trading

Stocks are sharply higher in mid-day trading, with all three major indexes near session highs. Stocks are rising on the back of some solid labor market data released earlier today.

At last check, the Dow Jones was trading 0.35% higher at 12,984.19, the S&P 500 was trading 0.35% higher at 1,362.45, and the Nasdaq was trading 0.74% higher at 2,954.95.

Services stocks are leading the gains in the S&P 500 in mid-day trading. At last check, Services stocks were trading 0.55% higher. Financials are also up sharply in mid-day trading. At last check, Financials were trading 0.49% higher.

Among the major gainers in the Financial sector in mid-day trading are Bank of America Corporation (NYSE: BAC), which is currently trading 1.07% higher at $8.03, JP Morgan Chase & Co. (NYSE: JPM), which is currently trading 0.71% higher at $38.34, and Citigroup Inc. (NYSE: C), which is currently trading 1.70% higher at $32.91.

Basic Materials stocks are currently trading 0.28% higher. Energy stocks are up 0.31% in mid-day trading. Among the major gainers in the Basic Materials and Energy sector in mid-day trading are Newmont Mining Corp. (NYSE: NEM), which is currently trading 2.50% higher at $64.35, CF Industries Holdings Inc. (NYSE: CF), which is currently trading 1.76% higher at $189.32, Transocean Ltd. (NYSE: RIG), which is currently trading 1.98% higher at $49.96, and Chevron Corporation (NYSE: CVX), which is currently trading 0.91% higher at $108.48.

Other major gainers in mid-day trading today are VIVUS Inc. (NASDAQ: VVUS), which is currently trading 86.64% higher at $19.69, Sears Holdings Corporation (NASDAQ: SHLD), which is currently trading 21.04% higher at $63.04, 3D Systems Corporation (NYSE: DDD), which is currently trading 16.53% higher at $24.39, and Dillard’s Inc. (NYSE: DDS), which is currently trading 10.52% higher at $57.69.

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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.