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Stocks Rally, Dow Gains Triple Digits

By Trading Markets research | TradingMarkets.com
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Stocks ended the week on a positive note, after comments by Federal Reserve Chairman Ben Bernanke's, that the Fed was ready and willing to use all available resources to keep the economy healthy. Investors were also encouraged by President Bush's plans to help borrowers avoid defaulting in the wake of the sub-prime crisis.

The U.S. markets will be closed on Monday in observance of Labor Day.

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Stocks in Motion

SkillSoft (SKIL | Quote | Chart | News | PowerRating) Q2 Profit Surges On Tax Benefit; Cuts FY08 View (read more).

Vivendi Q2 Profit Drops 38%; Affirms FY07 Adj. Earnings View (full story).

Lone Star Cuts Offer Price For Accredited Home Lenders (LEND | Quote | Chart | News | PowerRating) To $8.50/share (read more)

For more stories as they happen, go to our Breaking News section.


Market Snapshot

Dow

119.01 13357.74

NASDAQ

31.06 2596.36

S&P 500

16.35 1473.99

NYSE NASDAQ

Volume

1,393,401,590 1,552,402,839

Up Volume

1,263,849,830 1,299,676,241

Down Volume

120,551,120 227,607,964

Advances

2,861 2,105

Declines

466 862

New Highs

36 49

New Lows

12 36


Strongest/Weakest Industry Groups

Strongest Industries

Weakest Industries

Computer Based Systems Heavy Construction
Home Improvement Stores Medical Practitioners
Foreign Regional Banks Toy & Hobby Stores

 

Economic News

None today

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