After the biggest two-day rally in more than five years, stocks closed fractionally higher on Thursday.
In economic news, U.S. home prices fell for the first time in 13-years during the third quarter (full story).
E*Trade Financial (ETCF | Quote | Chart | News | PowerRating) received a $2.55 billion cash injection from Citadel Investment Group.
Q2 net income rose 19% at H.J. Heinz (HNZ | Quote | Chart | News | PowerRating).
Sears Holdings (SHLD | Quote | Chart | News | PowerRating) is down sharply after missing earnings estimates.
VimpelCom (VIP | Quote | Chart | News | PowerRating) reported profit rose 71%, on revenue up 44% (read more).
Canada's Toronto-Dominion Bank reported a 43% rise in Q4 profit (read more).
Staying in Canada, the Montreal Exchange is in negotiations with the TSX Group, operator of the Toronto Stock Exchange, about a possible merger (full story).
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Market Snapshot |
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Volume |
1,333,502,070 |
2,138,168,833 |
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Up Volume |
603,859,360 |
1,026,780,597 |
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Down Volume |
691,589,010 |
1,057,480,410 |
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Strongest/Weakest Industry Groups |
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Economic
News |
Initial Claims (11/24): Actual 352K, Consensus 330K
New Home Sales (Oct): Actual 728K, Consensus 750K |
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