Stocks closed mixed across the board today in lackluster trading on the heals of Bernake's cautious posture. The DJIA closed down -44.13 to 12,832.18, the SP 500 lost -0.54 ending at 1,403.04, and the NASDAQ gained +6.64 to close at 2,495.12.
Countrywide Financial (CFC | Quote | Chart | News | PowerRating) - Rose 4.2% to $4.99/share after Bank of America's reports that the purchase is going forward. Bank of America (BAC | Quote | Chart | News | PowerRating) is slightly down on the announcement.
Fluor Corporation (FLU | Quote | Chart | News | PowerRating) - The largest public engineering firm in the US surged over 16% to 192.53 upon beating analysts profit estimates for the first quarter. This is Fluor's biggest advance since reorganizing in 2000.
Bally Technologies (BYI | Quote | Chart | News | PowerRating) - climbed 12% to 41.32 after the second largest manufacturer of slot machines announced projected 2009 profits may exceed analysts estimates.
Yahoo (YHOO | Quote | Chart | News | PowerRating) - added 4.7% to 26.45 on word that billionaire investor Carl Ichan may start a fight to control the board.
Gold gave up -15.30 falling to 869.60 and Oil added another 1.63 to 125.86.
| Economic
News |
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Treasury Budget (Apr): Actual $159.3B, Consensus $160.0B
Export Prices ex-ag. (Apr): Consensus NA, Prior 1.2%
Import Prices ex-oil (Apr): Consensus NA, Prior 1.1%
Retail Sales (Apr): Consensus -0.2%, Prior 0.2%
Retail Sales ex-auto (Apr): Consensus 0.2%, Prior 0.1%
Business Inventories (Mar): Consensus 0.4%, Prior 0.6%
Core CPI (Apr): Consensus 0.2%, Prior 0.2%
CPI (Apr): Consensus -$0.3%, Prior 0.3% |
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