US equity indexes hit a 4 month intraday high today then pulled back to close mixed on the session, The DJIA closed up +41.36 to 13028.16, the S&P 500 closed up +1.28 to 1426.63 and the NASDAQ gave back -12.76 ending the day at 2516.09.
SanDisk (SNDK | Quote | Chart | News | PowerRating) collapsed 8.08% or $2.62/share to 29.89 after the CEO stated April sales were soft. The world's leading maker of flash memory cards led the NASDAQ lower on the news.
Cambell Soup Company (CPB | Quote | Chart | News | PowerRating) dropped 5.73% or $2.06/share to $33.88 announced its largest drop in 5 years on the heels of not meeting analysts expectations.
Amazon (AMZN | Quote | Chart | News | PowerRating) - Climbed 7.95% or $6.08/share to $82.55 making it the largest gainer in the S&P500 today after being added to Goldman's "conviction buy" list.
MasTech Inc (MTZ | Quote | Chart | News | PowerRating) - rocketed up 13.31% or $1.34/share on a CNBC mention. The installer of DirectTV networks gained the most since July 2004 after Jim Cramer talked about its wind service network.
Oil hit 127.33 and gold added $5.90 to 905.80.
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Leading Indicators (Apr): Actual 0.1%, Consensus 0.0%
Core PPI (Apr): Consensus 0.2%, Prior 0.2%
PPI (Apr): Consensus 0.4%, Prior 1.1%
Crude Inventories (Apr): Consensus NA, Prior 176K
Retail Sales ex-auto (Apr): Consensus 0.2%, Prior 0.1%
Initial Claims (05/17): Consensus 372K, Prior 371K
Existing Home Sales (Apr): Consensus 4.85M, Prior 4.93M
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