Major indices finish the week in the green; investors pushing to make up losses from last Friday.
Strong earnings from Microsoft and Proctor&Gamble, combined with better-than-expected housing data, boosted investor confidence today.
Earnings seem to drive today's move, as investors ignored the disappointing GDP figures announced this morning.
Crude oil futures closed up over 2% after the US prepared to increase pressure on Iran's nuclear programs.
Pfizer's (PFE | Quote | Chart | News | PowerRating) insulin inhaler received US FDA approval on Friday. PFE's Power Rating.
ITT Industries (ITT | Quote | Chart | News | PowerRating) Power Rating Q4 Slumps To Loss On Impairment Charge; Top-line Up 6% (full story).
Black & Decker (BDK | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Excl. Items, Tops Estimates; Projects EPS Of $7.20-$7.40 For 2006 (full story).
Southern Union (SUG | Quote | Chart | News | PowerRating) Power Rating To Divest PG Energy To UGI For $580 Mln (full story).
Peoples Energy (PGL | Quote | Chart | News | PowerRating) Power Rating Q4 Slumps To Loss On Settlement Charge; Confirms FY06 EPS Guidance (full story).
Nucor (NUE | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Flat With Last Year; Provides Q1 Forecast (full story).
Gillette Sharpens Procter & Gamble's (PG | Quote | Chart | News | PowerRating) Power Rating Q2 (full story).
Chevron (CVX | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Surges 20.5% On Revenue Growth Of 26.35% Due To Higher Price Realization And Contributions From Unocal (full story).
Guidant (GDT | Quote | Chart | News | PowerRating) Power Rating Q4 Net Income, Sales Fall Primarily Due To Impact Of 2005 Product Recalls, Field Actions (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
+97.74 |
10907.21 |
|
NASDAQ |
+21.23 |
2304.23 |
|
S&P 500 |
+9.90 |
1283.73 |
|
NYSE |
NASDAQ | |
|
Volume |
2,583,740,000 |
2,321,178,000 |
|
Advances |
2112 |
1298 |
|
Declines |
1142 |
1284 |
|
Up Volume |
1567 |
1298 |
|
Down Volume |
754 |
820 |
|
New Hi's |
434 |
301 |
|
New Lo's |
35 |
24 |
|
Strongest Sectors |
Weakest Sectors |
| Semiconductor (SOX | Quote | Chart | News | PowerRating) | Disk Drive (DDX | Quote | Chart | News | PowerRating) |
| GSTI Multimedia Networking (GIP | Quote | Chart | News | PowerRating) | Airline (XAL | Quote | Chart | News | PowerRating) |
| Oil Index (OIX | Quote | Chart | News | PowerRating) | GSTI Internet (GIN | Quote | Chart | News | PowerRating) |
Q4 GDP Growth Comes In Well Below Expectations (full story).
New Home Sales Rise More Than Expected In December (full story).
John Patrick Lee
johnl@tradingmarkets.com