Major markets close the day in the green; Bernanke's first speech and an increase in oil inventories lead to an overall positive feel in the markets.
Crude oil futures dropped today, closing down over 3% on news that inventories have risen.
BlackRock (BLK | Quote | Chart | News | PowerRating) Power Rating stock rose almost 9% after announcing a merger deal with Merrill; BLK closed up over 4%..
Hewlett-Packard (HPQ | Quote | Chart | News | PowerRating) Power Rating Might See Upside On Costs Control (full story).
Clear Channel Communications (CCU | Quote | Chart | News | PowerRating) Power Rating Hires Randall Mays As President (full story).
Merrill Lynch (MER | Quote | Chart | News | PowerRating) Power Rating To Merge Investment Management Unit With BlackRock (full story).
Progress Energy (PGN | Quote | Chart | News | PowerRating) Power Rating Q4 Net Income Down, But Ongoing EPS Are Up (full story).
Caremark Rx (CMX | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Rises As Mail Pharmacy Business Grow (full story).
EnCana (ECA | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Soars On 65% Revenue Growth (full story).
Higher Revenue And Gross Margin Push Up Jones Apparel (JNY | Quote | Chart | News | PowerRating) Power Rating Q4 Profit, EPS Tops Estimates (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
+30.50 |
11,058.89 |
|
Nasdaq |
+14.26 |
2,276.43 |
|
S&P 500 |
+4.46 |
1,279.99 |
|
NYSE |
NASDAQ | |
|
Volume |
2,284,945,000 |
1,780,147,000 |
|
Advances |
2016 |
1825 |
|
Declines |
1240 |
1202 |
|
Up Volume |
1201 |
1156 |
|
Down Volume |
815 |
485 |
|
New Hi's |
146 |
130 |
|
New Lo's |
17 |
26 |
|
Strongest Sectors |
Weakest Sectors |
| Morg Stanley Health Provider (RXH | Quote | Chart | News | PowerRating) | Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating) |
| Airline (XAL | Quote | Chart | News | PowerRating) | Gold and Silver (XAU | Quote | Chart | News | PowerRating) |
| Securities Broker Dealer (XBD | Quote | Chart | News | PowerRating) | Oil Service (OSX | Quote | Chart | News | PowerRating) |
Crude Oil Inventories Rise (full story).
Industrial Production Unexpectedly Falls In January (full story).
New York Manufacturing Conditions Continue To Improve (full story).
John Patrick Lee
johnl@tradingmarkets.com
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