Pending Home Sales hit a 7.5 year high, climbing 6.7% in April, and added to the positive vibe in the U.S. Economy. However, the U.S. Dollar appears to be in trouble as it continues its fall against the Euro. Talk of a new international currency from Russian President Medvedev to replace the USD further depressed the greenback. Stocks closed the session slightly higher in quiet trading with the DJIA ahead by +19.43 to 8740.87, the Nasdaq eased higher +8.12 to 1836.80 and the S&P 500 stretched higher by +1.87 to 944.74.
American Express ( AXP | Quote | Chart | News | PowerRating) - Experienced the largest loss in the DJIA today by falling 4.92% or $1.28 to $24.71/share after pricing a public offering to raise capital.
Continental Airlines ( CAL | Quote | Chart | News | PowerRating) - Soared 10.95% or $1.10 to $11.15/share after being upgraded by JP Morgan.
Intuitive Surgical ( ISRG | Quote | Chart | News | PowerRating) - The robot surgery system maker was upgraded by Needham & Co sending shares higher by 6.54% or $9.77 to $159.05/share.
United National Foods ( UNFI | Quote | Chart | News | PowerRating) - Climbed 11.80% or $2.75 to $26.05/share upon raising its 2009 EPS forecast.
Oil advanced 0.03 cents to $68.67, Gold added $4.40 to $984.40 and the VIX index fell 1.37% to 29.63.
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