Stocks rose on Wednesday, despite oil and gold hitting record highs, the dollar falling to a record low, and Ambac Financial's plunge. The Dow gained +41.19, the Nasdaq Composite +12.53, and the S&P 500 +6.95.
Here are 7 stocks to watch...
Ambac Financial ( ABK | Quote | Chart | News | PowerRating) lost nearly 20% after the company announced plans to raise $1.5 billion and stop insuring mortgage-backed securities.
Big Lots ( BIG | Quote | Chart | News | PowerRating) was the biggest gainer in the S&P500 after the company beat estimates and raised guidance.
Chico's FAS ( CHS | Quote | Chart | News | PowerRating) lost nearly 14% after revenues fell short.
BJ's Wholesale Club ( BJ | Quote | Chart | News | PowerRating) rose nearly 7% after the company beat estimates and reported an increase in same store sales.
After the close, PETsMART ( PETM | Quote | Chart | News | PowerRating) missed earnings estimates by $0.07.
Urban Outfitters ( URBN | Quote | Chart | News | PowerRating) is scheduled to report before the market open, with analysts expecting $0.29.
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