TradingMarkets 7 Stocks You Need to Know for Monday

Stocks shook off early selling to finish higher on the final trading day of the week. Only the Nasdaq remained slightly in the red as of the close.

The Dow gained 32.73 on the day. The Nasdaq Composite was lower by 3.16. And the S&P 500 finished Friday ahead by 5.48

Here are 7 Stocks You Need to Know for Monday.

Up more than 5% on the day, American International Group (AIG | Quote | Chart | News | PowerRating) was the leading gainer in the Dow industrials.

Nokia (NOK | Quote | Chart | News | PowerRating) lost more than 7% on Friday, as the cellphone maker lowered its forecast for third quarter market share gains.

In a day of merger rumors, UST Inc. (UST | Quote | Chart | News | PowerRating) was higher by more than 25% intraday when Altria Group (MO | Quote | Chart | News | PowerRating) announced that it was in negotiations to buy the company for $10 billion.

Analyst downgrades from both Citigroup and Merrill Lynch sent shares of Abercrombie & Fitch (ANF | Quote | Chart | News | PowerRating) lower by more than 4%.

National Semiconductor (NSM | Quote | Chart | News | PowerRating) rallied from its intraday lows to close down approximately 1% after missing analyst earnings estimates by a penny on Friday.

Shares of SanDisk Corporation (SNDK | Quote | Chart | News | PowerRating) soared by more than 30% on Friday on news that Samsung Electronics was considering acquiring the company.

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