The stock market closed higher for a second straight session.
Stocks ended barely on the plus side as today's Veterans Day
holiday limited data and shuttered bond trading, which combined
with last week's rally, fostered a lethargic and range-bound
session. The Dow Industrials hugged a razor-thin 54 point range,
stalling just 6 points below the record high. The Nasdaq shrugged
off pressure from momentum and social-media stocks; it closed with
very slim gains thanks to gains in Hewlett-Packard (
) and a rebound in Twitter (
) from early profit-taking pressure.
Global equities were also slightly higher on bullish Chinese
economic data, an upgrade in Portugal's government bond rating and
better than expected Italian manufacturing data. But like the U.S.,
trading was stifled by Armistice Day in France and lack of
direction from the U.S.
Dow Jones Industrial Index was up 21 points, +0.1%, at
S&P 500 was up 1 point, 0.1%, at 1,771
Nasdaq Composite Index was up 0.5 point, or 0.01%, at 3,919
FTSE 100 was up 0.30%
Nikkei 225 was up 1.30%
Hang Seng Index was up 1.43%
Shanghai China Composite Index was up 0.16%
FUEL, Upgraded by BMO Capital to Outperform from Market Perform
with its price target raised 30% to $65 a share.
GOGO, Reported that Q3 revenue jumped 48% and the company raised
the top end of its full-year guidance.
VPHM, Announced a deal to be acquired by Shire for $50 Per
NWGO, The company's non-toxic DCVax personalized immune
therapies for solid cancer tumors was featured on Fox News and Fox
ADXS Announced on Friday the results from its ADXS-HPV treatment
for cervical cancer which showed an improvement in the 18-month
survival data from 22% to 28%.
CRUS, Barclay's report saying Cirrus Logic is no longer
providing certain parts for Apple's (
) iPad Air.
ZLCS, Phase 2 clinical studies of Z160 in chronic pain
indications did not meet the primary endpoint in patients with
lumbosacral radiculopathy (LSR) and post-herpetic neuralgia
Copyright (C) 2013 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.