Stocks ended moderately higher, gaining momentum over the final
hour of the session and led by strong gains for shares of energy
companies. All 10 sectors in the S&P ended in positive
territory, aided by new data on manufacturing activity that is
unlikely to move the Federal Reserve from its current program of
quantitative to stimulate the U.S. economy.
September factory orders rose 1.7% in September following a 0.1%
decline in August, largely due to a 57.7% surge in aircraft orders,
the Commerce department reported. The headline number matched the
market consensus, although excluding transportation, factory orders
actually fell 0.2% last month.
Crude oil for December delivery settled 1 cent higher at $94.62
per barrel while December natural gas was down 7 cents to $3.44 per
1 million BTU. December gold climbed gold $1.60 to $1,314.70 per
ounce while December silver fell 15 cents to $21.70 per ounce.
December copper dropped 5 cents to $3.25 per pound..
Here's where the markets stood at end-of-day:
Dow Jones Industrial Average up 23.57 (+0.15%) to 15,639.12
S&P 500 up 6.29 (+0.36%) to 1,767.93
Nasdaq Composite Index up 14.55 (0.37%) to 3,936.59
Hang Seng Index down 0.26%
Shanghai China Composite Index unchanged
FTSE 100 Index up 0.43%
(+) EXTR, Reports Q1 non-GAAP earnings of $0.06 per share on
revenue of $75.9 million for Q1. Analysts, on average, were
expecting a $0.04 per share profit on $74.7 million in revenue.
(+) CSIQ, Forecasts Q4 in a range of $470 million to $495
million, now matching the Capital IQ consensus of $495 million.
(+) ANEN, Agrees to be acquired by Veritas Capital for $0.28 Per
(-) BBRY, Abandons its sale process, instead accepting a
$1-billion investment; CEO steps-down
(-) VELT, Blackstone Group (
) affiliate agrees to acquire the company's U.S.-based advertising
(-) PENN, Completed a tax-free spinoff of its gaming and leisure
properties into a new master limited partnership, Gaming and
Leisure Properties Inc. (
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