Market Wrap-Up for June 25 (ACN, ORCL, KBH, NEM, ABX, MON, SCHN, more)

By Staff,

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We are entering the period at the end of the quarter where fund managers like to prop up their portfolios with stocks that have been acting well throughout the quarter.

The term is called "window dressing". We have not seen much of this phenomenen occur yet, but it could still happen, with 4 trading days left in the month. Investors may get an opportunity to make some adjustments as well if certain stock holdings warrant a move.

Looking at today's session, there were a couple of earnings highlights from last night that are powering the gainers list. Oracle ( ORCL ) and Accenture ( ACN ) saw its results cheered by Wall Street. KB Home ( KBH ) had a bit of the opposite happening following its results, with selling pushing the stock to new 52-week lows. Gold-related shares have been big winners this quarter and are once again moving up today. Barrick Gold ( ABX ) and Newmont Mining ( NEM ) are pacing the gains. Volume spiked toward the close as some of the indices rebalanced as they do usually do in the last week of June.

Looking ahead to next week, we will be getting results from companies such as Barnes & Noble ( BKS ) , Monsanto ( MON ) , and Schnitzer Steel ( SCHN ) . Be sure to catch up with the latest watchlists this weekend in Premium.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing Stocks

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