Toward the end of trading Tuesday, the Dow traded up 0.80
percent to 15,184.85 while the NASDAQ surged 0.54 percent to
3,726.68. The S&P also rose, gaining 0.69 percent to
Top Headline Apple (NASDAQ:
) finally broke the silence and released a series of much awaited
products this afternoon.
Among them was a lower priced plastic iPhone 5c, and a more
advanced and feature rich iPhone 5s. The 5s included the expected
feature of fingerprint identification, while sporting a blazingly
fast 64 bit processor.
Following the release, shares traded in a choppy range until
falling below the $500 dollar level, currently resting at
$495.99, down 2.02 percent. Equities Trading UP Five Below
) shot up 17.36 percent to $48.16 after the company reported
upbeat fiscal second-quarter
results. Shares of Tuesday Morning (NASDAQ:
) got a boost, shooting up 9.76 percent to $13.95 after the
appointed Jeffrey Boyer
as chief administrative officer and chief financial officer.
) was up as well, gaining 19.74 percent to $35.76 after the
company announced a deal with direct energy this morning.
Equities Trading DOWN Shares of Neurocrine Biosciences (NASDAQ:
) were down 29.22 percent to $11.82 after the company reported
Phase IIb results
Of VMAT2 Inhibitor NBI-98854 for treatment of tardive dyskinesia.
Alon USA Energy (NYSE:
) was up as well, gaining 6.67 percent to $11.26 after the
company announced an offering of $130 million in senior notes
this morning. Urban Outfitters (NASDAQ:
) was down, falling 9.15 percent to $38.78. William Blair cut its
Q3 earnings view for Urban Outfitters to 45c. Commodities In
oil traded down 1.95 percent
to $107.38, while gold traded down 1.54 percent to $1,365.80.
Silver traded down 2.91 percent Tuesday to $23.02, while copper
fell 0.35 percent to $3.26.
Eurozone European shares
today. The Spanish Ibex Index surged 1.96 percent, while Italy's
FTSE MIB Index rose 0.51 percent. Meanwhile, the German DAX
gained 2.06 percent and the French CAC 40 climbed 1.89 percent
while U.K. shares rose 0.82 percent.
Economics The Johnson Redbook Retail Sales Index rose 0.3% for
the first week of September versus August. The NFIB Small
Business Optimism Index fell to 94.00 in August, from a prior
reading of 94.10. However, economists were expecting a reading of
95.00. The ICSC/Goldman Sachs Chain Stores Sales gained 1.5% in
the week ended Saturday versus the previous week.
The Treasury is set to auction 3-year notes.
(c) 2013 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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