Midway through trading Thursday, the Dow traded up 0.21
percent to 15,305.89 while the NASDAQ surged 0.51 percent to
3,780.29. The S&P also rose, gaining 0.16 percent to
Top Headline Hertz Global Holdings (NYSE:
) lowered its full-year earnings forecast.
Hertz now expects adjusted earnings of $1.68 to $1.78 per
share, versus its earlier forecast of $1.78 to $1.88 per
Equities Trading UP HB Fuller Co (NYSE:
) shot up 7.15 percent to $43.31 after the company reported Q3
Shares of Bed Bath & Beyond (NASDAQ:
) got a boost, shooting up 4.34 percent to $77.44 after the
company reported upbeat fiscal second-quarter earnings.
Progress Software (NASDAQ:
) was also up, gaining 4.61 percent to $26.57 on Q3 results.
Equities Trading DOWN Shares of Hertz Global Holdings (NYSE:
) were down 13.58 percent to $22.28 after the company lowered its
Westport Innovations (NASDAQ:
) shares tumbled 8.25 percent to $25.05 after the company
announced a 6 million common stock offering.
Jabil Circuit (NYSE:
) was down, falling 7.67 percent to $22.16 after the company
for the current quarter.
Commodities In commodity news,
oil traded up 0.25 percent
to $102.92, while gold traded down 1.17 percent to $1,320.50.
Silver traded down 0.92 percent Thursday to $21.69, while
copper rose 0.95 percent to $3.30.
Eurozone European shares
today. The Spanish Ibex Index surged 0.32 percent, while Italy's
FTSE MIB Index fell 1.20 percent. Meanwhile, the German DAX
dropped 0.02 percent and the French CAC 40 fell 0.21 percent
while U.K. shares climbed 0.21 percent.
Economics US jobless claims declined 5,000 to 305,000 in the
week ended September 21. However, economists were estimating
claims to rise to 327,000.
The US economy expanded at an annualized rate of 2.5% in the
The Bloomberg Consumer Confidence Index rose to -28.10 for the
week ended September 22, versus a prior reading of -29.40.
The pending home sales index declined 1.6% in August from
July, versus economists' expectations for a 1% fall.
Natural gas supplies surged 87 billion cubic feet for the week
ended September 20, the US Energy Information Administration
reported. However, analysts were expecting a rise of 74 billion
cubic feet to 78 billion cubic feet.
The Kansas City Fed manufacturing index declined to 2.00 in
September, versus a prior reading of 8.00. However, economists
were expecting a reading of 8.00.
The Treasury is set to auction 7-year notes.
Data on money supply will be released at 4:30 p.m. ET.
(c) 2013 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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