Midway through trading Friday, the Dow traded up 0.37 percent
to 16,156.70 while the NASDAQ surged 0.52 percent to 4,065.70.
The S&P also rose, gaining 0.31 percent to 1,812.82.
Top Headline Wal-Mart Stores (NYSE:
) reported record-breaking Thanksgiving Day results. The company
processed more than 10 million register transactions in its
stores between 6 p.m. and 10 p.m. on Thanksgiving Day. Walmart
also recorded nearly 400 million page views on its website.
Wal-Mart sold 2.8 million towels, 1.9 million dolls, 1.4 million
tablets, 2 million televisions and 300,000 bicycles that day.
Equities Trading UP Rio Tinto plc (NYSE:
) shot up 4.95 percent to $53.46 after the company announced its
plans to suspend alumina production at Gove alumina refinery.
Shares of Telecom Italia SpA (NYSE:
) got a boost, shooting up 5.68 percent to $9.68 after HSBC
upgraded the stock from Neutral to Overweight.
) was also up, gaining 2.60 percent to $50.58 ahead of Cyber
Equities Trading DOWN Shares of Fortinet (NASDAQ:
) were down 12.88 percent to $17.11 after the company appointed
Nancy Bush as interim CFO.
) shares tumbled 11.19 percent to $2.98 after the company
reported downbeat Q3 revenue and issued a weak Q4 revenue
forecast. Jefferies downgraded the stock from Hold to
Underperform. Organovo Holdings (NYSE:
) was down, falling 5.51 percent to $8.67 after announcing it may
sell up to 4 million shares through an equity distribution
agreement via JMP Securities.
Commodities In commodity news,
oil traded up 1.53 percent
to $93.71, while gold traded up 1.30 percent to $1,254.00. Silver
traded up 2.10 percent Friday to $20.10, while copper rose 1.02
percent to $3.22.
Eurozone European shares
were mostly higher
today. The Spanish Ibex Index rose 0.04 percent, while Italy's
FTSE MIB Index declined 0.08 percent. Meanwhile, the German DAX
surged 0.29 percent and the French CAC 40 fell 0.05 percent while
U.K. shares rose 0.14 percent.
(c) 2013 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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