(^IXIC) will never again party like it's 1999, that remarkable year
when the index advanced an other-worldly 86%, so long as it remains
utterly at the mercy of the
horror-inducing HAL computers of
. (Just in case his electronic heirs are now about to come after
me, let it be said that I have nothing against
), which surged an impressive 4.01% even as the market is calls
home was in meltdown mode.) "Technical difficulties," that old
standby that hides a multitude of sins, was blamed as $5.7 trillion
in equities was frozen for three hours and 11 minutes.
no end of Greifeld for Bob
, then, but his bourse's key component
) jumped 3.10% to again send Marissa Mayer laughing all the way to
the bank. (
Hear her geeky guffaws
, if you must.) While Nasdaq's clock was stuck at 12:14:03 for what
seemed like an eternity, over on the NYSE,
) moved up 5.82% to hit the highest level in its history. If their
Museum watches aren't accurate enough for you, the future is
already here and
its ticks are apparently accurate to under two
parts per quintillion
. For better and worse, there is no stopping technology's march.
This morning in economics, analysts expect to see a slight slippage
in July new home sales at 10:00 a.m. Eastern. On the earnings
Destination XL Group
(HIBB) are the pick of a quiet Friday for quarterly results.
(APRI): Cantor Fitzgerald covers the drug stock with a Hold.
(BXS): The regional financial firm is a fresh Outperform at RBC
Dunkin Brands Group Inc
(DNKN): America "runs on Dunkin'" but after a 50.57% increase in
the past year, bulls are taking a breather on its stock. The donuts
and coffee king is only rated a Neutral at Northcoast.
(FBP): Shares are assigned an Outperform at Credit Suisse.
(HBHC): RBC Capital starts Sector Perform-rated research on HBHC.
(NYLD): The electric utility name is a new Hold at KeyBanc Capital
(RMGN): Roth Capital resumes the business services stock with a Buy
recommendation and $14 price objective.
Stock Upgrades: Autodesk, Inc. Is Sitting Pretty
Stock Downgrades: Guess?, Inc. Not Dressing Enough
Families in Corduroy and Denim