The 3 Majors Enjoyed Strong Gains Today, On Cheaper Crude and Interest Rate Hopes
The 3 major indices finished the day with strong gains, as investors got bullish on cheaper crude oil and second-quarter GDP numbers that may prompt the Fed to forgo another interest rate increase on August 8TH. 1,689,293,470 shares were traded @ The New York Stock Exchange®.
For the week, the Dow Jones Industrial Average (DJIA) gained 3.2%, the NASDAQ Composite Index gained by 3.7%, and the S&P 500 Index gained 3.1%.
Shares of DJIA component Citigroup (C) gained $1.02 (+2.16%) to close @ $48.33.
Shares of DJIA component Wal-Mart (WMT) gained $0.93 (+2.14%) to close @ $44.46 on news that the company will sell all of its stores in Germany to Metro AG. A couple of months ago, Wal-Mart let the world know that they are pulling out of South Korea.
Shares of NBTY Inc. (NTY) gained $4.32 (+17.36%) to close @ $29.20.
Shares of Deckers Outdoor Corporation (DECK) gained $6.17 (+16.61%) to close @ $43.31.
Shares of IDEXX Laboratories Inc. (IDXX) gained $11.71 (+15.59%) to close @ $86.81; the stock then gained an additional $0.16 in after-hours trading this evening.
Shares of FormFactor Inc. (FORM) gained $6.85 (+19.35%) to close @ $42.25; the stock then gained an additional $0.23 in after-hours trading this evening.
Shares of XM Satellite Radio Holdings Inc. (XMSR) gained $1.78 (+16.35%) to close @ $12.67; the stock then lost $0.12 in after-hours action this evening.
Shares of Nidec Corporation (NJ) gained $2.69 (+17.18%) to close @ $18.35.
Shares of Titanium Metals Corporation (TIE) gained $3.06 (+11.81%) to close @ $28.98.
Shares of Global Payments Inc. (GPN) gained $4.64 (+11.55%) to close @ $44.80.
Shares of Teleflex Inc. (TFX) gained $5.30 (+10.18%) to close @ $57.34.
Shares of Kaydon Corporation (KDN) gained $3.25 (+9.71%) to close @ $36.72.
Shares of Universal Health Services Inc. (UHS) gained $4.49 (+8.67%) to close @ $56.29.
Shares of Genitope Corporation (GTOP) fell by $2.71 (-48.57%) to close @ $2.87.
Shares of Rackable Systems Inc. (RACK) fell by $13.68 (-39.19%) to close @ $21.23.
Shares of Volcom Inc (VLCM) fell by $8.36 (-29.44%) to close @ $20.04; the stock then recovered $0.41 in after-hours action this evening.
Shares of Sierra Wireless Inc. (SWIR) fell by $3.55 (-21.85%) to close @ $12.70; the stock then lost an additional $0.15 in after-hours trading this evening.
Shares of United Surgical Partners International Inc. (USPI) fell by $5.05 (-17.18%) to close @ $24.34; the stock then recovered $0.24 in after-hours action this evening.
Shares of Massey Energy Co. (MEE) fell by $4.06 (-13.95%) to close @ $25.05.
Shares of Nelnet Inc. (NNI) fell by $5.16 (-13.91%) to close @ $31.93.
Shares of PerkinElmer Inc. (PKI) fell by $2.12 (-10.54%) to close @ $18.00.
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 11,219.70 (+119.27)
NASDAQ: Closed @ 2,094.14 (+39.67)
S&P 500: Closed @ 1,278.55 (+15.35)
----------------------------------------------------------
NYMEX Crude Oil Future closed @ $73.36/barrel
NY Spot Gold closed @ $635.30/ounce (+$1.90)
In New York, The U.S. Dollar buys 0.7837 Euros
In New York, The Euro buys 1.276 U.S. Dollars
The U.S. Prime Rate (Fed Prime Rate) is 8.25%
For the week, the Dow Jones Industrial Average (DJIA) gained 3.2%, the NASDAQ Composite Index gained by 3.7%, and the S&P 500 Index gained 3.1%.
Shares of DJIA component Citigroup (C) gained $1.02 (+2.16%) to close @ $48.33.
Shares of DJIA component Wal-Mart (WMT) gained $0.93 (+2.14%) to close @ $44.46 on news that the company will sell all of its stores in Germany to Metro AG. A couple of months ago, Wal-Mart let the world know that they are pulling out of South Korea.
Shares of NBTY Inc. (NTY) gained $4.32 (+17.36%) to close @ $29.20.
Shares of Deckers Outdoor Corporation (DECK) gained $6.17 (+16.61%) to close @ $43.31.
Shares of IDEXX Laboratories Inc. (IDXX) gained $11.71 (+15.59%) to close @ $86.81; the stock then gained an additional $0.16 in after-hours trading this evening.
Shares of FormFactor Inc. (FORM) gained $6.85 (+19.35%) to close @ $42.25; the stock then gained an additional $0.23 in after-hours trading this evening.
Shares of XM Satellite Radio Holdings Inc. (XMSR) gained $1.78 (+16.35%) to close @ $12.67; the stock then lost $0.12 in after-hours action this evening.
Shares of Nidec Corporation (NJ) gained $2.69 (+17.18%) to close @ $18.35.
Shares of Titanium Metals Corporation (TIE) gained $3.06 (+11.81%) to close @ $28.98.
Shares of Global Payments Inc. (GPN) gained $4.64 (+11.55%) to close @ $44.80.
Shares of Teleflex Inc. (TFX) gained $5.30 (+10.18%) to close @ $57.34.
Shares of Kaydon Corporation (KDN) gained $3.25 (+9.71%) to close @ $36.72.
Shares of Universal Health Services Inc. (UHS) gained $4.49 (+8.67%) to close @ $56.29.
Shares of Genitope Corporation (GTOP) fell by $2.71 (-48.57%) to close @ $2.87.
Shares of Rackable Systems Inc. (RACK) fell by $13.68 (-39.19%) to close @ $21.23.
Shares of Volcom Inc (VLCM) fell by $8.36 (-29.44%) to close @ $20.04; the stock then recovered $0.41 in after-hours action this evening.
Shares of Sierra Wireless Inc. (SWIR) fell by $3.55 (-21.85%) to close @ $12.70; the stock then lost an additional $0.15 in after-hours trading this evening.
Shares of United Surgical Partners International Inc. (USPI) fell by $5.05 (-17.18%) to close @ $24.34; the stock then recovered $0.24 in after-hours action this evening.
Shares of Massey Energy Co. (MEE) fell by $4.06 (-13.95%) to close @ $25.05.
Shares of Nelnet Inc. (NNI) fell by $5.16 (-13.91%) to close @ $31.93.
Shares of PerkinElmer Inc. (PKI) fell by $2.12 (-10.54%) to close @ $18.00.
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 11,219.70 (+119.27)
NASDAQ: Closed @ 2,094.14 (+39.67)
S&P 500: Closed @ 1,278.55 (+15.35)
----------------------------------------------------------
NYMEX Crude Oil Future closed @ $73.36/barrel
NY Spot Gold closed @ $635.30/ounce (+$1.90)
In New York, The U.S. Dollar buys 0.7837 Euros
In New York, The Euro buys 1.276 U.S. Dollars
The U.S. Prime Rate (Fed Prime Rate) is 8.25%
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posted by Steve Brown | 7/28/2006 10:17:00 PM
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