- DJIA 12,642.47 (+48.20)
- S&P500 1,398.03 (+7.19)
- NASDAQ 2,508.32 (+21.62)
- 52-WEEK LOWS
- Top 10 Analyst Calls (ALU, CHS, LONG, IFX, JNPR, MAR, MFA, NSC, SNDA, VVUS)
Exxon Mobil Corp. (NYSE: XOM) shares were down 1% to $89.51 in the final minutes today as oil prices fell so much today.
Mastercard Incorporated (NYSE: MA) saw an 8% rise by the late-day move to $310.15, an all-time high, after the company told shareholders that it expects to grow faster even as the economy slows.
Sears Holdings Inc. (NASDAQ: SHLD) posted a wide loss rather than its expected gains. The only reason this wasn't a worse reaction is because shareholders had already been given a loose warning to expect dismal results; and Eddie Lampert is likely to see pressure to improve very soon. Shares were down almost 3% at $86.75 in very late-day trading.
Trump Entertainment Resorts Inc. (NASDAQ: TRMP) rose a sharp 23% to $3.57 by the final minutes today after the company announced it was selling the trump Marina property for $316 million to become part of a Jimmy Buffett themed resort owned by Coastal Marina, LLC.
Before the bell: Stocks ready to climb on hopes of continued low rates
Why do we have a weak dollar?
Holiday hiring slow for retailers
Reader Comments (Page 1 of 1)
5-29-2008 @ 6:58PM
william lindblad said...
The big IF here is will oil continue to fall?
I don't see where there is too much to read into a GDP report that says spending is "elsewhere". Exports do little for the domestic front. There is one real good sign that remains - optimism on the financial front.