Closing Bell: Mixed day despite broad market gains

Today's pending home sales showed a 6.3% gain from March to April, although much of the gains are being attributed to bargain hunters. One other help may have come from Treasury Secretary Hank Paulson, who said he would never rule out any tools such as intervention. Even OPEC noted that they wanted to have a meeting to discuss the inequality of current oil prices versus the current supply-demand models and this took off more than $4.00 per barrel of oil. Below are today's unofficial closing prices:

• DJIA 12,281.29 (+71.48)
  
• S&P500 1,361.98 (+1.30)
  
• NASDAQ 2,461.33 (-13.23)
  
• 10YR T-NOTE 3.992% (+0.054%)
  
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Krispy Kreme Doughnuts Inc. (NYSE: KKD) shares surged by 10.5% to $3.78 by the final minutes of trading after the company announced that it earned $0.06 EPS for the quarter.

Lehman Brothers Holdings Inc. (NYSE: LEH) was a huge mover today after the company raised some $6 Billion to bolster its books after reporting much wider than expected losses. Shares were down 11.5% at $28.55 in the final minutes today.

Pier 1 Imports Inc. (NYSE: PIR) saw a sharp drop of 22% to $5.19 by the final minutes today after making an offer to acquire a smaller rival, the parent of Cost Plus World Markets.