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Closing Bell: Dow up a whopping 331; ADM falls, Lehman rises

Today's markets started out strong and got stronger.

If you were a conspiracy theorist you might even make a crack noting that Wall Street had already seen the dovish FOMC comments which signaled that rate hikes are not a certainty until after the election. Throw in a substantial drop in oil to new recent lows of under $119.00 per barrel, and the rest is all gravy.

Here are today's unofficial closing bell levels:
D.J.I.A. 11,615 (+331)
S&P500 1,283.28 (+34)
NASDAQ 2,347.36 (+62)
10YR T-NOTE 4.007% (+0.035%)
52-Week Lows
Top Analyst Downgrades
Top Analyst Upgrades

Archer-Daniels Midland Company (NYSE: ADM) saw shares down over 5% in today's final minutes. Despite the stock being close to new fresh lows, traders were very unenthusiastic after the company missed earnings expectations.
Lehman Brothers Holdings, Inc. (NYSE: LEH) was up over 13% at $20.30 in today's final minutes as talks continue circling that the company will raise more cash via unit sales.

The Procter & Gamble Company (NYSE: PG) saw shares up over 3% in today's final minutes after the company beat earnings and gave in-line guidance ahead.

Sirius Satellite Radio (NASDAQ: SIRI) was only up about 3% to $1.42 in today's final minutes, but shares had been up over 7% after Mel Karmazin had purchased 2 million shares yesterday.

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Last updated: October 11, 2008: 07:12 PM

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