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Closing Bell: Dow pops up, and the bulls are eating bear meat this weekend

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Boy, two 300-point rallies in one week. Oil's tank and some rectification in the financials in ARS issues were the breeding ground for a huge market day. Even a Russian military action in Georgia failed to kill the bulls.

Here are the unofficial closing bell levels:

DJIA 11,734.32 (+302.89; 2.65%)
S&P 500 1,296.31 (+30.25; 2.39%)
Nasdaq 2,414.10 (+58.37; 2.48%)
10-Yr Bond 3.95% (+0.015%)
52-Week lows
Analyst downgrades
Analyst upgrades

Apple Inc. (NASDAQ: AAPL) rose after Credit Suisse started it with an Outperform rating in new coverage in the sector as the firm believes the industry will continue to head its way thanks to its computers and iPhones. Shares closed up 3.6% at $169.55.


Hansen Natural Corporation (NASDAQ: HANS) posted lower earnings as margins were pressured on costs and sales were 10% under plan as well. Traders decided on a strong day to look for some value here and shares closed up more than 7% at $23.23 today.

Sprint Nextel Corporation (NYSE: S) rose a second day after canceling a preferred stock sale, which has some thinking that the potential buyout from SKTelecom or another could be back in the works. Shares rose 11.9% to $8.72 on this and a strong market.

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Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-19.141,091.49

Last updated: November 28, 2009: 12:39 AM

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