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Closing Bell: The bull takes a tiny break (KO, FSLR, FDX, BHI, PCS)

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Another record deficit, a Geithner likely tax boost, and higher import prices failed to significantly spook the markets even after a five or day run-up. Based on the late day recovery, where this close was going to end up was an unknown until right at the closing bell. The day was a very light day for news, so here are the closing bell levels (unofficial close):

Dow 9,603.98 -23.50 (-0.24%)
S&P 500 1,042.73 -1.41 (-0.14%)
Nasdaq 2,080.90 -3.12 (-0.15%)

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The Coca-Cola Cola Company (NYSE: KO) had not run with the rally so much, but today saw unusual options volume. Shares were up 3% at $51.67 right before the closing bell.

First Solar, Inc. (NASDAQ: FSLR) sold off with oil today, but the CEO pay package looks like something that even many on Wall Street would get criticized over. Shares were down over 2% at $136.95 right before the close, but this morning shares were up around $143.00.

FedEx Corporation (NYSE: FDX) rose well throughout the day on its announcement that it raised guidance. Shares were up 6% at $77.14 late in the trading day.

Baker Hughes, Inc. (NYSE: BHI) did not get the memo about lower oil prices today, nor did it fall after announcing that the weekly rig counts had not kept growing with higher prices. Shares were up over 3% at $37.55 ahead of the close.

MetroPCS Communications Inc. (NYSE: PCS) shares were up again on reports that it was in talks with investment bankers and companies over a possible deal. Shares were up over 8% at $9.60 right before the closing bell.

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DJIA+23.1310,456.84
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Last updated: November 25, 2009: 01:42 PM

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