AOL Money & Finance

Closing Bell: The China trade war day that didn't come (SLXP, ETFC, UNG, DNDN, GE, MOS)

More

Today was one of those trading days where it felt as though a down-day was certain. A lack of earnings news after the fear of a trade-war with China loomed early on over a tire tariff being passed on. But the market steadied after a initial drop and slowly came back before turning positive in the afternoon session. This was one of those that felt as though the closing bell was again a coin toss right up to the close of the 4:00 bell. Here are today's unofficial closing bell levels:

Dow 9,624.61 +19.20 (0.20%)
S&P 500 1,049.06 +6.33 (0.61%)
Nasdaq 2,091.78 +10.88 (0.52%)

Top Trader Alerts
Top 10 Analyst Calls

Salix Pharmaceuticals Ltd. (NASDAQ: SLXP) was today's biggest biotech winner after positive irritable bowel syndrome study efficacy data was released. Shares were up huge at a multi-year high on the news. This one was up over 50% at $20.45 late in the trading day.

E*TRADE Financial Corporation (NASDAQ: ETFC) rose despite a hurdle. Citigroup raised its rating to a "buy" and this still prevailed over a $150 million at-the-money stock offering via Sandler O'Neill.

United States Natural Gas (NYSE: UNG) ETN has been trading more like a targeted closed-end fund rather than an ETF or ETN. But the group actually plans to issue more units soon. Despite natural gas being up 10% earlier, this one was up 3% at $10.94 late in the trading session.

Dendreon Corp.
(NASDAQ: DNDN) rose sharply on strong options trading as there were buyout rumors present. We have heard this one before to no avail. Shares were up over 13% at $27.08 on almost 12 million shares late in the trading day.

General Electric Company
(NYSE: GE) was the volume surge break-out DJIA component today that may have lifted the market. It made a small alternative energy acquisition and won a multi-billion power pact in the Middle East. GE shares were up almost 4% at $15.26 late in the day on on over 100 million shares of stock.

The Mosaic Company (NYSE: MOS) held up better than many would have guessed. Shares were only down 1% at $51.71 late in the trading session. Citigroup cut its rating on the potash and agriculture stock.

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Symbol Lookup
IndexesChangePrice
DJIA+17.3910,451.10
NASDAQ+6.682,175.86
S&P 500+3.351,109.00

Last updated: November 25, 2009: 02:12 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

WalletPop Headlines