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%)
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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.











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