The markets just wanted to close higher today. A slight gain in the weekly jobless claims had no real impact and a really poor 30-Year Treasury auction that just hints at the demand for rates to rise had only a temporary effect against the stock market. Here were today's unofficial closing bell levels:
Dow 10,406.66 +69.61 (0.67%)
S&P 500 1,102.35 +6.40 (0.58%)
Nasdaq 2,190.86 +7.13 (0.33%)
Top 10 Analyst Calls
Key Short Interest Changes
AOL (AOL) had a rough first day as an official stock outside of its when-issued status that it has seen for the last two weeks. Analysts were cautious in fresh calls. Shares were down 1.8% at $23.24 late in the trading day before the close.
Sunesis Pharmaceuticals (SNSS) went ballistic again today, despite the surge being on two day old news of a positive leukemia treatment. This was compared to other exponential movers to see if it has the same criteria for the next tenfold biotech gainer. Shares were up 124% at $1.35 late in the trading day.
Energy Conversion Devices (ENER) was running simply on buyout rumors. This is not the first time the rumor mill has been active. Shares were up 8% at $11.37 late in the trading day.
Alcatel-Lucent (ALU) was down today as it was one of the featured low priced stocks with high rising short interest. Shares were down 2% at $3.33 right before the closing bell.
Boston Scientific (BSX) rose today after S&P raised its rating to investment grade after a bond issue was filed. Shares were up 2.7% at $8.71 late in the trading day.
Ciena (CIEN) opened low, went lower, and continued lower still after the company missed its earnings expectations. Shares were down 11.6% at $11.68 late in the trading day.
Ford Motor Company (F) was trading up late in the day. CEO Alan Mulally will be interviewed by Jim Cramer tonight on CNBC's Mad Money. Shares were up 2% at $9.05 right before the close.
Jon Ogg is a partner and editor of 24/7 Wall St.
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