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Today was one of those days that held up despite the negative tape throughout much of the day and despite another call for a crash. Washington D.C. was closed, much of New York City was closed, and the volume was frequently light enough that this might as well just be considered a throw-away day. Or a market snow-day. Here were today's unofficial closing bell levels:
Dow 10,038.16 -20.48 (-0.20%)
S&P 500 1,068.15 -2.37 (-0.22%)
Nasdaq 2,147.18 -3.69 (-0.17%)
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Adobe Systems (ADBE) caught two different analyst upgrades this morning, which created a floor underneath its shares. Shares were up 1.8% at $32.87 right before the close.
Baidu, Inc. (BIDU) was a huge winner which traded at all-time highs after the Chinese search leader beat earnings and raised guidance last night. Shares were up over 10% above $481.50 ahead of the closing bell.
Honda Motor Co., Ltd. (HMC) must have felt like Toyota Motor Company (TM) after it expanded a previous recall for 378,758 more U.S. autos on driver-side airbag rupture issues. Shares were down 2.2% at $33.73 right before the close.
Sprint Nextel Corporation (S) became, "Sprint! Next, Sell!" after posting a narrower loss on lower revenues. The company also lost subscribers. Shares were down over 10% at $3.26 right before the close.
Micron Technology (MU) was down 6% at $8.52 right before the closing bell after announcing the acquisition of flash memory maker Numonyx for $1.27 billion.
Dean Foods (DF) was down sharply after its profits were down on higher expenses. Shares were down over 13% at $15.23 right before the closing bell.
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