market close posts

Feed

Closing Bell: Bulls drinking with bears out on a kitchen pass

Today was a good end to a strange trading week, while many shares had light volume with today's half-day trading session. Non-Farm payrolls declined worse than expected to 62,000, and May was revised higher to 62,000 jobs lost as well. The ISM non-Manufacturing came in again under 50 at a very weak 48.2, signaling growth isn't back to being close to the table. The dollar traders were probably less than thankful after the European Central Bank raised its overnight rates and as oil neared $146.00 per barrel intra-day. These are today's unofficial closing bell levels:
We actually handed an award to analysts for a tie in the Worst Analyst Calls of the Week. They were that late.

Abbott Labs (NYSE: ABT) saw a rise of almost 1% to $54.75 after the FDA approved its XIENCE drug eluting stent.

NVIDIA (NASDAQ: NVDA) saw a horrific drop after the company's earnings warnings. This is what happens when your new product fails enough that it increased the severity. Shares were down 30% at $12.49 at the close.

Penn National Gaming (NASDAQ: PENN) actually rose despite the merger finally being called off. We knew this was coming. Shares closed up 3.7% at $29.66 today.

Have a great weekend, and remember markets are closed Friday in observance of the July 4 holiday.

Jon C. Ogg

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 12:09 AM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

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

Page Loaded in 1329023392125 ms.