Intel and Home Depot lead blue chip rally. Crude oil futures close higher by 1.7% to $59.55.
Monday's market action created a 10-day intraday high as on the the Nasdaq (explanations below), which is a bearish signals. It will be interesting to see if we get more bearish signals next week and if any trigger on the SPX, which is nearing its 52-week high level (click here for more info).
D.R. Horton (DHI | Quote | Chart | News | PowerRating) Q4 Profit Plummets On Charges, Lower Revenues (full story). DHI shares jump over 9%.
Target (TGT | Quote | Chart | News | PowerRating) Q3 Profit Rises 16.2% On Retail, Credit Card Operations (full story). TGT shares rise 2.25%.
Fossil (FOSL | Quote | Chart | News | PowerRating) Reports Q3 Preliminary Results, Said Worldwide Net Sales Rose 16.4% In Q3; Sees Net Sales Growth In Low Double-digit Range For Q4 (full story). FOSL shares rise nearly 2%.
Agilent (A | Quote | Chart | News | PowerRating) Q4 Profit Surges; Adj. EPS Misses Estimate; Revenues Up 6%; Guides Q1 (full story). A shares drop 5.7%.
Ford (F | Quote | Chart | News | PowerRating) Restates Results From 2001 Through 2005; Narrows Q3 FY06 Loss By $550 Mln (full story). F shares fall nearly 1%.
BJ's Wholesale Club (BJ | Quote | Chart | News | PowerRating) Q3 Profit Declines On Increased Expenses (full story). BJ shares rise by 3.7%.
For more stories as they happen, go to our Breaking News section.
|
Dow |
+85.89 |
12,217.77 |
|
NASDAQ |
+24.28 |
2,430.66 |
|
S&P 500 |
+8.78 | 1,393.20 |
|
NYSE |
NASDAQ | |
|
Volume |
2,937,746,000 |
1,879,675,000 |
|
Advances |
2379 |
1965 |
|
Declines |
899 |
1094 |
|
Up Volume |
2003 |
1259 |
|
Down Volume |
672 |
504 |
|
New Hi's |
307 |
218 |
|
New Lo's |
25 |
60 |
|
Strongest Sectors |
Weakest Sectors |
|
PHLX Semiconductor Index (SOX) |
PHLX Gold and Silver Sector Index (XAU) |
| Amex Disk Drive Index (DDX) | Amex Gold Bugs Index (HUI) |
| GSTI Semiconductor Index (GSM) | S&P Chemical Index (CEX) |
Producer prices fell 1.6% in October matching a 5 year low.
Retail sales fell 0.2%.
Business inventories rose 0.4% in September vs. 0.6% expected increase.
Darren Wong
darrenw@tradingmarkets.com
Use our most popular trading tool to find out how your stocks will move in the next 5 days.