The Dow Jones and the S&P 500 extended their gains in late trading, while the Nasdaq pared its initial losses and was marginally higher. Stocks have edged higher in trading today as some robust corporate earnings reports overshadowed disappointing consumer confidence data.
At last check, the Dow Jones was trading 0.56% higher at 13,959.04, the S&P 500 was trading 0.59% higher at 1,509.26, and the Nasdaq was trading 0.08% higher at 3,156.86.
All sectors in the S&P 500 except Consumer Cyclical are currently in green. Energy sector is leading the gains in the S&P 500 in late trading today. At last check, the sector was up 1.31%. Consumer Non-Cyclical sector has also risen sharply in late trading today. At last check, the sector was trading 1.06% higher. Basic Materials sector is currently trading 0.98% higher. Consumer Cyclical sector was down 0.07%, at last check.
Among the major movers in late trading today include VMware Inc. (NYSE: VMW), which is currently trading 20.79% lower at $77.88, Ford Motor Company (NYSE: F), which is currently trading 4.72% lower at $13.13, Valero Energy Corporation (NYSE: VLO), which is currently trading 12.24% higher at $43.56, D.R. Horton Inc. (NYSE: DHI), which is currently trading 12.20% higher at $23.91, Yahoo! Inc. (NASDAQ: YHOO), which is currently trading 2.46% lower at $19.81, Research In Motion Limited (NASDAQ: RIMM), which is currently trading 3.28% lower at $15.65, and Pfizer Inc. (NYSE: PFE), which is currently trading 3.58% higher at $27.80.
European markets ended mostly higher earlier today, with the FTSE 100 Index in London closing 0.71% higher and the CAC 40 Index in Paris closing 0.13% higher. Asian markets ended on a mixed note overnight, with the Nikkei 225 Index in Japan closing 0.39% higher, and the Hang Seng Index in Hong Kong closing 0.07% lower.
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Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.