Stocks are headed for a higher finish today, with all three major indexes near session highs in late trading. Stocks have edged higher today as investors digested some strong corporate earnings reports and encouraging economic data from the euro zone.
At last check, the Dow Jones was trading 0.35% higher at 13,874.08, the S&P 500 was trading 0.39% higher at 1,500.69, and the Nasdaq was trading 0.55% higher at 3,147.54.
Consumer Cyclical sector is leading the gains in the S&P 500 in late trading. At last check, the sector was trading 0.98% higher. Consumer Non-Cyclical sector has also risen sharply today. The sector is currently up 0.74%. Energy sector is currently trading 0.62% higher, while Healthcare sector is currently up 0.64%. Basic Materials is the only sector in the S&P 500 currently in red. At last check, the sector was down 0.20%.
Among the major movers in late trading today are Netflix Inc. (NASDAQ: NFLX), which is currently trading 14.90% higher at $168.74, Select Comfort Corp. (NASDAQ: SCSS), which is currently trading 17.57% lower at $23.25, Procter & Gamble Company (NYSE: PG), which is currently trading 3.46% higher at $72.86, Apple Inc. (NASDAQ: AAPL), which is currently trading 1.28% lower at $444.74, Starbucks Corporation (NASDAQ: SBUX), which is currently trading 4.70% higher at $57.08, Microsoft Corp. (NASDAQ: MSFT), which is currently trading 0.74% higher at $27.83, and Halliburton Company (NYSE: HAL), which is currently trading 5.08% higher at $39.73.
European markets ended mostly higher earlier in the day, with the FTSE100 Index in London closing 0.31% higher, and the CAC 40 Index in Paris closing 0.69% higher. Asian markets ended on a mixed note overnight, with the Nikkei 225 Index in Japan closing 2.88% higher, and the Hang Seng Index in Hong Kong closing 0.08% 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.