U.S. Stocks * JNJ, BA and MMM al hit new 52 week highs. * June S&Ps this morning are trading up +1.00 point. The US stock market yesterday closed higher as better-than-expected earnings results offset concerns of slowing economic growth: Dow Jones +0.57%, S&P 500 +0.36%, Nasdaq Composite +0.09%. The Dow and S&P 500 posted [...]
Archive for April, 2011
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DJIA / Market Close for Thursday, April 28, 2011
Posted by admin on April 28th, 2011
After the close… We have Dow component Microsoft – MSFT down -1.9% following their earnings report. Must not have been too hot, but still not awful either. What did we get today? Another round of new highs. Boring, huh? The Dow closed at another new high of 12,763.31, up +72.35 (+0.57%) and intraday high of [...]
The Boeing Co. (BA) First Quarter Earnings Report
Posted by admin on April 27th, 2011
Aircraft manufacturer The Boeing Co. Wednesday said that a lower tax rate helped increase its first quarter bottom line, offsetting a higher pension expense and a ding in revenue because of fewer commercial-jet deliveries. Boeing also reaffirmed its 2011 profit forecast and said following years of delays, that it was on track to deliver its [...]
