Market Close for Thursday, September 30, 2010

Tis the end of the quarter (Q3-10).

After the close…

We have ACN +3.4% following its earnings report.

Tthe major averages managed to obtain fresh multi-month highs in the early going, but a loss of support left stocks to settle with losses. So we had a lackluster finish to September, which actually brought the stock market its best monthly performance since April 2009. Notable earnings reports after the close include ACN, AZZ, CBK, DMAN, LWSN, RECN and SMOD.

Futures are mixed after hours: S&P 500 futures are -0.48 from fair value of 1136.68 and Nasdaq100 futures +0.10 points from fair value of 1995.65.

Nine of the ten sectors were in negative territory, led by tech (-0.6%), industrials (-0.4%) and consumer staples (-0.4%), while energy (+0.1%) was higher.

Tomorrow morning before the open, one economic report is scheduled to be released, which includes Personal income (Consensus 0.3%), Personal Spending (Consensus 0.3%) and PCE Prices — Core (Consensus 0.1%).

Both comments and pings are currently closed.

Comments are closed.