US Stock Markets remained bullish on positive development over European debt
Thursday, September 9th, 2010Reported by: Eric CRWE Newswire Middle East correspondent
US stock markets closed on a positive note from Wednesday trading session on news of a successful auction of Portuguese government debt which lifted the market.
The Dow Jones Industrial Average DJIA advanced 46.32 points or 0.5% to close at 10,387.01 for the day. Standard & Poor 500 index gained 0.6% or 7.03 to 1,098.87 while NASDAQ surged 0.9% to close at 2,228.87 points in today trading session.
The total consolidated traded volume was 3.3 billion shares whereas gainers to losers stood in a ratio of 2 to 1 on New York Stock Exchange.
Qiao Xing Mobile Communication Co., Ltd. (NYSE: QXM) was the top gainer at NYSE as its share price advanced 37.60% to close at $3.55 with traded volume of 1.93 million shares.
Netezza Corporation (NYSE: NZ) showed exceptional movement on the rumor of possible takeover. Its share price advanced 12.32% to close at $23.97 with traded volume of 7.60 million shares for the day.
The Talbots, Inc. (AMEX: TLB) announced its second quarterly result according to which its profit increased but the company wasn’t optimistic about the next quarter. The share price declined 1.26% to close at $10.97 with total traded volume of 11.62 million shares.
Bank Atlantic Bancorp, Inc. (NYSE: BBX) was top loser of the day at the New York Stock Exchange as the share price declined 11.76% to close at $0.900 with overall volume of 2.21 million shares.
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