The Market Story
Dow Record Bid Falls Short
09/27/06 - 04:55 PM EDT
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Among ratings changes, Citigroup upgraded SunocoSUN, ValeroVLO and Marathon OilMRO to buy from hold. Elsewhere, Morgan Stanley raised its rating for apparel retailer GapGPS to overweight from underweight. Shares jumped by 57 cents, or 3.1%, to $19.07. Overseas, Europe's equities moved higher. London's FTSE 100 added 1% to 5930, and Frankfurt's Xetra DAX rose 0.5% to 5989. Asia's shares also surged, with Tokyo's Nikkei ending higher by 2.5% to 15,948 and Hong Kong's Hang Seng rising 1.2% at 17,521. To view Gregg Greenberg's video take on today's market, click here.
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