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UltraShort Financials ProShares(SKF Quote) jumped 14% as financial stocks continued to slide lower. Finerman said that if you're in this and not up tremendously, you have no business being involved. SanDisk(SNDK Quote) soared 39% after the flash chip maker received a $5.85 billion takeover offer from Samsung. Najarian said, "That's a pop, but SNDK wants $35 a share." Drops Exxon Mobil(XOM Quote) fell 2%. Adami says the stock is a "screaming" buy at $75. Nortel Networks(NT Quote) plunged 50%. Macke joked that maybe the Fed will buy them. Vornado Realty Trust(VNO Quote) dropped 7%. Finerman explained the drop wasn't surprising because VNO has a lot of exposure to the Manhattan real estate market.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,083.65 | 1,072.29 | 2,152.34 | 36.23 |
Oil *
72.32
|
|
UP
175.26
|
UP
15.55
|
UP
26.29
|
UP
0.31
|
10 Yr
3.62%
SPDR Gold
105.83
|
|
+1.77%
|
+1.47%
|
+1.24%
|
+0.86%
|
Data delayed 20 minutes |
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