This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

News Summary: Stocks Pull Back From Record

By The Associated Press

HARD TO PLEASE: Stocks fell back from record levels, even after the number of Americans applying for unemployment benefits fell last week. The big rally has made investors harder to please.

PLUG AND DRIVE: Tesla Motors surged $13.61, or 24 percent, to $69.40, after the electric car maker reported its first profit since being founded a decade ago. The company's Model S has also tied an older Lexus for the highest score ever recorded in Consumer Reports magazine's automotive testing.

RISING DOLLAR, FALLING YEN; Even though the fall in unemployment benefit claims failed to lift the stock market, it did boost the dollar. The U.S. currency rose against other major currencies and traded above 100 yen for the first time in more than four years.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs