Small-cap stocks fared far better than the broader market Wednesday, generally staying positive as the major indices slumped into negative territory. The Russell 2000 was up 0.5% at 739.25, and the S&P SmallCap 600 was likewise up 0.5% at 391.00.
Shares of U.S. Geothermal (HTM Quote), a Boise, Idaho, company that develops geothermal properties, soared 13% to $2.69. RBC Capital Markets initiated coverage of the stock with an outperform rating. U.S. Geothermal also announced a joint venture with Gerlach Green Energy to explore the Gerlach geothermal system located in northwestern Nevada.
Oil and gas company Endeavour (END Quote) jumped 12.6% to $1.79. The Houston-based company announced a natural gas discovery in the Norwegian North Sea. It said it will participate in the drilling of eight wells overall in 2008. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.50 | 1,106.41 | 2,190.31 | 35.40 |
Oil *
71.77
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UP
65.67
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UP
4.06
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DOWN
0.55
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UP
0.58
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10 Yr
3.54%
SPDR Gold
109.32
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+0.63%
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+0.37%
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-0.03%
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+1.67%
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