Late Push Helps Dow, Nasdaq Finish Higher
(Updated from 3:46 p.m. EDT)
Blue-chips rallied in the last hour of trading after being smacked around for most of the day. This morning's
durable goods report, which came in weaker than expected, and a
warning from Dow
component Hewlett-Packard(HWP Quote), kept buyers at bay for the majority of the session.
The Dow recently closed up 49.9 points, or 0.5%, to 10,455.63. The Nasdaq
gained 38.6 points, or 1.9%, to 2022.96, and the S&P 500
finished ahead by 12.4 points, or 1%, to 1202.90.
Corning (GLW Quote), on the day after its second-quarter earnings announcement, climbed 13% to $15.56. Compaq(CPQ Quote) was up 2.7% to $14.50 even though the PC maker's woes continue. Rival hardware maker Hewlett-Packard fell after its comments about a bleak third quarter. Shares of H-P traded down 6.5% to $24. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,415.12 | 1,103.87 | 2,197.79 | 34.84 |
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