European markets closed higher today, while Latin American and Asian markets closed mixed again.
The EIA’s natural gas storage report for the week showed a smaller than expected build in inventories, but the agency’s forecast through October calls for a large increase.
In addition to a speech from Fed vice-chair Janet Yellen, Friday’s calendar includes the following data release:
- 10:00 a.m. – New home sales
We also broke out the top Wall Street calls with analyst upgrades and downgrades. Here are the closing bell levels for Thursday:
- S&P500 1,656.90 (+14.10; +0.86%)
- DJIA 14,963.36 (+65.81; +0.44%)
- NASDAQ 3,638.72 (+38.92; +1.08%)
- 10YR TNOTE 2.9% (-0.03125)
- Gold $1,370.80 (+0.70; <0.01%)
- Euro/Dollar: 1.3361 (+0.0006; +0.05%)
Big earnings movers: Abercrombie & Fitch Co. (NYSE: ANF) is down 17.7% at $38.53after an abysmal earnings report. Hewlett-Packard Co. (NYSE: HPQ) sunk 12.4% today to $22.24 after its own dismal results came out. GameStop Corp. (NYSE: GME) is up 9.1% at $51.93 following weak earnings but a positive forecast for the second half of the year based on the introduction of new game controllers from Sony Corp. (NYSE: SNE) and Microsoft Corp. (NASDAQ: MSFT).
Stocks on the move: SunEdison Inc. (NYSE: SUNE) is up 15.9% at $7.89 on news that the firm plans to spin off its semiconductor business.
In all, 60 stocks put up new 52-week highs today, while 71 stocks posted new lows.