Monday Closing Bell: Markets Close Higher on Last-Minute Surge

November 4, 2013 by Paul Ausick

November 4, 2013: U.S. markets opened higher Friday morning and took a dip before recovering beginning about noon. There was little data out today and earnings were also relatively scarce.

European markets closed mostly higher today while Latin American markets closed mixed and Asian markets closed lower.

Tuesday’s calendar includes speeches by Richmond Fed President Jeffrey Lacker and San Francisco Fed President John Williams and the following scheduled data releases and events (all times Eastern):

  • 10:00 a.m. – ISM non-manufacturing index
  • 11:30 a.m. – 4-week bill auction

Here are the closing bell levels for Monday:

  • S&P500 1767.93 (+6.29; +0.36%)
  • DJIA 15639.12 (+23.57; +0.15%)
  • NASDAQ 3936.59 (+14.55; +0.37%)
  • 10YR TNOTE 2.605% (+0.125)
  • Gold $1,314.70 (+1.50; +0.1%)
  • WTI Crude oil $94.62 (+0.017; flat)
  • Euro/Dollar: 1.3519 (+0.0032; +0.24%)

Big Earnings Movers: Kellogg Co. (NYSE: K) is up 0.7% at $62.72 after announcing a restructuring program. CME Group Inc. (NASDAQ: CME) is down 1.2% at $73.77 after reporting earnings this morning. Realogy Holdings Corp. (NYSE: RLGY) is up 7.7% at $43.79.

Stocks on the Move: BlackBerry Ltd. (NASDAQ: BBRY) is down 16.4% at $6.50 after announcing that no buyout bid will be forthcoming. Penn National Gaming Inc. (NASDAQ: PENN) is down 76.7% at $13.75 after spinning-off its real-estate holdings into a REIT. Suntech Power Holdings Co. Ltd. (NYSE: STP) is up 15.5% at $1.53 following the acquisition of its major operations in Wuxi.

In all, 142 NYSE stocks put up new 52-week highs today, while 13 stocks posted new lows.

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.