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Stocks Maintain it's Upward Graph
By jmackay on Markets | Wednesday July 14, 2010 08:05 am
Stocks were all set for a big leap on the start of the trading on Wednesday. Stocks across S&P, NASDAQ, and Dow all had recorded increases in their values by 3.40 points or 0.31%, 15.00 points or 0.81%, and 32.00 points or 0.31%. U.S. stocks went up on Tuesday as well and it was an unexpected rise in the profit margin, which was primarily responsible for Alcoa, the aluminium giant. Tuesday’s close recorded a rise of 1.44%, 1.99%, and 1.54% by Dow, NASDAQ, and S&P. Investor’s today will take in a line of economic reports which includes readings on import prices, export, business inventories and retail sales.

Since Friday, Intel Corp and NVIDIA Corp have both steadily maintained their upward pattern. They have increased in their values by 6.71% and 6.59% respectively. Jabil Circuit Inc and Yum! Brands Inc for the past week have steadily continued to rise in its value. However, Yum! Brands Inc has taken a dip by 2.94% in the pre-market session on Wednesday. SanDisk Corp is facing many fluctuations. However, today it has gained by 2.60%. AK Steel Holding Corp has seen a fair market except for Monday when it had slipped by 0.51 points. Today, however it has gained in its value by 3.00%. After a continuous steady upward graph for about a week, Anadarko Petroleum Corp has slipped by 0.25% on Wednesday’s pre-market session.

In the World Markets, Nikkei 225 Japan and Hang Seng Hong Kong went up by 2.71% and 0.64%. However, FTSE 100 England and DAX Germany suffered slump in their values by 0.24% and 0.12% respectively. Japan Yen and United Kingdom Pound have slipped by 0.0564% and 0.5464%. However, Canada Dollar and European Euro have gone up by 0.0581% and 0.1273% respectively.

In the commodities, Light Crude, Gold and Corn have taken a dip in their values by 0.64%, 0.11%, and 1.35%. However, Natural Gas has gained by 0.02%. Among the bond rates the 3 Month Treasury, 10 Year Treasury, and the 30 Year Treasury have taken a hike by 3.57%, 2.23%, and 1.51%.

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