Strengthening Euro Lifts Markets To Higher Close

The strengthening Euro lifted the markets to a modestly higher close with the Dow rising 24 points to 10,434. Nasdaq added a point to 2307.

On the upside

Pre-orders for Apple's (Nasdaq: AAPL) iPhone 4 surpass expectations.

Boeing (NYSE: BA) announced the completion of the first 787 Dreamliner jet flight with General Electric's (NYSE: GE) Trent 1000 engines.

Motorola (NYSE: MOT) announced a new phone for corporate clients based on Microsoft (Nasdaq: MSFT) software.

On the downside

Preliminary results indicate that NMT Medical's (Nasdaq: NMTI) CLOSURE I stroke prevention device failed a clinical trial.

Arrowhead Research (Nasdaq: ARWR) will sell 6.6 million common shares and warrants to purchase 3.3 million common shares through a registered direct offering.

A second shareholder expressed opposition to Charles River's (NYSE: CRL) acquisition of WuXi Pharma Tech (NYSE: WX).

In the broad market, advancing issues barely outpaced decliners by a slim margin on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 665.