Markets extend gains from last week

|

The markets opened higher with the Dow rising 37 points to 25,372 as last week's upbeat jobs data continued to boost investor enthusiasm. Nasdaq gained 21 points to 7581.


On the upside


Fourth quarter earnings and revenue surged for Quidian (NYSE: QD).


Nomura Instinet lifted its price target on Micron Technology (Nasdaq: MU) from $55 to $100.


Shares of Dick's Sporting Goods (NYSE: DKS) rose ahead of its earnings release before market open tomorrow.

 

On the downside 


Shares of Welltower (NYSE: HCN) fell again.


Investors locked in profits on MGIC Investment (NYSE: MTG).


Profit taking weighed down shares of Radian Group (NYSE: RDN).


In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 added 4 points to 2,790. Bitcoin tumbled $163 to $9,381.


About this Entry

This page contains a single entry by published on March 12, 2018 6:54 AM.

Markets soar on strong jobs growth was the previous entry in this blog.

Apple to buy Texture is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 5.12