Tuesday, December 22, 2009
U.S. stocks advance on data; Boeing, Jabil lead
U.S. STOCK ADVANCE ON DATA; BOEING, JABIL LEAD
U.S. stocks maintain a modest advance Tuesday after the National
Association of Realtors said the sale of existing homes rose 7.4% in
November. Boeing leads the Dow industrials index higher, while Jabil
Circuit fronts S&P 500 gains.
TUESDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks expected to move significantly in trading on Tuesday include
the Internet travel companies as well as AOL, Jabil Circuit, Navistar,
State Street and Take-Two.
TECHS LEAD ASIA RISE; NIKKEI ENDS AT 3-MONTH HIGH
Asian markets finished mostly higher Tuesday as technology stocks
tracked gains in their U.S. counterparts and a weaker Japanese yen
helped pull exporters higher in Tokyo, lifting the Nikkei 225 to its
highest closing level in three months.
OIL AND GAS SECTOR HELPS EUROPE SHARES TO GAIN
Shares in Europe advance for a second straight session on Tuesday,
helped by strong gains for oil majors and a steep advance for selected
banks.
OIL EDGES LOWER ON OPEC, U.S. GDP
Oil futures edged higher Tuesday after their decline in the previous
session, as investors expected the OPEC oil cartel to leave production
quotas unchanged at their meeting in Angola.
