Friday, August 20, 2010

CLOSING BELL

Dow 10213.62  -57.59, Nasdaq 2179.76  +0.81, S&P 1071.69  -3.94 
Stocks bottomed around midday and were able to rally off the bottom to end the day in mixed fashion.

Energy stocks were the worst performers today down -1.2%, while Semiconductors closed up +0.4% after Marvell (MRVL) 16.16 +1.25, +8.38% after the company reported earnings in-line earnings and announced a $500 million share repurchase program. 

Volume was strong for a due to options expiration with more than 1.12 billion shares traded.

The 10 year Treasury closed today with a yield of 2.609%.

No comments: