Wednesday , 22 May 2013

Trading the Dow Jones : Stocks extend gains on Mid-Day


Stocks extended gains in mid day trading, the Dow Jones more than 200 points. Stocks pushed higher on better-than-expected manufacturing data in China. Stocks rise is calculated as the number of Federal Reserve actions to support the U.S. economy.

All sectors in the S&P 500 are up sharply in mid-day trading. Technology stocks are leading the gains in the S&P 500 in mid-day trading. At last check, Technology stocks were trading 2.71% higher. Dow Jones was trading 1.86% higher at 11,056.62, the S&P 500 was trading 2.17% higher at 1,148.26, and the Nasdaq was trading 2.82% higher at 2,411.43.
Energy stocks are climbing in mid-day trading. At last check, Energy stocks were trading 2.52% higher. Among the major gainers in the Energy sector in mid-day trading are Exxon Mobil Corporation (NYSE: XOM), which is currently trading 3.12% higher at $72.37, Chevron Corporation (NYSE: CVX), which is currently trading 2.64% higher at $95.76, Halliburton Company (NYSE: HAL), which is currently trading 6.01% higher at $39.53, and Baker Hughes Incorporated (NYSE: BHI), which is currently trading 2.75% higher at $54.61.

Other major gainers in mid-day trading include Universal Display Corporation (NASDAQ: PANL), which is currently trading 11.52% higher at $38.77, Ivanhoe Mines Ltd. (NYSE: IVN), which is currently trading 15.31% higher at $19.96, GT Advanced Technologies Inc. (NASDAQ: GTAT), which is currently trading 10.80% higher at $11.18, and MEMC Electronic Materials Inc. (NYSE: WFR), which is currently trading 10.56% higher at $6.70.

Among the major losers in mid-day trading are Temple-Inland Inc. (NYSE: TIN), which is currently trading 18.65% lower at $20.19, RealPage Inc. (NASDAQ: RP), which is currently trading 12.56% lower at $18.58, and Gold Resource Corporation (AMEX: GORO), which is currently trading 4.07% lower at $23.33.


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