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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (55613)11/15/2001 12:09:09 AM
From: StanX Long  Respond to of 70976
 
Stocks Close Higher
Blue Chips Rise But Energy Stocks Slump on OPEC News


abcnews.go.com

N E W Y O R K, Nov. 14 — Blue chips rose as Hewlett-Packard's encouraging earnings news boosted spirits already lifted by the ongoing rout of the Taliban in the U.S. military campaign in Afghanistan.


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The Dow Jones industrial average ended up 72.66 points, or 0.75 percent, to 9,823.61, according to the latest data, while the Nasdaq composite edged up 10.96 points, or 0.58 percent, to 1,903.07. The Standard & Poor's 500 index rose 2.10 points, or 0.18 percent, to 1,141.19.
Hewlett rose 9.1 percent, or $1.85, to $22.08, after topping analysts' earnings estimates, but IBM slumped ahead of an analysts' meeting.

Retailers like Home Depot rose after the government reported sales at retail stores grew at the fastest pace on record last month, while energy stocks fell on crumbling crude oil prices.



To: Gottfried who wrote (55613)11/15/2001 9:00:00 AM
From: willcousa  Read Replies (2) | Respond to of 70976
 
I generally find the premarket and ah activity to be meaningless. Like those folks are on some other planet. Sure there are times when it means something, like when there is big news the market couldn't anticipate. Would like to hear other's opinions on this.