Closing Bell: Stocks Move Up Slightly on Mostly Good Earnings Reports (WMG, ORCC, HUGH, ACOR, VVUS)

Filed under: S and P 500, DJIA, NASDAQ

Two of the three major indexes opened higher on a solid earnings report from General Electric Company (GE), although a quarterly loss from Bank of America Corporation (BAC) and weak earnings from Advanced Micro Devices (AMD) kept a lid on the rise. Oil prices have continued to decline today, trading below $89.50. Gold prices, too, have posted a second-day of falling prices, though today's drop is modest compared with yesterday's dive. In the currency markets, the euro has gained against the dollar for a second day in a row.



Here are the unofficial closing bell numbers for today:



Dow Jones: 11,871.84 +49.04 (0.41%)

S&P 500: 1,283.35 +3.09 (0.24%)

Nasdaq: 2,689.54 -14.75 (-0.55%)

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Closing Bell: Stocks Move Up Slightly on Mostly Good Earnings Reports (WMG, ORCC, HUGH, ACOR, VVUS) originally appeared on BloggingStocks on Fri, 21 Jan 2011 16:00:00 EST. Please see our terms for use of feeds.

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