Log in to your IBTimes Account

close
ID
Password
  • Set your IBTimes.com Edition

Midday Leaders and Laggards: Nasdaq 100



By AP
25 June 2008 @ 11:52 am ET

NEW YORK - The Nasdaq 100 index rose in midday trading as Wall Street awaited the outcome of the Federal Reserve's latest meeting and crude oil prices fell after the government said oil supplies were bigger than expected last week.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
UAUA 3.31 0.02
FLEX 3.48 -0.03
HPQ 37.85 -0.83
LVLT 1.21 0.15
APOL 64.97 0.56
STLD 14.86 -0.32
JOYG 41.59 0.32

The index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, gained 31.23 points to 1,934.97 in midday trading. The broader Nasdaq composite rose 38.47 points to 2,406.75.

Light, sweet crude fell $3.89 to $133.11 on the New York Mercantile Exchange.

Shares of United Airlines parent UAL Corp. rose 38 cents, or 6.3 percent, to $6.39. The profitability of airline operators is closely linked to jet-fuel costs.

Shares of Flextronics International Ltd. gained 57 cents, or 5.9 percent, to $10.21. The electronics manufacturer said Tuesday it was selected to design and make a consumer notebook computer for Hewlett-Packard Co.

Shares of Level 3 Communications Inc. added 18 cents, or 5.4 percent, to $3.51.

On the falling side, shares of University of Phoenix operator Apollo Group Inc. slipped $2.63, or 5 percent, to $50.20. The company's president, Brian Mueller, resigned and stepped down from the board on Wednesday.

Shares of Steel Dynamics Inc. fell $1.19, or 3 percent, to $38.90.

Shares of Joy Global Inc., which makes mining equipment, slipped $2.31, or 2.9 percent, to $77.86.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


advertisement
More Industries
China's ambitious plan to increase wind power capacity could attract up to $150 billion in investment, but Beijing will have to get serious about revampi...
Top oil and gas firm PetroChina raised daily output at its largest Sulige gasfield, in northern China's Ordos Basin, to 25.6 million cubic metres, up 67 ...
Volkswagen chief executive Martin Winterkorn said Europe's largest auto maker sold 6 percent more cars and transporters in June than in the same month a ...

Advertisement
Option Trading Was Never So Easy

Come and experience the trading platform that everyone talks about. Simple, fast and exciting.

Forex trading is too complicated?

Can predict currency pairs movements? Binary option trading is what you need. Click here.

Press Release Distribution - IBwire

Effective and Affordable Press Release Distribution Service

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives