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Market Closing Update: Stocks Get Lift From Greece Rescue Talk, Caterpillar's Climb
The U.S. averages rebound some 1% or better Tuesday.
More confidence for a bailout for Greece, the most troubled of a handful of debt-strapped European nations, rallied global stocks. Industrial bellwether Caterpillar (CAT) propelled the blue-chip DJIA higher after an upgrade for the stock. [More...]
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Greece Likely Bailout Push Stocks Higher. Dow Leaders: CAT, KO, BA, AA, and JPM
New York, February 9th (TradersHuddle.com) – Stocks pushed higher as they staged a relief rally after the European Union will likely bailout Greece. The news coming from Europe and good corporate earnings reports helped Bulls regain control.
At 12:15 pm, the Dow Jones Industrial Average jumped 205.95 points. Read More --
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TradersHuddle.com
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Analyst Upgrades and Downgrades VZ, PTR, TWC, SAP, ROK, CAT, GME…
Air Products (APD, news: 68.51 +0.16 +0.23%, cap: 14.535B, 1yr target: 92.87) downgraded to Hold from Buy, $73 target, at Citigroup…
BioMarin (BMRN, news: 19.435 +0.265 +1.38%, cap: 1.958B, 1yr target: 23.67) upgraded to Buy from Hold, $23 target, at Roth Capital…
BS Business Parks (PSB, news: 45.68 +1.26 +2.84%, cap: 1.114B, 1yr target: 50.43) upgraded to [...]
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CEOWorld
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Caterpillar Breaking Down?
New York, Feb 9th (TradersHuddle.com) - Shares of Caterpillar, Inc. (NYSE:CAT) closed the trading
session at $50.78 below calculated support at $51.03 breaking the stock technically, raising concerns by investors, as the move might trigger more selling. Caterpillar Inc. designs, manufactures, and markets construction, mining, agricultural. Read More --
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TradersHuddle.com
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Futures Higher on Greece Bailout Speculation. Stocks to Watch: AMR, CAT, DAL, FCX, MCD, MON, and DIS
New York, Feb 9th (TradersHuddle.com) – Stock futures were pointing higher, as Wall Street seemed poised to bounce back from yesterday’s drop. Mounting speculation that Greece will receive European help to control its budget deficit pushed the euro higher, along with equities and commodities.
European Cen. Read More --
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