26 Jan 2015
US stocks closed positive after recovering losses
FXStreet (San Francisco) - US stocks finished with slight gains on the day as investors dismissed the outcome of the Greek elections and an empty economic agenda in the United States.
The Dow finally ended the day positive after being negative almost the whole day. The S&P consolidated levels above the 2,050 level. Most sectors finished Monday up for the day.
The Dow Jones closed just above break event at 17,678.70; the S&P 500 rose 0.26% to 2,057.09; The Nasdaq Composite advanced 0.29% to 4,771.76; while small caps in the figure of the Russell 2000 broke above the 1,200 level to 1,200.74.
Energy shares led the market with 1.20% gains in the day; followed by Consumer Discretionary with a 0.99% advance and the Materials sector with 0.82% daily gain. Laggards were Telecomm with 0.22% decline and Technology that was 0.02% down on the day.
Big gainers on the day were Unilever $UN (+3.37%); Royal Dutch Shell $RDS.B (+2.04%); and Exxon Mobil (+0.96%). Losers of the day were: Brazilian Banco Bradesco $BBDO (-10.15%); Hewlett-Packard $HPQ (-3.09%); and Google $GOOGL (-0.97%).
After hours, United Technologies $UTX reported a Q4 EPS of $1.62, in line of expectations; however the company informed a $140M miss in revenues; $17B vs $17.13B expected. Revenues rose 1.4% YoY. UTX revised down 2015 expectations due the US dollar strength in the currency market.
Microsoft Corp $MSFT reported a FQ2 EPS of $0.71, in line of expectations. Microsoft's revenue rose 8% YoY to $26.47B, $140M more than expected.
Rambus $RMBS informed a Q4 EPS of $0.14, $0.08 above expectations. The security IP developer missed on revenue but launched a 20M shares buyback program.
The Dow finally ended the day positive after being negative almost the whole day. The S&P consolidated levels above the 2,050 level. Most sectors finished Monday up for the day.
The Dow Jones closed just above break event at 17,678.70; the S&P 500 rose 0.26% to 2,057.09; The Nasdaq Composite advanced 0.29% to 4,771.76; while small caps in the figure of the Russell 2000 broke above the 1,200 level to 1,200.74.
Energy shares led the market with 1.20% gains in the day; followed by Consumer Discretionary with a 0.99% advance and the Materials sector with 0.82% daily gain. Laggards were Telecomm with 0.22% decline and Technology that was 0.02% down on the day.
Big gainers on the day were Unilever $UN (+3.37%); Royal Dutch Shell $RDS.B (+2.04%); and Exxon Mobil (+0.96%). Losers of the day were: Brazilian Banco Bradesco $BBDO (-10.15%); Hewlett-Packard $HPQ (-3.09%); and Google $GOOGL (-0.97%).
After hours, United Technologies $UTX reported a Q4 EPS of $1.62, in line of expectations; however the company informed a $140M miss in revenues; $17B vs $17.13B expected. Revenues rose 1.4% YoY. UTX revised down 2015 expectations due the US dollar strength in the currency market.
Microsoft Corp $MSFT reported a FQ2 EPS of $0.71, in line of expectations. Microsoft's revenue rose 8% YoY to $26.47B, $140M more than expected.
Rambus $RMBS informed a Q4 EPS of $0.14, $0.08 above expectations. The security IP developer missed on revenue but launched a 20M shares buyback program.