US Stocks Surged, DJIA Soared 254Pts (Cisco Systems, Inc., Alcoa Inc., Merck & Co., Inc., Kraft Foods Inc.)
US Stocks Surged, DJIA Soared 254Pts
(EMAILWIRE.COM, September 02, 2010 ) New York, NY-The Dow Jones Industrial Average surged 254.75 points, or 2.54%, to 10,269.47 in today`s trading, while the Standard & Poor's 500-stock index added 2.95% to 1,080.29 and the NASDAQ Composite rose 2.97% to 2,176.84. It comes after U.S. manufacturing activity expanded in August for the 13th straight month, with the ISM manufacturing PMI defying expectations to rise to 56.3, from 55.5 in July. The encouraging numbers were fueled by strong employment and production data.
Shares of Cisco Systems, Inc. (NASDAQ:CSCO) added 1.38% to $20.26 on over 80.17 million shares. The stock today opened at $20.37 and was trading within the range of $20.25-$20.70. The daily average volume of the stock stands at $61.60 billion. In the past one year of trading sessions, the stock went down more than 7%.
Cisco Systems, Inc. designs, manufactures and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use.
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Alcoa Inc. (NYSE:AA), engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined, gained 2.96% to $10.52 on over 24.25 million shares. The stock went down 5% in the month of August and has a 52-week range of $9.81- $17.60.
Merck & Co., Inc. (NYSE:MRK) advanced 1.31% to $35.62 on over 13.06 million shares. Merck & Co., Inc. is a global health care company that delivers health solutions through its medicines, vaccines, biologic therapies, and consumer and animal products, which it markets directly and through its joint ventures.
The stock has a 52-week range of $30.70-$41.56 and is down 3% year-to-date. At today`s closing market price, the market capitalization of the stock stands at $111.07 billion.
Kraft Foods Inc. (NYSE:KFT) increased 1.57% to $30.38 on over 10.83 million shares. In the last six months of trading sessions, the stock is up more than 5%. Kraft Foods Inc. manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products.
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Shares of Cisco Systems, Inc. (NASDAQ:CSCO) added 1.38% to $20.26 on over 80.17 million shares. The stock today opened at $20.37 and was trading within the range of $20.25-$20.70. The daily average volume of the stock stands at $61.60 billion. In the past one year of trading sessions, the stock went down more than 7%.
Cisco Systems, Inc. designs, manufactures and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use.
To get FREE Stock newsletters, please sign up at http://www.otcblaze.com
Alcoa Inc. (NYSE:AA), engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined, gained 2.96% to $10.52 on over 24.25 million shares. The stock went down 5% in the month of August and has a 52-week range of $9.81- $17.60.
Merck & Co., Inc. (NYSE:MRK) advanced 1.31% to $35.62 on over 13.06 million shares. Merck & Co., Inc. is a global health care company that delivers health solutions through its medicines, vaccines, biologic therapies, and consumer and animal products, which it markets directly and through its joint ventures.
The stock has a 52-week range of $30.70-$41.56 and is down 3% year-to-date. At today`s closing market price, the market capitalization of the stock stands at $111.07 billion.
Kraft Foods Inc. (NYSE:KFT) increased 1.57% to $30.38 on over 10.83 million shares. In the last six months of trading sessions, the stock is up more than 5%. Kraft Foods Inc. manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products.
About http://www.otcblaze.com
Our goal is to make money and help you make money too. We focus on stocks trading on the OTCBB and Pinksheets. We find that the opportunities in these markets to double or triple your investment in weeks, days or even hours is much greater than in other markets. We've seen it, we've done it, and now we want to help you get in on the action too. We do, on occasion, have some picks from the big boards too!!
Disclaimer
The disclaimer is to be read and fully understood before using our site or joining our email list.
PLEASE NOTE: The OTCBlaze.com employees are not Registered as an Investment Advisor in any jurisdiction whatsoever.
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Many times we are compensated to feature companies on our site which causes a conflict.
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This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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Tel: 732-229-0668
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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