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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Clearwire Corp. - Class A (MM) | NASDAQ:CLWR | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.99 | 0 | 01:00:00 |
By Kate Gibson, MarketWatch
NEW YORK (MarketWatch) -- U.S. stocks opened mildly higher on Thursday, with the Dow industrials bouncing back after their largest hit in four weeks.
Reports had the U.S. economy growing less than expected last quarter and jobless claims rising more than estimated last week.
"Today's report isn't likely to move the needle, as it contained no real surprises," Jim Baird, chief investment officer for Plante Moran Financial Advisors, noted in emailed commentary on the GDP number.
"It's the most recent chapter in the story of an economy that has moved forward in fits and starts over the past several years," Baird added.
Separately, the Labor Department reported its count of Americans who filed for first-time jobless benefits rose by 10,000 last week to 354,000.
A volatile Japanese market remained in the headlines. The Japanese yen (USDJPY) fell against the U.S. dollar (DXY) and Japan equity index futures bounced higher after Reuters reported a proposed change in Japan's public pension fund's strategy would likely bolster equity markets while denting the nation's currency. U.S. stock index futures also gained after that report.
The Dow Jones Industrial Average (DJI) rose 54.98 points to 15,357.78.
On the Dow, Alcoa Inc. (AA) fell after Moody's Investors Service reduced its rating on the aluminum manufacturer's debt to one notch below investment grade.
The S&P 500 index (SPX) added 6.91 points to 1,655.27.
The Nasdaq Composite (RIXF) climbed 16.89 points to 3,484.40.
Advancers outran decliners nearly 2-to-1 on the New York Stock Exchange, where 70 million shares traded as of 9:45 a.m. Eastern.
Composite volume neared 303 million.
At 10 a.m. Eastern, the National Association of Realtors is scheduled to release figures for pending-home sales in April.
Noteworthy movers on Thursday included Clearwire Corp. (CLWR) , up 19%, after Dish Network Corp. (DISH) upped its offer for the company, upping the ante in a bidding competition with Sprint Nextel Corp. (US-S)
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1 Year Clearwire Corp. - Class A (MM) Chart |
1 Month Clearwire Corp. - Class A (MM) Chart |
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