We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sandisk Corp. | NASDAQ:SNDK | 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% | 76.18 | 0 | 01:00:00 |
By Anora Mahmudova, MarketWatch
NEW YORK (MarketWatch) -- The U.S. stock market ended Monday's choppy trading session marginally higher.
The main benchmarks dipped in and out of negative territory as investors weighed upbeat economic reports and deal news against concerns over escalating sectarian violence in Iraq.
Over the weekend, militants in Iraq tweeted out images supporting a claim they had executed hundreds of Shiite Iraqi soldiers. The killings were not verified, according to reports.
The S&P 500 (SPX) closed 1.62 points, or 0.1%, higher at 1,937.78. The Nasdaq Composite (RIXF) ended the day up 10.45 points, or 0.2% at 4,321.11, helped by a 1% gain in Apple Inc. (AAPL), its biggest component.
The Dow Jones Industrial Average (DJI) added 5.27 points to 16,781.01.
Read the recap of MarketWatch's live blog of today's stock-market action.
Terry Sandven, chief equity strategist at U.S. Bank Wealth Management, said that given the recent gains on the S&P 500, stocks are in pause mode.
"From the technicals standpoint, markets are slightly extended and until the earnings season we expect stocks to trade sideways with the downward bias," Sandven said.
Fresh data from the factory sector showed that manufacturing remained a bright spot in the U.S. economy at the end of the second quarter.
Manufacturing activity in the New York region held steady in June after hitting an almost four-year high in May, the Federal Reserve Bank of New York said Monday.
Industrial production bounced back in May after a drop in April that wasn't as bad as initially estimated.
Home builders' confidence rose in June to the highest level in five months, but respondents were still a bit pessimistic, according to the National Association of Home Builders/Wells Fargo housing-market index released Monday.
Merger Monday
Covidien PLC (COV) shares soared 20% to $86.75 after Medtronic Inc. (MDT) announced Sunday that it plans to buy the Ireland-based company in a $42.9 billion deal. The cash-and-stock offer would be valued at $93.22 per Covidien share. Medtronic shares fell 1.1%. Medtronic, big health companies look to dodge U.S. taxes
Shares of Bluebird Bio Inc. (BLUE) soared 32% to $34.46 after the company reported promising preliminary data on experimental gene therapy for patients with inherited blood disorders.
Level 3 Communications Inc. (LVLT) shares dropped 4% after the company said Monday it agreed to acquire TW Telecom Inc. (TWTC) in a deal worth about $7.3 billion, including the assumption of $1.6 billion in debt. Level 3 said it secured committed financing valued at $3 billion.
TW Telecom shares increased 7.3%.
Fusion-io Inc. (FIO) shares surged 22% after SanDisk Corp. (SNDK) on Monday agreed to buy Fusion-io in an , or $11.25 a share.
Yahoo Inc. (YHOO) dropped 5.7% after Chinese Internet company Alibaba reported slowing revenue growth for the year. Yahoo owns 24% of Alibaba.
Twitter Inc. (TWTR) shares rose 3% on Monday and were up for 6th day in a row, its longest streak as a public company.
In other markets, European stocks fell after a weekend of increasing violence in Iraq. Japanese stocks fell in a mixed session for Asia as Iraq worries pushed the Japanese yen (USDJPY) higher against the dollar.
Oil prices (CLN4) held steady but near nine-month highs Monday, while gold(GCQ4) settled slightly higher.
More must-reads from MarketWatch:
Five gauges that could signal a stock-market correction
4 stocks that have tripled -- and are set for more gains
Why stock buybacks are losing their fizz
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Sandisk Chart |
1 Month Sandisk Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions