U.S. stocks edged up slightly higher, after swinging back and forth in a narrow range, as investors preferred to remain on the sidelines.  After yesterday’s better-than-expected reports on housing and consumer confidence, investors looked for fresh signs to help restart a rally that has catapulted major indexes to multi-month highs. 

Yesterday, fifteen of the thirty DJIA components closed higher; 245 of the S&P500 closed up and 42 of the NASDAQ100 finished on higher ground.  Trading was subdued with NYSE volume of 1.05 billion well below last year's average of 1.49 billion.  The DJIA gained 4 points to close virtually flat at 9543; the NASDAQ and S&P500 each recorded gains of 0.01%.  Declining issues beat those that advanced eight to seven.  Treasuries were mixed after the government successfully auctioned $39 billion in five-year notes.  The Treasury is scheduled to auction $28 billion of 7-year notes today.

Five of the S&P500

Cavico Corp. (CVIC.OB) is a major infrastructure construction and investment company also focusing on natural resources. The company is a leading hydropower construction company and the largest privately-owned heavy civil construction contractor located in Vietnam. The company is committed to offering social and economic improvements in all communities where it has operations.

Cavico plays a strong role in the infrastructure development of Vietnam’s manufacturing industry. The company specializes in hydroelectric plants, highways, bridges, tunnels, roads, dams, and urban community developments. Cavico also holds a reputation for being a responsible provider of infrastructure by being conscious of environmental issues and applications. The company makes investments not only in hydropower facilities, but also in cement production plants and urban developments in Vietnam.

Cavico operates throughout more than twenty countries and has approximately 3,000 employees. The company is headquartered in Hanoi, Vietnam, but also has additional offices throughout Vietnam