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Stock Market News for August 28, 2009 – Market News

Zacks Market Commentaries (August 28th, 2009) Writes:

U.S. stocks recovered from early losses to end the day slightly higher, helped by a rebound in energy, financial and technology shares.  Volume was extremely light as investors, lacking in enthusiasm, refrained from taking big positions. 

The Dow Jones industrial average, which at one point had given up as much as 84 points, rose 37.11 points, or 0.4%, to close at 9,580.63, its eighth consecutive advance.  The broad Standard & Poor's 500-stock index rose 2.86 points, or 0.28%, to 1,030.98.  The tech-heavy NASDAQ composite index edged up 3.30 points, or 0.16%, to 2,027.73, helped by a late-session rally in technology shares.  Treasuries fell, pushing the yield on 10-year notes up 0.3 point to 3.46%.  On the New York Stock Exchange 1.16 billion shares exchanged hands and advancing shares were ahead of those that declined eight to seven.

This morning’s stock futures suggest moderate gains on the opening.  Dow Jones

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DrStockPick.com Stock Report! 8/24/09, PCS, BEST, PRWP, INKN, XTEX, XTXI

Dr. Stock Pick (August 24th, 2009) Writes:

DrStockPick.com Stock Report!

Monday August 24, 2009

signup3m

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Residents of the Tri-State area now have a new alternative to costly traditional wireless service plans. MetroPCS Communications, Inc. (NYSE: PCS), the nation’s leading provider of unlimited, flat-rate, no signed contract wireless communications service, announces the expansion of its New York City area service to include Long Island, North Central New Jersey, White Plains and New Rochelle, N.Y., Stamford and Bridgeport, Conn. This expansion includes two MetroPCS company-owned retail stores, 50 authorized dealer locations and fifteen Best Buy stores. MetroPCS’ expansion will bring 250 jobs to the area. For more information on MetroPCS and coverage areas, please go to www.metropcs.com.

Shiner International,

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