Filed under: After the bell , Intel (INTC) , Market matters , Abercrombie and Fitch (ANF) , CMGI Inc (CMGI) Volatility is becoming the market's new name. Much of yesterday's 700+ point drop in the DJIA was largely erased as the DJIA was up more than 400 points for most of the last hour today. The markets weren't driven by a bailout package. It was the BELIEF that a new passage would get passed by the weekend. Consumer confidence did come in stronger than expected , although the Conference Board noted that the data cut off date was September 23, before the last round of malaise hit. Here were today's unofficial closing bell levels: DJIA 10,862.61 (+497.16; +4.80%) NASDAQ 2,082.33 (+98.60; +4.97%) S&P500 1,163.93 (+57.54; +5.20%) 10YR T-NOTE 3.827% (+0.195) 52-WEEK LOWS TOP UPGRADES , many moved here. TOP DOWNGRADES Abercrombie & Fitch Co. (NYSE: ANF ) rose after an analyst upgrade this morning. The young adult clothing company was raised to an "Outperform" at FBR. With shares on a year low and having sold off nearly 60% and a P/E ratio of well under 10.0, that brought some interest from Wall Street. Shares were up over 11% at $39.70 in today's final minutes. Huntsman Corp. (NYSE: HUN ) was one monster mover today. A judge ruled that the private equity firms that walked away could not claim the material adverse change. Shares were up a whopping 70% at $12.59 in today's final minutes. Intel Corporation (NASDAQ: INTC ) rose on a call out ...
Anytime
Filed under: After the bell , Intel (INTC) , Market matters , Abercrombie and Fitch (ANF) , CMGI Inc (CMGI) Volatility is becoming the market's new name. Much of yesterday's 700+ point drop in the DJIA was largely erased as the DJIA was up more than 400 points for most of the last hour today. The markets weren't driven by a bailout package. It was the BELIEF that a new passage would get passed by the weekend. Consumer confidence did come in stronger than expected , although the Conference Board noted that the data cut off date was September 23, before the last round of malaise hit. Here were today's unofficial closing bell levels: DJIA 10,862.61 (+497.16; +4.80%) NASDAQ 2,082.33 (+98.60; +4.97%) S&P500 1,163.93 (+57.54; +5.20%) 10YR T-NOTE 3.827% (+0.195) 52-WEEK LOWS TOP UPGRADES , many moved here. TOP DOWNGRADES Abercrombie & Fitch Co. (NYSE: ANF ) rose after an analyst upgrade this morning. The young adult clothing company was raised to an "Outperform" at FBR. With shares on a year low and having sold off nearly 60% and a P/E ratio of well under 10.0, that brought some interest from Wall Street. Shares were up over 11% at $39.70 in today's final minutes. Huntsman Corp. (NYSE: HUN ) was one monster mover today. A judge ruled that the private equity firms that walked away could not claim the material adverse change. Shares were up a whopping 70% at $12.59 in today's final minutes. Intel Corporation (NASDAQ: INTC ) rose on a call out ...