The NASDAQ outperformed its peers today as Apple shares rallied following a pre-market positive note out of Citigroup which gave the stock a Buy rating. Technology stocks in general performed well with EBAY also seeing significant upside following market reports that web based holiday shopping will be supportive for EBAY. Overall, sentiment was slightly damp as US fiscal cliff commentary was slightly less hopeful than previously and the Eurogroup continued to negotiate a solution to the Greek problem. The lack of any meaningful US economic data also helped contribute to the choppy and directionless price action. Finally, the DJIA finished down 0.33% at 12967.45, the S&P 500 finished down -0.20 % at 1406.27 and the Nasdaq 100 finished up 0.46% at 2651.67.
Print 21:03, 26 Nov 2012 - US Equities - Source: RANsquawk
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: