10 Feb 2015
Wall Street closed with solid gains on Greece hopes; S&P at highs of the year
FXStreet (San Francisco) - US stocks closed with solid gains as investors' optimism was boosted by news from Greece. The S&P 500 closed near to highs of the year while the Dow posted triple digit gains. Both are now 1% near to record highs.
Investors also welcomed better-than-expected earnings from Coca Cola $KO and CVS $CVS; Apple $AAPL became the first ever $700 billion company in the US after closing at all-time highs of 122.02, valuing the company at $710.7B.
Most sectors finished Tuesday up for the day. Utilities sector led the market with 1.68% gains on the day; followed by Technology (+1.56%), and Health Care (+1.35%). Energy shares led the laggards with 0.75% drop; followed by Materials with a 0.13% decline.
The Dow Jones advanced 0.79% to close at 17,868.76; the S&P 500 rallied 1.07% to 2,068.59; while the Nasdaq Composite climbed 1.30% to 4,787.65. Small caps in the figure of the Russell 2000 recovered the 2,000 level after rising 0.61% to 1,203.18.
Big winners of the day were: Pfizer $PFE (+3.27%), Apple $AAPL (+1.92%), Coca Cola $KO (+2.84%) and Google $GOOGL (+2.06%). To the downside, big losers were: Petrobras $PBR (-7.29%), BHP Billiton $BBL (-2.26%), and HSBC $HSBC (-1.62%).
On related market, WTI oil declined $1.73 from 52.60 to close at 50.90. The oil broke S1 and S2 before bouncing at 50.00 earlier in the day. Gold fell on Tuesday after small bounce on Monday. The metal closed at 1,233.90.
Investors also welcomed better-than-expected earnings from Coca Cola $KO and CVS $CVS; Apple $AAPL became the first ever $700 billion company in the US after closing at all-time highs of 122.02, valuing the company at $710.7B.
Most sectors finished Tuesday up for the day. Utilities sector led the market with 1.68% gains on the day; followed by Technology (+1.56%), and Health Care (+1.35%). Energy shares led the laggards with 0.75% drop; followed by Materials with a 0.13% decline.
The Dow Jones advanced 0.79% to close at 17,868.76; the S&P 500 rallied 1.07% to 2,068.59; while the Nasdaq Composite climbed 1.30% to 4,787.65. Small caps in the figure of the Russell 2000 recovered the 2,000 level after rising 0.61% to 1,203.18.
Big winners of the day were: Pfizer $PFE (+3.27%), Apple $AAPL (+1.92%), Coca Cola $KO (+2.84%) and Google $GOOGL (+2.06%). To the downside, big losers were: Petrobras $PBR (-7.29%), BHP Billiton $BBL (-2.26%), and HSBC $HSBC (-1.62%).
On related market, WTI oil declined $1.73 from 52.60 to close at 50.90. The oil broke S1 and S2 before bouncing at 50.00 earlier in the day. Gold fell on Tuesday after small bounce on Monday. The metal closed at 1,233.90.