By 12:18 pm, the Dow Jones Industrial Average was up 24.83 points, or 0.24%, to 10,551.32, while the broader Standard & Poor's 500 index had gained 0.68 points, or 0.06%. The NASDAQ composite index rose 6.18 points, or 0.27%.
Some of the narrow based indexes that are supporting the market are Drug Distributor Stocks, which have gained 4.0%, Credit Card Stocks, up 2.7%, and Uranium Stocks, moving 2.4% higher as a group.
In Tickerspy's Drug Distributor complex, McKesson Corporation MCK had surged 6.1%. MCK's earnings are likely to grow by 56.84% this year.
The best performing Tickerspy Credit Card stock has been MasterCard Inc MA, which was up 5.4%. The board of directors of MA has authorized a new stock repurchase plan for up to $1 billion of its Class A common stock.
Uranium Energy Corp UEC is today's leading Tickerspy's Uranium stock, gaining 10.8%. UEC's earnings are likely to rise by 156.50% in the next year.
Read more from Benzinga's Company news.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Long IdeasBuybacksIntraday UpdateMarketsTrading IdeasCoal & Consumable FuelsData Processing & Outsourced ServicesEnergyHealth CareHealth Care DistributorsInformation Technologytop Narrow Based Indexes
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in