Market Wrap-Up for Feb.9 (STT, HIG, AGU, MEE, CAT, MS, more)

in Gold Gold Investing Gold Investment by admin — February 9, 2010 2:48 pm | no comments

The market had gotten off to a strong start this morning on the belief a bailout package for Greece was close, and that would be something to help stabilize the global markets. There were some wild swings, but the bulls held on to a decent amount of the gains by the day’s end. Volume finished at 5.1 Billion shares traded on the NYSE and 2.15 Billion shares traded on the NASDAQ. Looking at the market action, solid earnings results helped companies like Harman International ( HAR ) , Agrium ( AGU ) and NYSE Euronext ( NYX ) . On the flipside, earnings figures weighed down other companies like Hartford Financial ( HIG ) , Principal Financial ( PFG ) , and Martin Marietta Materials ( MMC ) . Wall Street upgrades pushed stocks like Caterpillar ( CAT ) and Monsanto ( MON ) higher. Commodity-related shares moved to the upside as well, led by Massey Energy ( MEE ) , Consol Energy ( CNX ) , and CF Industries ( CF ) . The financial sector did not see as much buying as traders may have expected, but we did see gains from the likes of State Street ( STT ) , Morgan Stanley ( MS ) and Blackrock ( BLK ) . We are monitoring