Market Wrap-Up for Mar.17 (BLK, LNC, PNC, STT, MEE, IP, more)

in Gold Gold Investment by admin — March 17, 2010 2:21 pm | no comments

The market continued to move higher following yesterday’s afternoon run, after the Fed’s non-move on interest rates. We added a new name to our recommended list this morning that should be suited for dividend investors looking for a bit more growth, but with a smaller dividend yield. Be sure to check that out in the link below, if you did not read the e-mail alert we sent out this morning. As for today’s action, Lincoln National ( LNC ) and Blackrock ( BLK ) moved nicely higher on positive Wall Street chatter. Also in the financial space, we saw seeing buying in names like Franklin Resources ( BEN ) , PNC Financial ( PNC ) , and State Street ( STT ) . Commodity stocks did fairly well, with names like Massey Energy ( MEE ) and BHP Billiton ( BHP ) closing in the green. International Paper ( IP ) was another stock winner in today’s action. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .