The Dow Adds 68 Points, Nasdaq Gains 13

March 8, 2007 5:14 PM EST
The Dow added 68.25 points today to close at 12,260.70 the Nasdaq gained 13.09 points to close at 2,387.73, and the S&P 500 added 9.92 points to close at 1,401.89. Separately, oil fell $0.18 to close at $61.64.

Volume was modest with 3.09 billion shares trading on the NYSE and 17.5 billion trading on the Nasdaq.
Advancers topples Decliners by a margin of 25:8 on the NYSE and 18:12 on the Nasdaq.

In Individual stories, The Bon-Ton Stores (NASDAQ: BONT) gained 15.8% after announcing total sales for the four weeks ended March 3, 2007 increased 229%, to $237.6 million, compared to $72.2 million for the prior year period. February sales include $153.4 million from Carson's and Parisian stores acquired in 2006. Hollis-Eden Pharmaceuticals (Nasdaq: HEPH) fell 32.25% after the US Dept of HHS said it wouldn't approve a contract for the company's radiation treatment.

Tomorrow, investors will be looking for earnings from Big Lots (NYSE: BIG), Edge Petroleum (Nasdaq: EPEX) and SkillSoft (Nasdaq: SKIL).

Traders will be looking for economic data on February Nonfarm Payrolls and related reports, January Trade Balance and Wholesale Inventories.

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