The Dow Gains 6 Points, Nasdaq Adds 4
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The Dow added 5.60 points today to close at 12,354.35 the Nasdaq gained 3.76 points to close at 2,421.64, and the S&P 500 fell 1.67 points to close at 1,420.86. Oil closed $0.04 higher at $66.07.
Volume was modest with 2.94 billion shares trading on the NYSE and 2.12 billion trading on the Nasdaq. Decliners topped Advancers by a margin of 18:14 on the NYSE and 17:13 on the Nasdaq.
In Individual stories, Dendreon (Nasdaq: DNDN) gained 147.7% after the FDA panel backed PROVENGE for treatment of prostate cancer. ICT GROUP (NASDAQ: ICTG) fell almost 29% after the company said it anticipates Q1 revenue of approx. $115 million and diluted EPS in the range of $0.02 to $0.04. This estimate compares with the Company's previous expectation of revenue in the range of $116 to $118 million and earnings per diluted share in the range of $0.20 to $0.23.
Volume was modest with 2.94 billion shares trading on the NYSE and 2.12 billion trading on the Nasdaq. Decliners topped Advancers by a margin of 18:14 on the NYSE and 17:13 on the Nasdaq.
In Individual stories, Dendreon (Nasdaq: DNDN) gained 147.7% after the FDA panel backed PROVENGE for treatment of prostate cancer. ICT GROUP (NASDAQ: ICTG) fell almost 29% after the company said it anticipates Q1 revenue of approx. $115 million and diluted EPS in the range of $0.02 to $0.04. This estimate compares with the Company's previous expectation of revenue in the range of $116 to $118 million and earnings per diluted share in the range of $0.20 to $0.23.
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