The jump in oil prices lifted shares in the whole energy sector. And we also had very strong confidence numbers, which helped support the rest of the market.
More Quotes from Tim Ghriskey:
The Fed statement was clear about the likelihood of further rate increases. That outlook, combined with Dell's warning, was enough to damp demand for stocks today.Tim Ghriskey
While it's certainly an industry issue, we believe Ericsson is having a hard time competing in networks against competition. That appears to have led to a major shake up at the top,
Tim Ghriskey
They are spending heavily to encourage future growth. They've got a lot of competition. Their competitive edge is their brand name and shopping experience.
Tim Ghriskey
The tobacco lawsuit being settled -- that's obviously impacting tobacco stocks.
Tim Ghriskey
Clearly Delphi is under pressure here, and their threat (of bankruptcy) is a real threat. Their first order of business is to try to renegotiate some of those (union) deals and terms to ensure the viability of the U.S. business.
Tim Ghriskey
There are some high-profile upgrades this morning, and Exxon Mobil and Intel are certainly helping the market. Adobe earnings, the current account number coming almost in line, and the moderation in oil prices will be a positive on the market.
Tim Ghriskey
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There are a great number of Republicans who are economically conservative but have hearts and a consciousness about their country.Tim Robbins
People make jokes about my bosoms, why don't they look underneath the breasts at the heart? It's obvious I've got big ones and if people want to assume they're not mine, then let them.
Dolly Parton
An excellent job with a dubious undertaking, which is like saying it would be great if it wasn't awful.
Ada Louise Huxtable