Stocks finished at session highs as better-than-expected quarterly results from Merck and Barclays reassured investors. A bigger-than-expected rise in manufacturing activity and some strength overseas added to the momentum. Microsoft CEO Steve Ballmer unveiled the next generation of Windows Phones. Barron's reported that Oracle can achieve its financial goals even if its integration with Sun Microsystems doesn't go smoothly: future job cuts. QQQQ implied volatility returned to record lows.
Wednesday, February 17, 2010
In rally mode
Stocks finished at session highs as better-than-expected quarterly results from Merck and Barclays reassured investors. A bigger-than-expected rise in manufacturing activity and some strength overseas added to the momentum. Microsoft CEO Steve Ballmer unveiled the next generation of Windows Phones. Barron's reported that Oracle can achieve its financial goals even if its integration with Sun Microsystems doesn't go smoothly: future job cuts. QQQQ implied volatility returned to record lows.
