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30.03.2017 18:22:25

Mid-Day Market Update: Crude Oil Up Over 1.5%; Cartesian Shares Slide

Midway through trading Thursday, the Dow traded up 0.24 percent to 20,709.10 while the NASDAQ rose 0.08 percent to 5,902.39. The S&P also rose, gaining 0.20 percent to 2,365.86.Leading and Lagging SectorsOn Thursday, the financial sector proved to be a source of strength for the market. Leading the sector was strength from American Realty Investors, Inc. (NYSE: ARL) and Consumer Portfolio Services, Inc. (NASDAQ: CPSS).In trading on Thursday, utilities shares fell 0.72 percent. Meanwhile, top losers in the sector included NRG Energy Inc (NYSE: NRG), down 3 percent, and Companhia Paranaense de Energia (ADR) (NYSE: ELP), down 3 percent.Top HeadlineLululemon Athletica inc. (NASDAQ: LULU) reported downbeat earnings for its fourth quarter and issued a weak forecast for the current quarter.Lululemon posted Q4 adjusted earnings of $1 per share, missing estimate by $0.01 per share. The company expects Q1 earnings of $0.25 to $0.27 per share, with sales of $510 to $515 million.Equities Trading UP Interpace ...Full story available on Benzinga.com
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