Stocks close mixed while investors await Alcoa’s report; aluminum co. delivers upbeat reesults
By APMonday, July 12, 2010
Stocks close mixed ahead of upbeat Alcoa report
WAITING GAME: Investors made few moves while they waited for Alcoa Inc. to start second-quarter earnings season. The Dow Jones industrial average rose 18 points. More stocks fell than rose on the New York Stock Exchange.
BIG WINNERS: Alcoa rose in after-hours trading after issuing upbeat results. SanDisk Corp. and Qualcomm Inc. rose on analysts’ optimistic comments. And Hewitt Associates got a big lift from news it’s being bought by Aon Corp.
UP NEXT: Investors will be looking ahead to big bank earnings and General Electric Co.’s report at the end of the week.
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