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Newspaper
Holland Sentinel
Location
Holland, Michigan, United States of America
Date
Jul 04, 2013
Page
4
Equities closed with modest gains led by technology and energy names after a volatile session. Major indices posted small advances as traders digested economic data and corporate earnings, with volume below average and traders cautious about inflation signals.
U.S. stocks rose as hiring data boosted optimism about the jobs market outweighing higher oil prices and Europe’s debt worries. Oil topped 102 dollars a barrel as Egypt unrest threatened Suez supply, while Portugal’s market weakness echoed in Europe. economists forecast 165000 new U.S. jobs in June ahead of Friday’s employment report.
Best Buy Co. shares rose 73 cents to 29.42 after Goldman Sachs raised it to Buy noting improved aggressive pricing. Chipotle Mexican Grill jumped 12.94 to 384.47 as stock climbs about 29 percent year to date. Robert Hall International fell 1.74 to 31.56 amid health care overhaul delays benefiting staffing. Avon Products slid .35 to 20.94 as it refocuses by selling Silpada jewelry to founders for 85 million.
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