Top 3 Reasons Today’s Markets Were Up

This story from Wall Street Cheat Sheet
Markets closed up on Wall Street: DJI +0.07% SP500 +0.42% Nasdaq +0.74% Gold +0.71%
The markets were up because:
- New Home Sales came in better than expected. Sales were up 17.5% month-over-month, but finished 2010 down 14% from 2009. Check Out: CHART JUNKIE: 2010 New Home Sales in Historic Perspective >>
- Demand Media (NYSE:DMD) and Nielsen Holdings (NYSE:NLSN) sparked some excitement over the IPO market. IPOs are the key to a new crop of leaders getting investors excited again. Don’t Miss: US IPO Explosion: Nielsen Soars 11% While Demand Media Shoots the Moon >>
- Gold (NYSE:GLD) bounced back. The Fed will keep the $600 billion dollar bond purchase program — inflation is not out of the question. Don’t Miss: Spec Money Exits Gold & Silver but Remains Heavily Long Other Markets >>
Here are today’s Top Moving Stocks:
- Xerox Corporation (NYSE:XRX), Eastman Kodak Company (NYSE:EK), MicroStrategy Incorporated. (NASDAQ:MSTR), Rockwell Automation (NYSE:ROK), The Boeing Company (NYSE:BA), National Instruments Corp (NASDAQ:NATI), Keynote Systems, Inc. (NASDAQ:KEYN), Halliburton Company (NYSE:HAL), Occidental Petroleum Corporation (NYSE:OXY), QUALCOMM, Inc. (NASDAQ:QCOM), E TRADE Financial Corporation (NASDAQ:ETFC), Citrix Systems, Inc. (NASDAQ:CTXS), Starbucks Corporation (NASDAQ:SBUX), Symantec Corporation (NASDAQ:SYMC).
- Now Check Out Why These Shares Moved >>
Fresh Off the Press! Our Market Outlook 2011 is here. You won’t want to invest without it >>
Read more at Wall Street Cheat Sheet – The Trade
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