Higher Open As Retailer Offered Black Friday Deals On Thanksgiving

The markets opened higher with the Dow climbing 97 points to 11,354 as many retailers enticed consumers to spend by offering Black Friday deals on Thanksgiving. Nasdaq gained 15 points to 2475.

On the upside

Bargain hunters snapped up shares of Alcatel-Lucent (NYSE: ALU), whose stock price tumbled last week after Goldman Sachs analyst Tim Boddy slashed his price target on the communications equipment firm.


Apple (Nasdaq: AAPL) announced Black Friday discounts on its iPad 2, iPod Touch, iPod Nano, MacBook Air, MacBook Pro and iMac.

The Paragon Report issued a research report on Royale Energy (Nasdaq: ROYL) saying that natural gas prices will rise as demand soars.

On the downside


Nokia (NYSE: NOK) cited falling trading volumes for applying to delist from the Frankfurt Stock Exchange.


Vale (NYSE: VALE) named Tito Martins to the position of chief financial officer yesterday.

Investors locked in profits on Yingli Green Energy (NYSE: YGE) whose stock price soared earlier this week after reporting better than expected third quarter results.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks added a point to 676.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here