Markets Close with Modest Gains
Stocks ended higher for the day as investors pinned their hopes on an eventual budget deal as 3rd quarter economic growth and home sales rose. The Dow finished at 13,021, up 36 points while Nasdaq rose 20 points to close at 3012.

On the upside

Shares of THQ (Nasdaq: THQI) in late afternoon trading on cautious optimism that the gaming company may secure some financing.

Goldman Sachs upgraded HDFC Bank (NYSE: HDB) which also boosted other Indian banks like ICICI Bank (NYSE: IBN) .

Shares of China HGS Real Estate (Nasdaq: HGSH) set new 52-week highs to lead the real estate sector.

On the downside

Supervalue (NYSE: SUV) confirmed that it was reviewing strategic options after a private equity firm reported problems securing the necessary funds for a leveraged buyout of the grocery chain.

Barnes & Noble (NYSE: BKS) posted 2nd quarter profits, but digital content sales slowed due to increased competition.

Shares of Zynga (Nasdaq: ZNGA) fell afterhours after the online gaming company disclosed new terms for its relationship with Facebook (NYSE: FB).

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks rose 9 points to close at 823.
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