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US Markets closes up after crude prices takes a little drop

May 28th, 2008

Thanks to the little drop in the crude prices, Investors and traders took a breather in their trades as the US markets closed the day in green. NASDAQ magaged to trade the entire session in the green though a little down trend is visible during noon. The second half of the session is fully biased towards the bulls. NASDAQ closed the day at 2481.24 up 36.57 points or 1.50%. DJIA closed at 12548.35 points up 68.72 points of 0.55% while closed at S&P 500 points 1385.35 points up by 9.42 points or 0.68%

Top gainers of the day include Jamba, Inc. (JMBAU) which last traded at $ 2.80 up $0.55
U.S. Concrete, Inc. (RMIX) - Last Traded at $ 5.14 up $ 0.80, Fuqi International, Inc. (FUQI) last traded at $ 10.69 up $ 1.61, China Finance Online Co. Limited (JRJC) Last traded at $ 23.90 up $ 3.35 and Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW) which last traded at $2.36 up $ 0.33

1 U.S. dollar = 103.252452 Japanese yen
1 U.S. dollar = 0.634517766 Euros
1 U.S. dollar = 42.6093996 Indian rupees

Entry Filed under: Global Markets