ADVFN - Advanced Financial Network.
HOME» NYSE » A » AA Stock Price » AA Stock News

Alcoa Share News

 Alcoa, Inc. Stock Price
AA Stock Price
 Alcoa, Inc. Stock Chart
AA Stock Chart
 Alcoa, Inc. Stock News
AA Stock News
 Alcoa, Inc. Company Information
AA Company Information
 Alcoa, Inc. Stock Trades
AA Stock Trades

MARKET SNAPSHOT: U.S. Stocks Rise; Apple Supports Nasdaq

By Laura Mandaro, MarketWatch SAN FRANCISCO (MarketWatch) -- U.S. stock indexes rose Monday, extending last week's advance, getting some support from Apple Inc.'s dividend plans and housing data. Tech stocks led, though some bellwethers pulled back. The Dow Jones Industrial Average (DJI) shed early losses near midday, rising 18.17 points, or 0.1%, to 13,250.11 as the trading session wound down. Alcoa Inc. (AA) led gainers, up 1.3%. Bank of America Corp. (BAC), earlier the Dow's biggest advancer as shares stretched over $10, turned lower to lead blue-chip losses. Out of 30 components, 18 were higher. The blue-chip index started its recovery after the National Association of Home Builders and Wells Fargo said their builders' sentiment index stayed at its highest level in close to five years. It's the first of a series of housing reports expected this week. They're generally expected to show further signs of improvement for the beaten-down sector. On Tuesday, data on U.S. housing starts for February will be released. While some expected improvement might be due to unseasonably warm weather this winter, that explanation "has been an overhyped story as to why the economy has surprised many analysts to the upside," wrote Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities. The Nasdaq Composite (RIXF) rose 27.17 points, or 0.9%, to 3,082.32. Its biggest component, Apple (AAPL), announced it would start paying a quarterly dividend in its fourth quarter, which runs July through September. Apple shares climbed 2.1% to $597.86. Some tech bellwethers slid, limiting index gains. Microsoft Corp. (MSFT) was down 1% and Hewlett-Packard (HPQ) lost 0.5%. "If you were managing some large portfolio for dividend stocks, and you had IBM (IBM), Microsoft or others, now you have the chance to buy Apple," said David Rolfe, Chief Investment Officer with Wedgewood Partners and manager of the RiverPark/Wedgewood Fund (RWGFX). "I think institutional investors who have avoided Apple because it hasn't paid a dividend, might be looking at Apple now and thinking, 'Well what are going to sell to make room for Apple?'" The S&P 500 (SPX), which turned higher ahead of the housing data, rose 7.17 points, or 0.5%, to 1,411.35. Tech stocks gained the most. Sectors known as defensive plays -- utilities, telecoms and health care -- rose the least. Of 10 industry groups, all but one were higher. "The market is pricing in a couple of factors: Growth in the U.S. is likely to be reasonable, and corporate profits still look good," said Stephen Wood, chief market strategist at Russell Investments in New York. Plus, "characteristics of Europe are becoming known, the characteristics of China's [economic] landing are becoming known, and that gives the market the ability to focus on fundamentals on the U.S.," he said. Last week, all three major indexes gained more than 2%, reaching pre- financial-crisis levels.

Stock News for Alcoa (AA)
DateTimeHeadline
04/14/201409:50:25Hot Stocks: Hot Stocks to Watch
04/11/201418:10:14Fitch Cuts Alcoa's Rating Into Junk Territory
04/09/201417:00:11MARKET SNAPSHOT: U.S. Stocks Rally On Dovish Signals In Fed Minutes
04/09/201415:13:56MARKET SNAPSHOT: U.S. Stocks Jump On Dovish Signals In Fed Minutes
04/09/201414:39:07MARKET SNAPSHOT: U.S. Stocks Rise After Fed Minutes
04/09/201414:03:21MARKET SNAPSHOT: U.S. Stocks Edge Higher; Focus On Fed Minutes
04/09/201411:51:16MARKET SNAPSHOT: U.S. Stocks Edge Higher; Fed Minutes In Focus
04/09/201410:32:29MARKET SNAPSHOT: U.S. Stocks Edge Higher; FOMC Minutes In Focus
04/09/201409:19:08U.S. Hot Stocks: Hot Stocks to Watch
04/08/201417:04:29MARKET SNAPSHOT: U.S. Stocks Edge Higher After 3-session Slide
04/08/201416:44:25MARKET SNAPSHOT: U.S. Stocks Post Modest Gains
04/08/201413:36:39MARKET SNAPSHOT: U.S. Stocks Waver As Ukraine Fears Hit Global...
04/08/201410:20:25MARKET SNAPSHOT: U.S. Stocks Stabilize After 3 Days Of Losses
04/07/201417:03:59MARKET SNAPSHOT: U.S. Stocks Fall; Nasdaq 3-day Loss Worst Since...
04/07/201414:18:10MARKET SNAPSHOT: U.S. Stocks Extend Losses Ahead Of Quarterly...
04/07/201410:23:09MARKET SNAPSHOT: Stocks Extend Losses; TripAdvisor Falls 1.5%
03/28/201412:29:59Alcoa to Cut Smelting Capacity in Brazil
03/01/201408:39:18Apple Plans to Launch In-Car Operating System With Ferrari, Mercedes...
01/20/201410:30:15BHP Billiton Considers Halting Bayside Aluminum Smelter
01/16/201409:35:05US Hot Stocks: Hot Stocks to Watch

Alcoa and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad