ADVFN - Advanced Financial Network.
HOME» NYSE » H » HPQ Stock Price » HPQ Stock News

Hewlett Packard Share News

 Hewlett-packard Stock Price
HPQ Stock Price
 Hewlett-packard Stock Chart
HPQ Stock Chart
 Hewlett-packard Stock News
HPQ Stock News
 Hewlett-packard Company Information
HPQ Company Information
 Hewlett-packard Stock Trades
HPQ 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 Hewlett Packard (HPQ)
DateTimeHeadline
08/21/201417:16:34MARKET SNAPSHOT: U.S. Stocks: S&P 500 Sets Record Close; Dow...
08/21/201416:52:19TECH STOCKS: H-P, EBay Pace Slate Of Tech Gains
08/21/201415:11:36MARKET SNAPSHOT: U.S. Stocks: S&P 500 On Pace For Record Close;...
08/21/201413:10:53MARKET SNAPSHOT: U.S. Stocks Rise, Pushing S&P 500 To Intraday...
08/21/201411:41:13TECH STOCKS: H-P Gives Tech Stocks A Boost In Wake Of Earnings
08/21/201409:52:54MARKET SNAPSHOT: U.S. Stocks Rise, Lifting S&P 500 Above Its...
08/21/201409:41:01U.S. Hot Stocks: Hot Stocks to Watch
08/21/201409:06:13MARKET SNAPSHOT: U.S. Stocks: Futures Up After Claims; S&P Eyes...
08/21/201408:11:20MARKET SNAPSHOT: U.S. Stocks: Futures Up As S&P 500 Nears A Record
08/21/201406:14:41MARKET SNAPSHOT: U.S. Stocks: Futures Up As Fed, China Given...
08/20/201417:24:34TECH STOCKS: Tech Stocks Weaken Ahead Of H-P's Earnings
08/20/201416:21:29TECH STOCKS: Tech Stocks Weaken; H-P Earnings On Tap
08/19/201416:55:52TECH STOCKS: Google, Apple Gain Ground As Tech Stocks Rise
08/18/201416:54:38TECH STOCKS: Apple, Netflix Help Tech Stocks Start Week With...
08/18/201412:03:10TECH STOCKS: Apple, Netflix Among Tech Stocks On The Rise
08/14/201418:52:09Agilent Technologies Profit Falls on Higher Expenses Related...
08/12/201416:47:33TECH STOCKS: Twitter Among Few Gainers In Weak Tech Session
08/11/201417:10:47TECH STOCKS: Priceline Among Gainers As Tech Stocks Rally
08/08/201412:36:06Gemalto to Buy SafeNet for $890 Million
08/07/201417:20:32TECH STOCKS: Tech Sector Ends Day In The Red

Hewlett Packard 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