Thursday, April 26, 2007

U.S. stocks turn mixed on post-rally consolidation

11:41 am ET Apr 26, 2007

DJIA

13,100

+10.41

S&P

1,494

-0.65

NASDAQ

2,552

+4.82

10Yr

4.68%

+0.036

U.S. stocks turn mixed on post-rally consolidation

NEW YORK

U.S. stocks were mixed on Thursday, as investors consolidated gains in
the wake of a rally that propelled the Dow Jones Industrial Average
above 13,000, even as blowout earnings from Apple Inc. and upbeat
results from the likes of 3M Corp. and Ford Motor Co. continued to lift
sentiment.

Currencies: Dollar rebounds from a near record low vs. euro

NEW YORK
The dollar rose across the board Thursday, rebounding after hitting a
near all-time low against the euro in the prior session.

Apple shares hit new high on earnings blow-out

NEW YORK
Apple Inc. watched its shares jump past the $100 to set a new all-time
high Thursday morning after the company reported an 88% surge in
second-quarter earnings.

Ford narrows loss, but North America's weaker in quarter

NEW YORK
Ford Motor Co. shares jumped as much as 6.3% early Thursday after the
automaker posted a narrower first-quarter loss, even as its vast
restructuring plans couldn't keep its key North American operations from
sinking deeper into the red.

Exxon Mobil boosts profit 10% despite slip in revenue

NEW YORK
Exxon Mobil Corp., the world's biggest oil company, drew heavily on its
vast refining network to pump up first-quarter earnings, reporting
Thursday a 10% jump in profit despite a drop in overall revenue.

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