Dow +47.89 at 12811.30, Nasdaq -1.13 at 2871.40, S&P +2.41 at 1362.89

Market news

29 April 2011

Dow +47.89 at 12811.30, Nasdaq -1.13 at 2871.40, S&P +2.41 at 1362.89

The major equity averages have turned lower in recent trade.
Energy stocks continue to sport impressive gains, though. Occidental Petroleum (OXY 112.32, +7.19) is a top performer as it extends the prior session's gains, which came in response to a stronger-than-expected earnings report. Meanwhile, Chevron (CVX ) is up, but much more modestly.Overall, the energy sector is up 1.2%, which is far stronger than any other major sector.

ASIA: The national holidays making up the Golden Week are: April 29 - Showa Day (Showa no hi); May 3 - Constitution Day (Kenpo kinenbi); May 4 - Greenery Day (Midori no hi); May 5 - Children's Day (Kodomo no hi).

GBP/USD holds higher

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