Dow +68.87 at 12707.61, Nasdaq +20.23 at 2847.79, S&P +7.88 at 1348.08

Market news

9 May 2011

Dow +68.87 at 12707.61, Nasdaq +20.23 at 2847.79, S&P +7.88 at 1348.08

Stocks have moved incrementally higher to trade in line with earlier session highs. Even though the broader market is still in solid shape, bank stocks continue to trail. As such, the KBW Bank Index is down 0.4% for the session. Weakness in the banking space has weighed on the broader financial sector, which is still the only major sector in the red as it contends with a 0.1% loss.

Schedule for today, Tuesday, May 10 2011:

June WTI gains extend to $5.56, contract trades to $102.74.

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