• Dow +71.22 at 12512.80, Nasdaq +25.54 at 2822.40, S&P +7.97 at 1339.07

Market news

31 May 2011

Dow +71.22 at 12512.80, Nasdaq +25.54 at 2822.40, S&P +7.97 at 1339.07

U.S. equities continue to hold gains. Strength in technology helped the Nasdaq holding a gain of 0.9% while the Dow and S&P trail with 0.6% gains.
Conglomerate Siemens (SI 133.36, +5.17) is trading higher by 4.1% on word that Germany will discontinue the use of nuclear energy by 2022. The co is a large producer of wind turbines, and is seeing gains on the heels of that announcement.
First Solar (FSLR 123.22, +1.85) and other alternative energy plays are also seeing strength attributable to the news.


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