Market Close Report: Nasdaq Composite Index Closes At 4,244.03 Up 3.36 Points

2014 NASDAQ OMX Investor Day

Advancers stocks led declining by 1.09 to 1 ratio. There were 1356 advancers and 1245 decliners for the day. On the NASDAQ Stock Exchange 65 stocks reached a 52 week high and 5 those reaching lows totaled. The most active, advancers, decliners, unusual volume and most active by dollar volume can be monitored intraday on the Most Active Stocks page. The NASDAQ 100 index closed up .12% for the day; a total of 4.32 points.

Stocks log biggest weekly gain of 2014, Nasdaq ends at 13.5-year high

Together, these handful of companies have earned a market value of over $625 billion. There’s a reason investors are gobbling up these stocks. Over the last five years, The New Tech Guard companies have averaged an unbelievable +77% sales growth rate, coupled with a remarkable +43% expansion in average annual R&D expenditures. Innovation Dead?

The vision-correction company saw its stock trading at $5.34 per share. PhotoMedex Deal LCA-Vision Inc.(NASDAQ:LCAV) noted the smart forward move in the after-trading hours as well, following the announcement by the company that it has closed a deal with PhotoMedexInc, a skin health company. The deal drawn up for the acquisition is valued at $106 million. LCA-Vision Inc.

NASDAQ And The R&D Tech Revolution

economic growth in the first quarter of the year, with payroll expansion seen remaining somewhat subdued, but they expect the pace of activity to pick up in the second quarter. Analysts see the economy growing at an annual rate of 2.0 percent in the current quarter, down from a previous estimate of 2.5 percent, according to the Philadelphia Federal Reserve’s quarterly survey of 45 forecasters. Second-quarter growth was forecast to accelerate to 3.0 percent, up from a prior forecast of 2.9 percent. “Some of these numbers weren’t good but they do not derail the recent positive trendsbut I’m not worried about the U.S.,” said Doug Cote, chief investment strategist at ING U.S. Investment Management.

LCA-Vision Inc. (NASDAQ:LCAV) Abuzz On The Stock Market

After reassuring European growth on Friday and weak U.S. retail sales on Thursday, major data will be in short supply. The stand-out indicator may prove to be the flash Markit/HSBC Purchasing Managers’ Index (PMI) for China, with the February number due for release on Thursday. Last month’s report showed activity in China’s factories contracted in January for the first time in six months, suggesting a slowdown at the end of 2013 had continued into the new year. 8 mins ago Commodities and the market aren’t in sync right now and Dan Dicker of MercBlock says that could spell trouble.


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