{"id":14413,"date":"2011-11-03T15:43:00","date_gmt":"2011-11-03T15:43:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-headed-for-a-second-straight-higher-finish\/14410\/"},"modified":"2011-11-03T15:43:00","modified_gmt":"2011-11-03T15:43:00","slug":"stocks-headed-for-a-second-straight-higher-finish","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-headed-for-a-second-straight-higher-finish\/14413\/","title":{"rendered":"Stocks Headed for a Second Straight Higher Finish"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><br \/>\n<!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p>Stocks are headed for a second straight higher finish in trading today, with all three major indexes currently near the session highs. Stocks have been pushed higher by some solid economic data released in the U.S. earlier today and a surprise rate cut from the European Central Bank. Stocks are also rising as worries about Greece eased a little after the country abandoned a referendum on bailout package.<\/p>\n<p><span id=\"more-14413\"><\/span><\/p>\n<p>The surprise referendum call had put the Europe\u2019s plan to stem the debt crisis in danger. However, pressure from European leaders made Greece to abandon the referendum. Still there is a great deal of uncertainty over Greece as the country\u2019s Prime Minister has come under severe criticism for calling a referendum on the bailout package. It also uncertain whether Greece will receive the next tranche of bailout funds as the country has not yet implemented deeper budget cuts needed to receive the funds.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>Amid the uncertainty stocks have bounced back sharply in last two days after Tuesday\u2019s huge sell-off. The <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> is currently trading 1.66% higher at 12,032.06, the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> is currently trading 1.96% higher at 1,262.11, and the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> is currently trading 2.15% higher at 2,696.75.<\/p>\n<p>All sectors in the S&amp;P 500 are headed for a strong finish today. Industrials are leading the gains in the S&amp;P 500 in late trading. At last check, Industrials were trading 2.99% higher. Conglomerates have also risen sharply in trading today. At last check, Conglomerates were trading 2.61% higher. Basic Materials stocks are up 2%, while Energy stocks are up 1.78% in late trading.<\/p>\n<p>Among the major gainers in late trading are Estee Lauder Companies Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=el\">NYSE: EL<\/a>), which is currently trading 17.97% higher at $118.95, Aeropostale Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=aro\">NYSE: ARO<\/a>), which is currently trading 18.78% higher at $17.01, and CVS Caremark Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/markets\/nyse\/today.aspx\">NYSE<\/a>: CVS), which is currently trading 4.19% higher at $37.27.<\/p>\n<p>&nbsp;<\/p>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stocks are headed for a second straight higher finish in trading today, with all three major indexes currently near the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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