{"id":36841,"date":"2012-11-01T16:38:00","date_gmt":"2012-11-01T16:38:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-kick-off-november-on-a-strong-note\/36778\/"},"modified":"2012-11-01T16:38:00","modified_gmt":"2012-11-01T16:38:00","slug":"stocks-kick-off-november-on-a-strong-note","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-kick-off-november-on-a-strong-note\/36841\/","title":{"rendered":"Stocks Kick-Off November on a Strong Note"},"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>Stocks began the month of November on a strong note, with all three major indexes finishing the day sharply higher as investors cheered some robust U.S. economic data.<\/p>\n<p><span id=\"more-36841\"><\/span><\/p>\n<p>The <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> ended the day 1.04% higher at 13,232.62, the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> was trading 1.09% higher at 1,427.59, and the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> ended the day 1.44% higher at 3,020.06.<\/p>\n<p>Consumer Cyclical sector led the gains in the S&amp;P 500 in trading today, ending the day 2.04% higher. Industrials ended the day 1.76% higher, while Conglomerates ended the day 1.55% higher. Technology sector also rallied today, ending the day 1.77% higher. Basic Materials sector rose 1.13%, while Energy sector rose 1.01%. Financials ended the day 1.32% higher. Utilities were the worst performers in the S&amp;P 500 today, ending the day 0.34% lower.<\/p>\n<p>Among the major gainers in trading today were Sourcefire Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=FIRE\" target=\"_blank\" rel=\"noopener\">NASDAQ: FIRE<\/a>), which ended the day 13.30% higher at $48.48, Microsoft Corp. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=MSFT\" target=\"_blank\" rel=\"noopener\">NASDAQ: MSFT<\/a>), which ended the day 3.42% higher at $29.51, Jda Software Group Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=JDAS\" target=\"_blank\" rel=\"noopener\">NASDAQ: JDAS<\/a>), which ended the day 17.33% higher at $44.76, Prestige Brands Holdings Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=PBH\" target=\"_blank\" rel=\"noopener\">NYSE: PBH<\/a>), which ended the day 18.46% higher at $20.60, and Advance Auto Parts Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=AAP\" target=\"_blank\" rel=\"noopener\">NYSE: AAP<\/a>), which ended the day 14.18% higher at $81.<\/p>\n<p>Among the major losers in trading today were Pfizer Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=PFE\" target=\"_blank\" rel=\"noopener\">NYSE: PFE<\/a>), which ended the day 1.29% lower at $24.55, and Wal-Mart Stores Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=WMT\" target=\"_blank\" rel=\"noopener\">NYSE:WMT<\/a>), which ended the day 2.09% lower at $73.45.<\/p>\n<p>On the economic front, investors got some positive data from the labor market earlier today. A report from ADP showed that the private sector added 158,000 jobs in October, while initial a Labor Department report showed that initial jobless claims fell to a seasonally adjusted 363,000 last week. Investors are now focused on the all-important nonfarm payrolls data, which is scheduled to be released tomorrow.<\/p>\n<p>In other economic data, the Institute of Supply Management\u2019s index of manufacturing activity in the U.S. climbed to 51.7 in the month of October. A report from the Commerce Department, meanwhile, showed that construction spending rose in September. Finally, the Conference Board\u2019s consumer confidence index climbed to the highest level in more than four years in October.<\/p>\n<p>Markets in Europe also gained in trading today, with the EURO STOXX 50 Index closing 1.21% higher. Asian markets ended mostly higher overnight, with the Nikkei 225 Index in Japan closing 0.21% higher, and the Hang Seng Index in Hong Kong closing 0.83% higher.<\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"www2.thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20121103082759\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.2\/?tag=nrelate_popular&domain=www2.thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fwww2.thestockmarketwatch.com%2Fstock-market-news%2Fstocks-kick-off-november-on-a-strong-note%2F36841&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-tumble-6\/36936\">\nGold Prices Tumble<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-fall-sharply-despite-strong-jobs-report\/36918\">\nStocks Fall Sharply Despite Strong Jobs Report<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-fall-sharply-silver-prices-also-tumble-3\/36917\">\nGold Prices Fall Sharply; Silver Prices also Tumble<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-extend-losses-in-late-trading-4\/36915\">\nStocks Extend Losses in Late Trading<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-turn-lower-in-mid-day-trading-3\/36911\">\nStocks Turn Lower in Mid-Day Trading<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/curtiss-wright-cw-will-acquire-williams-controls-wmco\/36899\">\nCurtiss-Wright &#8211; CW &#8211; Will acquire Williams Controls &#8211; WMCO<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/applied-industrial-technologies-ait-acquires-hyquip-inc\/36898\">\nApplied Industrial Technologies &#8211; AIT &#8211; Acquires HyQuip, Inc.<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20121103082759im_\/http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/userphoto\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nEd 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<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n<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>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script>\n\n\t\t\t\t\t\t\n\n\t\n\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\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks began the month of November on a strong note, with all three major indexes finishing the day sharply higher [&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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