Good Wednesday after slow Start of Week in Stock Market

On Wednesday, 20 August 2008 NASDAQ stock market attained a comprehensive percentage of gain. NASDAQ closed on 2389.83 with NASDSAQ computer showing an overall increase of +4.72 per cent. Six of the ten economic sectors stocks on the NASDAQ reported a considerable amount of gain. The NASDAQ stock market also received a boost due to the stable earnings in the technology sector with Hewlett-Packard (HPQ 45.61, +1.92) reporting a very modest earning. The crude oil prices continue to trade in the negative territory with the prices falling -1.3% to $113.95 per barrel. The NASDAQ shares of the materials sector (+0.6%) also posted a considerable amount of profit. The industrial sector (-0.3%) and the healthcare sector (-0.5%) were the worst performer of the session. Macy's (M 20.26, -0.06) and Kohl's (KSS 48.59, -0.23) were the biggest losers in NASDAQ. Monsanto (MON 116.90, +4.04) and Bank of America (BAC 28.67, +0.59) were the biggest NASDAQ gainers.