DJIA Hits 11,200 in Early Trade (INDEXDJX:DJI, PDE, ERTS)

Us stocks opened with modest gains on Wednesday ahead of the Fed meeting later at 2:15 p.m. Eastern. Investors are anticipating additional stimulus from the Fed. The Dow Jones Industrial Average jumped 17 points to 11,205.86, The NASDAQ fell 2.40 pints to 2,531.12 and S&P 500 added 0.36 to 1,193.33. The Institute for Supply Management’s non-manufacturing index for October is due for release at 10 a.m. Eastern. Economists see it to move up slightly to 53.5% from 53.2% in September. Pride International, Inc. (NYSE:PDE) climbed 5.60% to $32.76 after The Wall Street Journal reported that the company is considering a possible sale of the company. Electronic Arts Inc. (NASDAQ:ERTS) is down 1.85% despite it posted surprise profit in its second quarter. However, it forecasted a lower than estimated earnings for its next quarter. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
tdp2664
Epic Stock Picks