Quick Look Market Closing Price:
At the close: Dow +1.21% to 12859. S&P +1.43% to 1345. Nasdaq +1.6% to 2905.
Treasurys: 30-year -1.28%. 10-yr -0.56%. 5-yr -0.23%.
Commodities: Crude +1.46% to $97.77. Gold -1.78% to $1727.95.
Currencies: Euro +0.02% vs. dollar. Yen +0.44%. Pound -0.09%..
After Hours News:
Morgan Stanly (MS) is underwrite of Facebook (FB) that reason Mad Money Pick this stock in ah on Friday. Shares +1.5% AH
Micron (MU) states COO Mark Duncan will serve as interim CEO following the death of chairman and CEO Steve Appleton in a plane crash, until a full-time successor is named. Micron shares are still halted. Update: Micron has resumed trading, and is down 4.2% AH.
Alpha Natural Resources (ANR) falls 4.7% AH after announcing it's slashing coal production at some of its Kentucky and West Virginia mines, on account of lower demand. The cutbacks will reduce annual production by roughly 4M tons, and results in the displacement of about 320 employees. Alpha adds rising natural gas production is affecting its coal sales to utilities
Drug developer Zogenix (ZGNX) falls 8.4% AH after filing for a $75M mixed shelf offering. Zogenix says it will use the proceeds to fund the commercialization of its Sumavel DosePro migraine drug and (pending FDA approval) and its controversial Zohydro painkiller
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